Starting a moving company is among the businesses that are easy to set up and run. The returns are also high considering it is still an untapped market. But, just like any other business, starting is the biggest challenge, especially regarding financial matters. In this article, we want to shed more light on the crucial issues that you should clearly define in your financial plan for a moving company. Ideally, a moving company should have an in-house logistics plan, but where do you get the capital to invest in trucks and other specialized vehicles? Our advice for small moving companies is to consider leasing. The advantages of vehicle leasing is…

Nothing is more disheartening for the business owner than to have a business that fails. There can be many different reasons for this. Rather than just walk away from a failing business, steps should be taken to identify what may be the causes. In many cases, this can be turned around. One of the most important things for a business to do is develop a business strategy. If business failure seems to be on the horizon then the first thing that should be looked at is the business strategy. Carefully scrutinizing the strategies may help to quickly identify what is causing the business to fail. It could be a number…