Getting,Your,Courier,Business, business, insurance Getting Your Courier Business Started
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Gettingstarted in you own courier business is simple, and you will have the advantageof a quick profit since there are no overheads. Nevertheless, there are a fewthings to know before you get started. You will need to know pitfalls to avoidwhen you decide to become your own boss in a courier business. Firstthings first, you need a vehicle. The vehicle you designate for your courierbusiness should be no older than six years, but can really be any size youchoose. However, if you are serious in your ventures as a courier businessowner you may be better off to invest in something a little bigger than ahatchback car, so you will be able to transport bigger loads and charge morefor doing so. Next,you will need to invest in cellular phone service, especially for new courierbusiness owners. Now-a-days, people without mobile phones are somewhat of ararity, so this should not be much of a problem. It is important to keep intouch with your employees when they are one the road. Oneof the most important things you need to know about starting your own courierbusiness is what type of courierinsurance you need to protect your courier vehicles. With all of theoptions that are available, it can get quite confusing. Thereare three main types of courier insurance with which you should becomefamiliar: vehicle insurance, goods in transit insurance,and public liability. Courier insurance is of great importance to anyone new toowning their own courier business. Anyvehicle driven on the roadways must have some form of vehicle insurance. Thisis a requirement of which many people are not aware. When you talk to yourinsurance provider, you will be tempted to tell them that you are going to useyour vehicle for a business; however, you need to specify to them that you planto use it for a courier business. The difference being that you will beresponsible for transporting goods that belong to other people for a profit.This will have an affect on both your initial cover quote as well as any claimsyou make on the policy. Itwill be worth it to pay the extra money for goods in transit insurance.This will cover everything you carry against damage and loss for goods valuedat £10,000 or less. Your usual insurance providermay include this, but if they do not, you should have no problem obtaining suchcover from providers specialising in courier insurance. This isimportant for new owners because you will appear more legit and people will bemore likely to be willing to do business with you. Publicliability may not be as important as vehicle insurance and goods in transitcover, but you should still consider it. This cover will protect you againstissues with your customers in case of accidents. Althoughthis cover is not strictly insurance as such, it is also important to mentionsince you will technically be self-employed. New courier business owners willneed to get their taxes and arrange any credits to which they may be entitled.It may be in your best interest to employ an accountant, which will save youmoney and have an understanding of which expenses you are able to claim.
Getting,Your,Courier,Business,