2006-12-20 14:25:00 · 4 answers · asked by Money 1 in Business & Finance ➔ Small Business
My father used to have a tow-truck business.
You'll need permits, and you'll want to check the local laws about such things. You will also need at least one partner who can field phone calls and keep records. And you will need a truck. Which can be expensive, especially if you get a good one.
Advertise. Make sure the police, AAA, and other auto clubs know about you. Place an ad in the phone book, and the local paper. And be prepared to get awakened a lot at night: Emergencies don't sleep, after all.
Good luck!
2006-12-20 14:38:09 · answer #1 · answered by Tigger 7 · 0⤊ 0⤋
Well, you need a Tow Truck. Thats a F-350 Diesel at least. So thats $40,000 right there. Then another $10,000 in mods. After that, its all about working to get those sales in the door. I'd recommend contracting with apartments to enforce parking rules and/or businesses that have limited parking.
2016-05-23 03:16:43 · answer #2 · answered by ? 4 · 0⤊ 0⤋
the first answer is somewhat misleading.
you want to get your name on the approved list for all the local police jurisdictikons, but each agency has their own set of hoop[s to jump thru.
call your community liason officer, and ask her/him what it takes to get approved.
after you get done filling your pants with frusatration, er other stuff, then decide if it is worth your while.
don't forget you will have to have a secured yard where you can take some of the towed vehicles.
going thru sba seems illogical. they are funding sources.
try SCORE. ALL VOLUNTEERS, and their info is free. these are retired executives.
depending on where you are, i suspect aaa is harder to get approval from than the police, but probably more lucrative.
good luck,
2006-12-20 16:13:36 · answer #3 · answered by elmo o 4 · 0⤊ 0⤋
I'd start out with www.sba.gov, and then follow Tigger's advice, but also contact the Chamber of Commerce in your area. Good luck!!
2006-12-20 14:52:05 · answer #4 · answered by Chris 4 · 0⤊ 0⤋