Reasons Why You Should Hire a Moving Company A Moving company, also known as a household goods carrier, is a company that provides labor for the task of packing and transporting a customer's inventory from one location to another. They are essential for many reasons. Here are reasons why you should hire an Ox Movers Spring TX company. A moving business is one of the safest business opportunities for new business owners, due to its low overhead and low barrier to entry. There are very few requirements and low monthly costs to get started. Demand for moving services is always high and moving services can handle all types of moving and shipping needs. Even though the majority of moves are in-town, the overhead of running a moving company is low. It also requires little equipment and a regular marketing strategy. Before choosing a moving company, check with your state to determine what licensing requirements apply to your business. Many jurisdictions require certain licenses for moving businesses. Before working with customers, you should obtain these permits and file the necessary paperwork. Another important step is to obtain federal tax status, which includes an employer identification number (EIN) from the IRS. An EIN allows you to establish business accounts and file taxes related to your business. The more information a company provides to its customers, the better. Choosing a moving company should be done with care, as it involves the safe transport and shipping of household items. You should also check whether the company offers valuation coverage. This is insurance-like coverage for your belongings and is mandated by federal law. In some cases, valuation coverage is lower than replacement value, which is calculated by dividing the weight of your goods by its value per pound. By comparing the costs of each type of insurance, you can select a moving company that provides valuation coverage and a reasonable price.