If you have been longing to start a business of your own and enjoy driving and logistics, a step-deck trucking company may be the right fit. Before starting your own company, however, there are many factors to consider, like hiring employees and securing financing. At Apex Capital, we make trucking invoice factoring easy, helping you get the reliable cash flow you can use to grow your new business.
How to Start a Step-Deck Trucking Company
You’ll need to complete a few critical tasks before your new business is ready to start hauling:
Write a Business Plan
Writing a business plan helps keep you focused on building your step-deck trucking company according to your blueprint. Having a business plan is especially helpful as you work on establishing your company, as you may not have time to refocus on your goals.
Register Your Business
After creating a business plan, you will register your step-deck trucking business with local and state governments. Before submitting your final paperwork, you will want to look at the types of business entities available. Each business entity offers different taxation methods, personal liability protections, and ownership structures, which can provide varying benefits depending on your company’s needs.
Obtain a Business License, Permit, and Insurance
To ensure your new step-deck trucking business operates legally, you will want to obtain a business license, permit, and insurance. Most states require trucking companies to obtain a business license if they have a primary location within the state. You will also need to purchase insurance for yourself, your employees, and your trucks.
Choose the Right Truck
Your truck is your largest and most significant investment. As you look for a step-deck truck for your business, consider factors such as price, comfort level, and hauling distance.
Lastly, you will need to secure financing for your step-deck trucking company. Factoring companies, such as Apex allow you to keep a steady cash flow through freight factoring so you can start your business on the right foot. We also offer credit line options with our fuel cards for greater savings.