Despised when they eradicate an incorrectly parked car and appreciated when they perform roadside support at 3 a.m. on a snowy morning, tow -truck drivers work in an industry where customer satisfaction swings faster than a device needle connected to an electromagnet. Being aware of what you need to begin your own commercial towing needs an important outlay of capital but provides solid long-term accounts on your investment.
Build your business by listing the relevant paperwork with the state. Think of structuring your business as a restricted responsibility company or corporation, since these legitimate structures give a greater degree of security of the business owner’s assets than a single proprietorship discretion.
Check with state controls whether the wrecker company needs particular state licensure, and check with county and municipal officials whether you need any specific permits. Some jurisdictions need a zoning permit to start a secured lot for seized cars, for instance.
Establish a Fleet
A tow-truck company requires… a tow truck. Many types of wreckers are on the market today, even those rear-hook and flatbed types. Several towing companies prefer flatbeds since they can support even seriously flawed vehicles, whereas hooked wreckers must have the towed car’s rear axle unharmed, with tires that hold air.
As towing companies develop, they may acquire extra trucks. At that point, the business must also invest in a central dispatch office. A single-truck company can accommodate calls on the driver’s mobile phone, but a multi-truck company is simpler to handle with a dispatcher.
Several towing companies hold vehicles; in some cases, they are seized because a property owners demands an illegally stored car eradicated, and seldom they are impounded since the owner cannot pay to have the vehicle transported from an accident scene. In any case, wrecker businesses must have a ensured parking lot that can store cars for days or weeks at a time.
Great towing companies live or die depending on their access to the local market. Make connection with local police jurisdictions to get your business on their roster of accident responders. Communicate with local repair facilities and prepare for mutual-referral agreements.