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Want to Start a Tow Truck Business? Watch This First

Kenneth Orme started K.O. Towing in 2019 with a single truck. In the 3 years since, he’s grown to 4 trucks and a total monthly revenue of $40,000. We’ll find out how he did it in today’s interview. This video is sponsored by TailorBrands. Use code "upflip40" for 40% off at check out! Click here https://tailorbrands.go2cloud.org/SH6B to get your business started today! Before starting K.O. Towing, Kenneth worked as a Journeyman Machinist and welder. When the shop he’d worked for went out of business, he took the opportunity to become his own boss and bought his first tow truck. He added the second just before the start of the pandemic, and has continued to grow over the past 2 years despite those added challenges. Today, Kenneth shares his advice for how to start a tow truck business from the ground up. We’ll find out how much it costs to start a tow truck company and what kind of equipment you need before you start. Along with towing, his company offers roadside assistance and transportation services for customers, and Kenneth will share why it helps a tow truck business to include these options, and what systems and supplies you need to do so. Rather than start with a business loan, Kenneth leveraged his personal credit to get started with a lease-to-own truck. We’ll hear why that was the best option for him, and other tips for starting a towing business with little to no money. He’ll also share how he connected with his first customers and established his reputation for quality service in the Tacoma area. As a 24/7 business, K.O. Towing needs reliable employees to function smoothly. We’ll find out how he hires and manages his staff to maintain consistent service quality. Resources: https://bit.ly/4fybQN0 - Start or Grow Your Business with UpFlip Academy https://www.kotowoing-tacoma.com – Find Out More About Kenneth's Business Timestamps: 0:00 Intro 0:58 Meeting the Owner of KO Towing 2:01 Tips on Finding Your First Customer 2:58 How To Break Even in This Business 3:48 Public Clients vs Private Clients 4:52 Most Profitable Towing Services 5:54 The Must-Haves To Get Started 7:29 Scaling into the Hundred Thousands 9:21 Required Expenses To Know About 10:26 Tips on Starting a Business with No Money 11:30 Successful Advertising Strategies 13:05 System and Processes 13:44 The Tool Every Towing Company Needs 14:20 What Makes KO Towing Unique 15:18 The Trick To Avoid Failure 15:53 How To Make a Presence Online 17:16 How To Solve Common Business Problems 18:20 Blitz Time with Ken! 19:09 The Key Pieces You Need On Your Truck 20:34 The Average Work Day 21:43 Advice on Finding Perfect Employees 22:43 What Ken Earns Per Tow 23:32 What It’s Like to Operate 24/7 24:32 How To Motivate Yourself 25:12 Financial Tips for Starting a Business 26:14 How To Double Your Revenue 27:00 The Key To Keeping Customers Loyal 27:32 How Ken Got Through The Pandemic 28:38 Where Ken Got His Experience and Knowledge 29:24 The Busiest Time for Towing 30:47 Tips on Reputation 31:22 Choosing The Perfect Service Area 31:52 Ken’s Advice for Beginners #towing #towtruck #towtruckbusiness

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