Packers and movers business

The packers and movers business is booming in the country. Consumers demand this mainly for local and inter state shifting needs. You will be surprised to know that thousands of people take the help of relocational services during their jobs. They are discovered by reliable and low-cost packers and movers who can help them with packing and shifting.

This is the reason why there is good potential in the business of packers and movers in your country. If a person wants to start his business with initial investment, then Packers & Movers business can bring good returns for him.

Packers and Movers Scope in India

Demand for packers and movers services in India has increased tremendously keeping in mind the demand of people to change the flat or the city at the earliest. Since it is a service based business, there is no need to invest too much in it. If you can take care of your customers properly then there can be a great profit in the Packers and Movers business in India. Business is good, opportunity is large and it does not require technical skills. Margins in business are also good.

Packers and Movers is part of the logistics and transportation industry in our country. Its job is basically to pack household goods and office items to another city or elsewhere. Many times, there is work to deliver goods to other countries as well, but for this you should have access to packers and movers of other countries as well. Sometimes packers and movers also work to shift commercial and industrial goods for companies and corporates.

Who can do business of packers and movers

Being a service based industry, there is no barrier to start the business of packers and movers. Anyone with experience of marketing and sound network in this industry can start the business of packers and movers. It requires less investment in the beginning, it is in demand by the consumer and the returns are also very good.

But it is definitely that competition is very high in this area because it is easy to start this business. According to a research, inquiries related to packers and movers increased by about 45 percent. This shows how much demand is there for packers and movers in India.

Packers And Movers Services

Packers and movers service providers broadly provide end to end packing and moving service, including packing, loading, transportation, insurance, unloading, unpacking and reranging of household goods.

Their work is also for inter state office relocation. Also, keep the goods in store for some time. Car transportation, industrial goods packing and transportation are also covered under the work of packers and movers.

Planning and investment

Packers and movers business in India does not require much cost to start. Apart from basic business setup, you do not have to spend a lot of money. Despite this you will have to see the financial side because you need money for some things.

Place for business

You should have a small office, not necessarily in a commercial setup. If you want to take office on rent then you must have money to pay rent. The rent of an office can start from Rs 3,000 and go up to Rs 10,000. It is up to you where and how much rent you are taking in the office.

Office supplies

You need some basic things for your office, like work desk, chairs, office stationery, bill book, quotation book, visiting card, voucher etc. The total cost of all this varies from about 10,000 to 20,000.

Equipment and staff

Business service of packers and movers is based, in spite of this you will need packing material, packing tape etc. Explore the market before purchasing all these and only then buy things. Also, you have to hire some employees for your company, to give their salary etc. you need basic investment.

It is your job to train employees. How to talk to the customer, how to assure them, training of all is necessary. If the employees of your company will talk respectfully and be friendly, then you will not have any problem in getting work.

Marketing is essential for packers and movers business

You should make a website for marketing your company, whose address you can give on your visiting card. Before that you have to choose a logo designer, who can design your company logo and flyer etc. A graphic designer will cater to your need, who can charge at least Rs 5,000 for this work.

Packing material, phone number, referencing of work done by you can be given on the website. In this way you will also have advertising. If desired, you can distribute printed flyers about your company and features with local newspapers. Through this, people around you will know that you work as packers and movers.

Also design a T-shirt with your company’s logo for your employees. It does not cost much money. You will have to spend 5,000–7,000 rupees to get lead generation from various websites.

Packers & Movers Business Registration

Every business needs some legal registration and it also requires money. You have to get your office and establishment license. Also PAN card. You need money for all this and about 5,000 rupees will be spent easily. That too when you are not setup as a private limited company.

Company building

If you want, you can register your company as a partnership, proprietorship, limited liability company or private limited company. For information related to this, you can visit the Ministry of Corporate Affairs Government of India website.

Registration of general partnership and proprietorship firm can be done easily. But if you want to register the company in another way, then you need Directors Identification Number and Digital Signature Certificate, along with filling all the KYC forms.

Register and understand your company and also find the domain name for the company correctly. The short name is always good, it does not hurt to remember it.

Shop and Establishment License

To carry out any business, it is mandatory to get a Shop and Establishment license from the municipality of that region of India. Before applying for a bank account, you have to get a trade license from the municipality’s office. This process is easy and is completed within a few weeks.

You have to fill a form and submit it along with the KYC documents at the municipality’s office. They will survey your place, fix tax and then issue license. Some municipalities also accept applications online, so you will need to check this on the website of the municipality.

Pan Card
Once the Packers and Movers Service Firm is registered, you can apply for a PAN card. This is important, no matter what your company is. You need a PAN card to file income tax.

Current account
Your company should have a current account as some customers would like to give you money through check and no one will issue a check in your name. They will pay in the name of your company and for this you will have to open a current account. It is not a big deal to open a current account for your business, you can open a current account by talking in any government or private bank.

Goods and Service Tax

GST registration is necessary to start a Packers and Movers company. GSTIN can be obtained from the Goods and Services Tax website.

Bank loan
If you do not have money to buy goods for your company, then you can take a loan from a government or private bank. For this, you have to fill some forms with complete details of your company.

Under the Mudra Loan application you will get business plan, PAN card or Aadhaar card like ID proof, electricity bill or domicile like residency proof, new photo, quotation of equipment to be purchased for business, from where to buy these equipment, supplier Documents related to the proof of business such as name, tax registration number or license, if it is from a reserved list, then its documents like proof Is required.

Profit (profit)
Packers and Movers business is a profitable deal these days. Here so many people move from one city to another every day that on average, your company profit is about 30 – 50 percent of the total cost in a packing and moving work.

That is, if you get ten bookings in a month and on an average, the total cost of ten bookings is taking one lakh rupees, then you will definitely have 40,000.