If you have ever been involved in a major move, you may have heard of the term “moving company”. This business also goes by other names, including van line, household goods carrier, and relocation service. Moving companies provide labor to move your inventory. However, before you hire a moving company, it’s important to determine your needs and the size of your move. Here are some tips to make the process easier. Read on to learn more.
Check local licensing requirements. Some jurisdictions require specific licenses for long-distance moving services. Make sure you obtain all necessary licenses and permits before working with customers. Be sure to also establish federal tax status, which involves obtaining an employer identification number (EIN) from the IRS. This number uniquely identifies your business and allows you to establish business-related accounts and file taxes. Make sure to know the name and address of your competitors, if any.
Be sure to check valuation coverage. Valuation coverage is insurance-like coverage for your possessions. The federal government requires a minimum amount of coverage for each shipment, but some companies charge much more. Check out the value of your possessions to find out whether you can get a better deal. A moving company that offers this coverage will likely be able to handle the shipment for less money. You might consider packing your own items. However, you should always be sure to ask about their policies and procedures.
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