Do you want to start and run a business in India? Are you interested in setting up a packers and movers packing business? Go for it without giving it a second thought. The packers and movers services industry is rapidly growing in India owing to its high demand for local and interstate relocation. Moreover, the business idea requires minimal investment, assured profits, and good margins.
Packers and Movers Business in India
Packers and movers services are a part of India’s logistics and transportation industry. These companies help their clients move their goods from one place to another. Here are some important you need to know:
- As the name suggests, packers and movers pack and move things from their old location to the new.
- People use these services when they need to relocate. So, it is not something they need every day. However, the service is in high demand in India because many people move to new houses or offices.
- Anyone can set up a packers and movers packing company in India with some connections and experience. The business does not cost much and has a good profit margin.
Types of Services Offered by Packers and Movers
The best packers and movers in India offer a wide array of services catering to individuals, families, and corporations. They use different types of packing materials to dismantle, pack, and unpack the goods, including bubble wraps, wrapping paper, boxes, sheets, adhesive tapes, plastic, etc. Here are some packers and movers services offered:
- Home Shifting
- Door-to-door relocation
- Bike and car transportation
- Industrial goods transportation
- Corporate Shifting
- Warehousing and storage services
- Interstate or international relocation
- Goods delivery
- Local Shifting
- Consignment tracking
- Truck rentals for clients who pack their own goods
Also Read: How to Start a Business from Scratch in Simple Steps Who Needs the Packers and Movers Services?
Individuals, families, businesses, and corporate houses require packers and movers services when moving their location from one place to another. Although families may pack their items when relocating to a new home, big firms often require these services to handle everything from the beginning to the end.
People living in rented apartments also use these services when shifting houses within the city or to any other city or state. So, almost any type of customer can hire packers and movers' packing services, ranging from individuals and families to small businesses and big corporate houses.
Considering the different types of packers and movers services in India, you must efficiently deal with them according to their needs and expectations. Satisfying your customers' requirements will help you succeed in the business and retain it for a long time.
What Customers Expect from Packers and Movers?
When running a packers and movers packing service in India, you must be smart enough to deal with different types of customers and satisfy their expectations. Here are a few things customers expect from your business:
- Goods’ Safety: When moving goods to a new location, owners are most concerned about the safety and security of their belongings. That is the main reason they hire packers and movers services. When handling people’s goods, you must use all measures to transport them in a good and safe condition.
- Timely Delivery: When hiring packers and movers, customers expect prompt delivery of goods within the committed timeline. People shifting to a new location need their belongings on time. So, timely delivery of goods is extremely important for all residential, industrial, and commercial relocations.
- Quality Service: Clients expect good quality service from the packers and movers they hire. Trained staff, high-quality packaging materials, and experienced drivers help deliver quality services with perfection.
Also Read: Best Profitable Tech Business Ideas Steps to Start a Packers and Movers Business in India
If you are passionate about setting up a packers and movers business in India, follow these steps to get started:
Step 1: Select Your City
The city you choose is extremely important when starting a business. Metropolitan cities like Delhi, Mumbai, Ahmedabad, Bangalore, etc., are already full of packers and movers businesses. So, you will have to face a lot of competition when working here. Moreover, consider the office rent, cost of living, staffing, and population when choosing a city for service.
Step 2: Choose Service Area
The service area is the area where you wish to provide your services. For instance, when you choose Delhi as your service area, you will help people relocating to and from the city. Therefore, understanding the area's routes, costs, feasibility, language, etc., is important for making better decisions.
Step 3: Name for Your Business
Choosing a name for your business is important, as it tremendously impacts your clientele and accessibility. Choose a unique name and ensure it stands out.
Step 4: Investment for Packers and Movers Business
Consider your expenses to set up a packers and movers or packing business. Since it is a service-oriented business, it does not require substantial investment. However, you must create a budget considering office rent, furniture expenses, registration costs, tools and equipment, etc. Don't forget miscellaneous expenses like marketing, internet, telephone, computer, workforce, packaging material, vehicles, etc.
If you are short on funds, consider applying for an instant Personal Loan for set-up or a Business Loan from Hero FinCorp for expansion. However, check the eligibility and interest rate of the Personal Loan and Business Loan before applying.
Step 5: Register Your Business
Consider these registrations when starting a packers and movers business:
- Establish it as a partnership, private limited company, or limited liability company according to the business structure.
