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Starting a Courier Business
- Use traditional advertising and digital media.
- Generate customer demand.
Choosing the Right Legal Structure
- An LLC is the best legal structure for new businesses – it’s fast and simple to form.
Understanding Profitability in the Courier Business
- The average annual turnover for a US courier business is approximately $364,550.
- Couriers average $36 an hour.
- With hard work, a courier business can be profitable.
Factors Affecting Profitability
- Location, business model, routes, costs, and customer service.
Business Startup Information
- Startup costs range from under $2,000 to $25,000.
- Costs include vehicles, equipment, licenses, permits, insurance.
Is Starting a Courier Business Worth It?
- Yes, you can expect to earn up to 45% more than an employed driver.
Types of Courier Businesses
- Local, bike/motorcycle, corporate, same-day, freight, medical, food.
Conclusion
- Now is an ideal time to start a courier business. This guide provides information to help you get started and succeed.