When you start a tow business, you should consider the type of structure that you would like. Because you have more freedom to expand, a corporation is better than an LLC. However, if the goal is to start a business but keep the company localized, an LLC might be a better choice. An employer identification number can also be applied for on the IRS site. This number is used to tie employees together with the right employers.
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The average price based upon distance is as follows: Distances less than 5 miles: $35 to $125. 40 miles: $125- $275. 100 Miles: Up to $600
To tow another car, you don't even need to have a towbar. All cars come with secure and safe towing points that can be hooked up.
You will need to pay an impound fee and a penalty if your vehicle was towable for illegally parking.