Moving out of state truck rentals driver#

Whether your truck driver is a new hire or an existing member of your staff, not only will they need to be in possession of the appropriate operating codes, but be trained as an extension of your company. Adequate trainingĪn equally important practice will revolve around the human factor. Knowing the narrowest and widest range you can operate in without losing money will help your projections stay ahead of the curve. In the long term, range adjustments will be dictated not only by fuel and maintenance costs, but shifting regulations. Fitting your truck with an adequate tracker system allows you to monitor your average service distance, which will help you make more informed decisions around your range of operations. When it comes to best practices for your rental service, it’s only right to start with the goldmine of the internet age – data. Best practices for your rental truck service Tracker system For the initial cost of outfitting your truck with the appropriate branding (chiefly the logo, company name, a snappy description and contact information) your service markets itself whenever the truck is in use. Rental trucks are also brand-ready assets. If one advertisement can tell your client about your storage facility and your rental trucks, you’re paying once to showcase two services. With a rental service, you have a secondary need that you can take advantage of in your marketing.īuilding a single hub for all your customer’s needs creates a client-to-business ecosystem that increases your reach and returns on investment. While this may be your primary goal, efficiency and supplementary income should be at the heart of this expansion effort. If your business doesn’t provide a truck rental service, a client can only find you for storage purposes. The opportunity cost of relying on third-party services means you not only lose a potential revenue stream but a marketing avenue as well. Offering a rental service isn’t just about making your client’s life easier. The benefits of providing rental moving trucks Don’t neglect the administrative side of operations. Your business model will also need a system to track costs, rentals, revenue and mileage. Any one of these factors could be a hindrance to your truck’s ability to produce revenue, so make sure you meet all your municipal and state guidelines for operation. Health and safety certifications, as well as permits for crossing municipal lines, are important considerations. The viability of a rental truck service will also depend on local factors, such as regional housing market trends and - in the current global pandemic - state regulations. The logistics behind providing a rental truck service 1. We always suggest our clients to conduct feasibility studies to get an accurate estimate of business health and revenue opportunities.

As a result, demand should be assessed to ensure that this is an asset that can pay for itself.

On the risk assessment side, a rental truck comes with its own overheads: capital investment, fuel, insurance, tracking services, maintenance, branding, a driver and administration. Offering a valet rental service as part of your self storage package allows you to meet a key customer need and control the transition process. Most clients without the means to do this themselves hire out third-party rental services to move their things for them. When making this assessment, however, don’t just look at the capital available to invest in a truck - evaluate demand.īy definition, a self storage business needs the means to transport a client’s goods from a location to the storage facility and vice versa. If you are a self storage business owner, the most important question to ask yourself is if your business has the capacity to offer this service. Major Considerations Behind Offering Moving Truck Rentals Should your self storage business offer moving truck rentals? Offering moving truck rentals as part of your self storage business could be just the service to take your business to the next level. Whether it’s to keep up with increasing demand or create a new revenue stream, every business should have scalable assets as part of its model. Even in prudent times, growth is key to any company.

Moving out of state truck rentals