Starting your own business is not as hard as it sounds, especially when you are creating a service oriented business instead of a product based business. Starting an errand service business can be quick and easy. With a little start up capital and some effective advertising, you will be successful in no time. Here's how to start an errand running business.
- First you must choose a catchy name for your business. Something that sounds professional, yet friendly. Remember not to pick too long of a name because people remember small catchy phrases. (Think eBay.) Once you have decided on a name for your company, check with the local authorities if you need any special licenses or permits to offer your service. You will need to check with the sales tax authority to see if you must charge taxes on your service and also apply for an FEIN number if you want to hire employees.
- Your next step will be to make sure you have reliable transportation. Tune up your vehicle. Have tires and brakes inspected. Make sure all your lights and signals work. Call you car insurance carrier and see if you need extra coverage to perform this job. If you do need extra coverage, purchase it immediately so you can proceed with your business.
- Once these two items are established you may wish to consider becoming bonded. A surety bond is an insurance policy issued by a third party that states you will perform your duties as described. It is an insurance policy for your customers against your performance. Should you fail to comply in anyway with your agreement, they have legal recourse to get their money back. This is a simple and fairly inexpensive process to go through. Bonding is rather quick and the company should issue a bond certificate in a matter of days. Having a bonding certificate will also add additional credibility to your business.
- Once you have done all these things, create a cost for service menu. Compile a list of errands you will perform for a customer and the amount it will cost them. This menu of services will not only establish an exact price for services performed, it will help you fine tune your business. Services not being used can, in the future, be removed and service requests not on the list can be added.
Once you have done all this you will need to get the word out. Run ads in the local coupon book, distribute flyers and hand out as many business cards as you can. Target retirement communities and high end neighborhoods to distribute advertising; both of these demographics are apt to use an errand service.