Preparing for a Trucking Business in the Philippines

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Mobility in is important to businesses. As you will be able to transport your products to other places, you also get the chance of higher sales and more harmonious relationship with your customers. It gives businesses wider and greater opportunities in the industry.

A trucking company is responsible for shipping goods from one place to another. It is the main “vehicle” that drives business-to-client transactions as well as business-to-business distributions. Like a chain, a trucking business serves to connect business processes anywhere in the Philippines.

As trucking is important for every business in the Philippines, how would you be able to start one on your own?

Make a plan

Putting up a trucking business means you will be working with other businesses. You will be exposed to your clients’ operations so it’s a must that you specifically have a plan on how are you going to make your business smooth flowing. Formulate a plan on how you would like to achieve your goals both short and long terms. In addition, decide on what kind of businesses you would like to partner with.

Planning also involves setting your capital investment, equipment, number of employees, location of your office, and of course, the initial marketing strategy. And don’t forget to line up your plan according to the license and permit you have applied for.

Get the right equipment

Start-up capital for a trucking business in the Philippines seems pricey at first but the return of investment will help you realize it isn’t. However, it all depends on your management strategies. As you will need a vehicle in order for this kind of business to run, you still have choices—purchase a vehicle or contact a subcontractor. In purchasing a vehicle, you can have it brand new or used. See this guide to help you in buying a vehicle for your business.

Give yourself enough time thinking about your purchase because the vehicle is an indelible part of the growth and success of your business. On the other hand, if you have decided on working with a subcontractor, allow yourself to have a list of qualifications. Find a subcontractor who shares the same quality standard as you. Look for an experienced and accountable one. Also, do a little research on your chosen subcontractor’s reputation; don’t let your business be mishandled.

Set-up a management strategy

Good management strategies do business a lot of good. Since a trucking business has significant difference in any other business, hire a management team who are experienced in the transport industry. Do study about how logistics works for the different industries. With this, you would be able to face trucking business’ complexities with ease. In addition, invest on an accounting system. It will help you track down assets and liabilities accurately.

Be prepared

In a country like the Philippines where storms regularly visit and traffic and accidents are common, you should be prepared. As timeliness is an important factor in the success of a trucking business, make sure that you are able to cross through storms or long traffic with the goods all safe and sound. Prepare everything you need like extra tire, tools for fixing, routes, documents for shipping and your driver’s license.

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The Advantages and Disadvantages of Truck Driving

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Here in the Philippines, truck driving has been a common source of employment for Filipinos that have not completed college. Usually, Filipinos who ends up to be truck drivers are the ones who have been not successful on their academic years. It is an odd job for someone who have completed college but ended up driving the humongous vehicles. Like my auntie said, this is in contrary of what they are gaining in the US which prompted me to search for their pros and cons.

Pros of Truck Driving:

Salary

In the U.S. almost 70% of the goods are delivered all over the country via trucks. With these, many companies are on a look out to find truck drivers who are skilled and willing to work for them for long hour drives. To give them a work’s worth, companies compensate them well. In comparison with other jobs, truck drivers are earning more than those who worked on offices and finished college courses in the US.

Benefits

If you would be riding a bus from Manila going to Ilocos Norte, Philippines it usually takes 10 hours travel. For the whole duration of the travel, my butt feels numb while feeling very sleepy at times. Image if you are the one who is driving that bus. How would you feel? I think that this is comparable to what drivers of trucking businesses in the Philippines are experiencing but they are enduring stress for much longer hours.

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So, to make up for this stressful job, trucking companies give benefits which include health and medical insurance, travel accommodation discounts, high speed wireless network(free) and marriage counseling(free).

Scenery

Working in the office usually gets boring with the non-changing environment. Everyday you’ll get to see the same room, wall, pantry but if you are a truck driver you will get to see different sceneries.

Cons

Repetitive

By being a truck driver, the job would be repetitive especially if you would be a local truck driver. But for me, it would not be a problem at all because it would mean that you’ll get monitor with your family. It’s a perk but could be a hassle to some.

Long Hour Drives

Like I’ve said, long hour drives would be the hard part of being a truck driver. With these, you’ll be missing some of the important events in the family. You’ll also miss hanging out with your friends.

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