Things to Remember When Setting Up a Removals Company

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Written by Michael Foote, Insurance and Finance Expert

Michael Foote is the founder of Quote Goat and has over 13 years experience working in the finance, insurance and currency sectors. Since launching Quote Goat he has appeared on TV as well as many of the largest online publications including Forbes, The Telegraph and The Metro. Prior to Quote Goat, he worked in finance in the city for a number of firms including HSBC.

Setting up your own company can be a an extremely rewarding venture, both personally and financially. Being your own boss means you can plan your work schedule around your own life, which can be great if you have a family or hobbies that take up a decent chunk of your time. Owning a business also means you’re earning your own income and pocketing the majority of the profit, which can be extremely satisfying, especially if you’ve been struggling on a low wage while working for someone else.

If you have previous experience working in removals, then you might be considering setting up a small removal company. This is a relatively straight-forward type of business to set up and it shouldn’t be difficult to start getting jobs and earning money, making it a good choice for those with a keen interest in this line of work.

With that said, as with any type of business there are some essential steps you need to take if you want to set up your own removal company. To give you a heads up, here are a few things you need to do in order to give your new business venture the best chances of success.

Set out the services you’ll offer

There are a few different types of removals service so before you get started, you’ll need to decide on which of these you’ll be offering. For instance, if you’re starting off on your own then it might not be the best idea to advertise your services for large house moves as you may struggle to carry out the work all by yourself. Selling yourself as a ‘man and van’ service will give potential customers an idea of the level of service you’re offering and help them make an informed choice when considering whether or not to hire you.

On the contrary, if you’ll be employing other people to work with you then it’s always a good idea to state the type of jobs you’re offering as you don’t want to undersell your services. If you have the capacity to undertake large removals, then be sure to make potential customers aware as this will attract as much business as possible which is vital when you’re just starting out.

Set up social media pages

These days, if you’re not on Facebook, Twitter and Instagram then you’re bound to get left behind by the competition. Removals is certainly no different, and if anything this is one industry that’s especially reliant on social media to source work. Think about it: how many times have you seen people asking for recommendations either on their own page or a buy & sell group on Facebook? If you use it half as much as the average person then the answer is probably countless times. You don’t need to be a social media wizard – just set up a page on the most popular platforms, include pictures, reviews and helpful information and you should start to receive job requests in no time.

Purchase hire and reward insurance

If you’re planning to set up a business where you transport other people or their belongings, then you’ll need to purchase an insurance policy to cover you. This type of policy is called hire and reward insurance and without it you face the prospect of fines and even criminal prosecution if you’re deemed to be breaking the law.

It’s important to know that while hire and reward insurance covers your vehicle, it doesn’t cover the goods being transported. For those, you’ll need a separate policy.

If you’re setting up a removals company then you want things to be above board, and this means having the correct insurance policies to ensure you’re complying with the law.

Quote Goat compare hire and reward insurance quotes from dozens of providers to help direct you towards the ideal policy. This removes the need to submit your details with each provider individually, which saves you time and more importantly could help you save money too. So, for all your hire and reward insurance needs, speak to a member of our team or compare quotes with us today!