- Obtain a shop and establishment license granted by your respective municipality.
- Get a PAN card for easy income tax filing.
- Obtain a GSTIN from the Goods and Service Tax website.
- Although trademark registration is not mandatory, it is an excellent way to protect your brand.
- Do the branding with your company logo, custom-made T-shirts for staff, etc.
Step 6: Set up Your Website and Advertise
Book a domain and create a website to help customers find your services. Create accounts on various digital marketing platforms, such as YouTube, Instagram, Facebook, and LinkedIn.
How Much Capital Need to Start a Packers >How Much Capital Need to Start a Packers & Movers Business?amp; Movers Business?
To start a Packers and Movers business in India, you will need to invest in several areas, including office space, office furniture, registration costs, tools for packing and moving, and miscellaneous expenses.
- Office Space: Rs. 2,000 to Rs. 12,000 per month for rent.
- Office Furniture: Rs. 26,000 to Rs. 40,000 for basic setup.
- Registration Cost: Rs. 2,000 to Rs. 5,000 for GST certificate, PAN card, establishment license, and other documents.
- Tools for Packing and Moving: Rs. 26,000 to Rs. 40,000 for packing materials and equipment.
- Miscellaneous Expenses: Rs. 2,000 to Rs. 5,000 for broadband connection, telephone connection, and other miscellaneous expenses.
These costs are estimated to be around Rs. 66,000 to Rs. 102,000. However, the actual costs may vary based on the specific location, size of operations, and other factors.
How Can a Business Loan Help You to Expand a Packers >How Can a Business Loan Help You to Expand a Packers & Movers Business in India?amp; Movers Business in India?
A Business Loan from Hero FinCorp can help you establish a packers and movers business without financial constraints. Here is how it helps:
- Online loan procedure
- Loan amount of up to Rs 40 Lakh
- Competitive interest rates, starting at 14% per annum
- Flexible repayment terms of up to 60 months
- No collateral requirement
- No usage restrictions
- Quick loan processing
Also Read: 10 Best Easy Business Ideas to Start in India How to Apply for a Business Loan to Expand the Packers >How to Apply for a Business Loan to Expand the Packers & Movers Business?amp; Movers Business?
Here is a stepwise guide to applying for a Business Loan online from Hero FinCorp:
- Visit the Hero FinCorp website.
- Go to the Business Loan page and click ‘Apply Now’.
- Fill out an online application form.
- Scan and upload the required documents.
- Enter your desired loan amount and a suitable repayment tenure with budget-friendly EMIs.
- After proper evaluation, you will receive a loan offer by email.
- Review and accept the loan offer to get disbursal directly into your bank account.
Also Read: 15 Business Opportunities In India Conclusion
This guide to starting a packers and movers business in India can help kickstart your business efficiently and confidently. Follow the steps mentioned here to become the best packers and movers in India. You can finance your set-up expenses with an instant Personal Loan online. For expansion, obtain a Business Loan from Hero FinCorp to fund the required costs. At Hero FinCorp, you can obtain a Business Loan of up to Rs 40 Lakh at competitive interest rates and flexible repayment tenures to ensure everything goes seamlessly.
Frequently Asked Questions
1. How do I choose a reliable Packers and Movers company?
To choose a reliable packers and movers company, check its reputation, experience, material quality, timely delivery, and other aspects.
2. Can Packers and Movers assist with packing and unpacking?
Yes, packing and unpacking are the most common packers and movers services these companies offer.
3. What should I do if there are delays or damages during the moving process?
Since hiring packers and movers requires a legal agreement, any delays or damages during the moving process can result in legal actions and complications.
4. Can Packers and Movers assist with interstate moves?
It depends on the business’s registration and service area. Many reputable packers and movers assist with interstate moves.
Disclaimer: The information provided in this blog post is intended for informational purposes only. The content is based on research and opinions available at the time of writing. While we strive to ensure accuracy, we do not claim to be exhaustive or definitive. Readers are advised to independently verify any details mentioned here, such as specifications, features, and availability, before making any decisions. Hero FinCorp does not take responsibility for any discrepancies, inaccuracies, or changes that may occur after the publication of this blog. The choice to rely on the information presented herein is at the reader’s discretion, and we recommend consulting official sources and experts for the most up-to-date and accurate information about the featured products.
