Courier Service Business
Friends, the utility of Courier has increased a lot in today’s time, due to which the demand for Courier Service has also increased considerably. In such a situation, starting the business of Courier Service can be quite beneficial. Although the investment in this business has to be increased in the initial stages, but considering the increasing utility of the Courier at present, this business can prove to be a very good option.
● Courier Service Business and its scope in India
Under the courier service, the company works to secure the necessary documents and other goods of its customers to their designated address, in return for which they receive money. Now we know what is the scope of this business in India. If we talk about the scope of courier service business in India, the demand for courier service has increased in today’s time.
With the expansion of online shopping, its area has increased even more. Also, in view of its increasing demand, this figure is being projected that this area will increase even further in the future. Looking at the utility of courier service, it can be said that this industry can prove to be a good business opportunity for small and big traders.
● How to start a courier service business
Individuals who wish to start their business in the field of Courier Service have two options for starting a business in the area. The first is to start his own company, the second is to start a business by taking a franchise of a big company. How can we start this business in both ways, we are going to tell you further-
Starting own courier service company
If you are financially strong, and you are able to invest well in the initial stages, then you can start your own courier company. You can also start this company with the help of fund or loan. To start a courier service company, you can initially tie up some online shopping sites for delivery of their product.
Franchise of Courier Company-
If you want to start your business as a courier service and your budget is low, due to which you cannot start your own company, then you can start your business by taking franchise of a big courier company. Huh. Starting a business with a franchise requires a lower cost than opening a company.
Some of the well-known Courier Service companies in India are-
● Indian Postal Department
● DHL India Pvt. Ltd.
● Blue Dart Express Ltd.
● First Flight Courier Ltd.
● DTDC Courier and Cargo Ltd.
● TNT Express
● Fedex India
● Gati Ltd.
● Trackon Couriers Pvt Ltd.
● Overnight Couriers Pvt Ltd.
This business can be started by taking franchise of any of the above mentioned companies.
● The right place for a courier service business
To start a courier service business, first of all you have to determine where you want to start your business. A room of about 15 × 15 square feet is required to open a courier service office.
If you have so much space available then it is excellent, otherwise you can open an office by taking room on rent also. In a good market, the rent of this place can be up to 5,000 thousand rupees per month. Once the place is arranged, you can now apply to get a franchise. Apart from this, you need an Internet connected computer and telephone to start this business.
To apply for a franchise from any good courier company, you must have the following documents-
● place to open office
● A legally established entity with tax registration and other licenses.
● Security deposit which can be transferred on the basis of courier company (this amount may vary for different courier companies).
● Copy of bank statement and passbook (for financial identity card)
● Letter of acceptance from the head office of the franchisee courier company.
● Agreement paper between the company and the franchisee.
After getting the franchise, you can start your business now. To start a business, you also need a worker who can work as a delivery boy. The delivery boy’s job is to deliver any document or item to the correct address.
In the initial stages you can start this task with the help of a delivery boy. Later, more people can be hired for this task as per requirement. You can hire the delivery boy as per your convenience on a salary or commission basis.
● Cost of starting a courier service-
This is a business that can also be started at a low cost. Initially it costs ₹ 50,000 to 1.5 lakh rupees to take the franchise of the company. The cost of starting this business also depends on which company you are taking the franchise from. Because the charge of different company varies.
● How to expand this business-
In today’s Internet era, when online shopping is expanding very fast, it has become very easy to expand this business. To grow your business, you can tie up with big online shopping sites and take responsibility for the delivery of their goods. The trend of online shopping has increased in big cities as well as in small towns. In such a situation, you can run your business smoothly anywhere.
● Income from the Courier Service business
In the initial period, monthly income of up to 10-60 thousand can be done from this business. Later, according to the work, it becomes profitable.
What are some special things related to the courier service business?
The most important thing related to the courier service business is that it does not require any special degree or qualification to start this business, even a less educated man can start this business.
● There is no need to spend a lot of money to start a business, you can start this business even at low cost.
● There is not much space required to start this business, you can start this business even in a small room.
● You can also start this as a part time business.
● It does not require much man power to start this business. In the initial stages, you can run this business well alone. As work progresses you can add one or two people to your team.
So friends, in this post we told you how you can start your business as a courier service provider, and how this business can be beneficial for you. Also, we also made you aware of what is the scope of this business in India. Hope you like this post.