Hello all,
I am a newly qualified HGV driver and are looking to progress in the industry in a way that very few do. Most newly qualified drivers will obtain driving work through an agency and progress their careers from there, as I will initially. However I have the intention of creating a business eventually as a haulage operator, running one truck to begin with which will be myself driving.
I would like some advice on how I can start the business and initially offer my services as a driver under my company name. I am informed that haulage companies looking for drivers prefer this approach to recruitment, because it avoids using agencies and paying high hourly wages, for often poor standards of drivers. As i am representing my own company name as a driver, naturally I will want to provide a company who uses me with high standards and this is why companies prefer this approach.
Additionally, being your own company gives you the opportunity to negotiate your wages, which can be better than agency pay and still less than what a company would pay an agency for your services.
I have been told to create a LTD company as opposed to being a sole trader, this is to avoid any issues of liability etc, should anything go wrong whilst out on the roads such as accidents and insurance issues.
I am aware of companies house, but what is the requirements of starting the business and what forms such as tax etc will I need to begin with.
Kind regards
Kevin