The decision to start your own trucking company requires a lot of time and energy. Whether you have experience working as a driver or you want to become an owner-operator, there are several factors to take into consideration. If you’re wondering where to begin, we have gathered a few guidelines that can help you work towards your goals.
As a trucking authority, here are a few tips that can help ensure success for your new business:
- Create a business plan.
A business plan is a roadmap to your success and can guide business decisions from the get-go. Having a plan in place helps you stay organized, identify your goals, and address potential issues before they worsen.
- Establish your company legally.
Most trucking companies operate as limited liability companies or properly structured corporations. This establishes boundaries between your business liabilities and personal assets. This also offers several taxes, business, and legal advantages for your business.
- Acquire the necessary licenses and permits.
To operate as a trucking company, you must acquire several licenses and permits. This includes a commercial driver’s license and other necessary endorsements. You may also need to obtain more than one MC number, as well as license plates in Crestwood, Illinois.
Additionally, you must acquire your IRP credentials beforehand. This is necessary if you plan on offering services in or across multiple states.
Plates and Permits Trucking Services is a full-service firm that offers comprehensive trucking service in Indiana. We can help you acquire your license plates in Illinois and Indiana and offer our authority services across the country. Reach out to us to schedule an appointment or request a quote for our services.