Start a Successful Courier Service Business In India

Digital India, this term is no longer a dream. Now the digital era has started in India. Growth of cash payment, growing online business, increasing shopping and growing courier service business is nothing new. Day by day, the demand is rising, and the need for courier service is reaching the same peak. In such a situation, the business or start-up of courier service is becoming a very profitable business. You can start this service with some money and do an excellent profit-making business in a few days. Let's know about this business.

What is the Courier Service Business?

You must have done online shopping through Amazon or Flipkart, or any other similar company at some point in time. When your product reaches you, it is the responsibility of the courier service to deliver that product. In this era of the digital age, you can order a product from anywhere sitting from your home, and the product reaches you, for which you pay some charge to that company, and the courier service charge remains hidden in it. This charge is the service charge of the courier company. Now imagine that these products are delivered in lakhs of rupees every day all over India, due to which the income of these courier companies is also increasing day by day.

How To Start A Courier Business In India?

You can start courier service in India in two ways –

1. Opening Own Courier Company

Your own company makes the mind very happy only after hearing this, this word is the word of millions of dreams, this word is its own company. Investment is required to open a courier company. If your budget is reasonable, then you can open your own courier company. A Courier company involves a lot of employees, computers, machinery, raw material, transportation etc. So you will need investors who can raise enough money for you. Once you increase the funds, you can open and manage your own logistics courier company and run it successfully. For courier purposes, business owners choose Maruti Suzuki Mini Truck because it gives excellent performance.

2. Taking franchisee of Courier Company

You can do courier service business by taking the franchise of a big courier company. Any big company easily offers franchisees if you follow their stated rules. It does not require much money because the franchise is the expansion of the big company, and they also get a commission from there. By associating with a big company, you also get its brand value, and legal formalities are also not required. You will require the following things to get a franchise.

• For franchising, you have first to understand the eligibility and rules of the company that it has asked for to give the franchise.
• You must file the appropriate documents and forms correctly.
• You will have to give complete details of the place where you want to open the franchise.
• You will have to invest a decided amount by the courier company, which the said company will select for the franchisee.
• You will have to show bank details, bank statements, financial stability accounts.
• You will have to tie up with the courier company from which you are taking the franchise.

Important Steps For Courier Service Business

Before opening a courier service business in India, you should keep some things in mind, which are as follows –

1. Office Location

Location is a big factor in courier service, so one should choose it very carefully. For example, if you select a location where there are offices, then it will be good for you. On the other hand, if the office location is near the home residences, that is also good. But best you choose the office where official buildings, business places and domestic colonies are nearby so that your business can grow well.

2. Documents For Registration

• Format your office site location.
• All your documents like – PAN card, Aadhar card, rent agreement, lease agreement, bank details etc
• If there is a company in partnership, then partnership deed
• Full details of your company's process
• Documents of Municipal Corporation and Fire Brigade.
• Employee details of the company.
• Documents related to providing a variety of services such as FFSI license for food processing
• GST registration documents etc.

3. Essential Office Supplies

Some of the following office equipment is required for a courier company –

• Computer
• Printers
• raw material
• heavy lifting machine
• MICR Tickets
• vehicles for transportation

4. Transportation

Your charges should be levied based on the distance of the problem and ease of reaching the goods you will get to the destination. If the parcel has to reach a distant countryside, its charges will be higher, and the service charge will be less in any city or transportation from where it is good. For transportation, there are several brands available in India. But the Tata Truck brand is very famous among all the truck brands due to their reliability and quality work.

5. Cost & Service Charges

Apart from the prescribed amount and cost of the courier service, you should also take complete details of the same. A list should be prepared based on all its expenses, after which you can implement it. For this, it is necessary to consider some essential things, which are as follows –

6. Time And Weight of The Parcel

You also charge more depending on the time taken for the parcel you are delivering and the weight of that parcel. Shifting the parcel when it is heavy, loading it and carrying it safely is a tedious task that also consumes time. In such a situation, where you could deliver 10 parcels, you can only deliver one parcel, so the charge should be more.

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