11 Most Profitable School Bus Transportation
School Bus Transportation: Thanks to new technologies to make auto transporting more energy-efficient, it’s becoming ever more popular as an eco-friendly way of moving cars.
Starting a School Bus Transportation business can be a rewarding endeavor.
But you might have questions like how to get started and how much it will cost.
That’s where we come in. Our how-to guide has all the info you need to start your own School Bus Transportation business.
School Bus Transportation
1. Investigate the competition in your area.
If a competitor already covers a large part of the market, consider specializing in one specific niche such as vintage car transport.
2. Obtain your commercial driver’s license from the appropriate department in your state.
3. Get a business plan
Draw up a business plan that includes your start-up costs, projected revenue, market, business strategy, and marketing plan.
School Bus Transportation
4. Get the capital
Raise investment capital by presenting your business plan to private investors or your bank.
5. Get your motor carrier number and transportation license.
In most countries, these are issued by the Department of Transportation.
School Bus Transportation
6. Buy cargo and liability insurance.
When starting an auto transporting business, you’re required to carry insurance on each cargo, though the amount will vary depending on your location.
7. Choose a location for your auto transporting business.
You’ll need good access to major routes as well as sufficient room to load and unload the car haulers. Check with your city to make sure you comply with local zoning laws.
8. Make some agreements
Have a lawyer draw up auto transporting agreements, and employee contracts if you are planning to employ staff.
9. Purchase the necessary equipment.
- For a regular auto transporting business, purchase at least one open car hauler.
- For a specialized auto transporting business, purchase at least one enclosed car hauler, a winch, hydraulic liftgate, and high-strength tie-down straps.
School Bus Transportation
10. Invest in transportation tracking software
11. Things You’ll Need
Commercial driver’s license
Business plan
Capital
Motor carrier number
Transportation license
Location
Car hauler
Winch
Hydraulic liftgate
High-strength tie-down straps
Transportation tracking software