Looking to expand or change and need some help

Have you thought about expanding the towing operation to include a big truck wrecker? Then you could get some experience on a big truck.

 

you might be able to make a killing in towing big rigs if you went and bought a big wrecker. this is called a "niche market". you would still be required to have a CDL however, but in no time, it'll pay for itself, especially if you can get a few contracts. then too, long distance towing can and will come up, especially if your customer wants their rig back from wherever it is. heck, at or about $100.00 per hour, you'd be better off than any trucker out there...........

 

The various load boards will give you all the freight you can handle, at a price guaranteed to ensure that you won't be in business for very long. There are a few very rare loads paying a decent rate, but the majority of what is on open boards are loads paying starvation rates. Anyone depending on load boards to keep himself in business will rapidly discover a fondness for Spaghetti'o's and Cup of Noodles, since that's all he'll be able to afford.

What I would do in your case is look over your area and try to find something that complements your existing business. Moving cars with a rollback is a different skill set than doing work with a winch type wrecker, so I am not sure that simply buying a big wrecker and declaring yourself ready to go is a good move. You have to have the recovery skills needed to salvage trucks from accidents, and most companies doing that are able to provide multiple trucks for a job as needed. There is work moving broken trucks from point A to point B, but I am not sue how you would get enough of that at the beginning to make a go of it. A big wrecker is a major investment, and it takes plenty of work to pay for one. And, that work is already being done in your area, so there is a good chance that the market for the work isn't as strong as it could be.

You might research your area and see if there is enough potential business to make the investment in a hydraulic tail or sliding axle trailer and a tractor to pull that, and do machinery moving. The would keep your cost down to a reasonable level, add to your current business in a complementary way, and possibly fit in with your desires. We have a member on here, "Joethemechanic", who does his work in that type of business, and you might send him a pm and see if he can advise you on it. You'll still have to evaluate the business climate where you live, but that might be a better option than a full fledged wrecker operation.