This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/10/18/entrepreneurial-opportunities-in-delivery-work/
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by Jessica Vella-Bone, Head of Digital Marketing at Courier Exchange and Haulage Exchange (part of Transport Exchange Group)
The much-publicised recruitment crisis that’s threatening the logistics industry has created an ideal scenario for entrepreneurs to fill a widening gap, particularly in the field of delivery work. The rise and rise of consumers’ online shopping habits has seen a huge demand for same and next day delivery services, placing even more strain on an industry that’s finding it harder and harder to attract skilled, reliable workers.
As every good entrepreneur knows, the crux of success is in identifying a need (or a niche) and providing a solution or service. In the case of delivery work, while it’s undoubtedly competitive, it’s also a growth industry – so there’s plenty of space for new start-ups. Even though the global entities might appear to have the market dominated (think TNT, DHL, UPS etc.), this is one of those sectors where an owner driver really can set up in a ‘man and van’ operation and start making profits from day one.
There are also plenty of opportunities to work for larger companies on the management side of things, with skilled fleet managers in high demand.
Starting a Delivery Business.
For those looking to go out on their own, putting strong foundations in place is critical to long-term success. This means doing some homework first, not only in the form of market research, but even more importantly, by creating a business plan. Even if you’re self-funded (and not looking for finance) it’s hugely important to be able to answer the questions of: who you are, what you offer, where you want the business to go, what your expenses are, and what you forecast your profits will be. Even if things change along the… Read More
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