How to Start a Trucking Company in Canada
Step:1
Make a plan
You cannot start any
business
without a plan, you must have a plan for your trucking business.
1) Define your niche
3) Decide the ownership
2) Make a business plan
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Step:2
Business name
Once you have your trucking business plan in place, it is important to think of your
business name
.
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Step:3
Register business
Now that you have named your business, it is time to register the business. You must register your business name with the
Canadian
government.
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Step:4
Apply for Permit & License
1) motor carrier safety fitness certificate regulations
2) International Fuel Tax Agreement (IFTA)
3) Carrier insurance
4) Canadian ELD and Hours of Service rules
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How much cash do you need to start a trucking company?
If you want to start a trucking business in Canada then you can start by investing
$50,000.
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How much do truck owners make per month?
According to a report, the owner of a truck company in Canada earns on an average $125,875 per year i.e. earns about
$10,489 per month
.
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Experience needed to start a trucking company?
If you already have
2 years
of experience as a truck driver and owner operator then you can start a trucking company easily.
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