How Much Does it Cost to Start a Freight Broker Business
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=vEmcA4h93DA
In this video, we're discussing the true cost of starting a freight brokerage—including many hidden expenses that often catch new brokers by surprise. • We'll cover key topics such as turnover costs, startup costs, back-office tasks, risk factors, and industry requirements. • π Chapters: • β³ 2:30 - Turnover • β³ 4:18 - Startup Costs • β³ 4:30 - DOT Authority: $300 application fee • β³ 4:30 - Bond: $1,800 – $10,000 annually (varies by credit) • β³ 4:30 - Insurance: $1,500 – $3,000 annually • β³ 5:12 - Transportation Management Systems (TMS) • β³ 5:36 - Load Boards (DAT, Truckstop, etc.) • β³ 5:52 - Cash Flow • β³ 6:31 - Wages • β³ 7:28 - Back-Office Tasks • β³ 9:13 - Risk • β³ 9:53 - The Bottom Line • No matter which path you take, we're here for all your training and educational needs. If there's a topic you'd like us to cover in a future podcast episode or video, let us know in the comments! • And remember: Whether you believe you can, or believe you can’t—you’re right. • π Visit our website: https://freight360.net/ • π Get a Free Month of DAT: • π DAT Power: http://www.dat.com/power/1959316 • π DAT Express: http://www.dat.com/express/1959316 • π DAT Truckers Edge: http://www.truckersedge.com/1959316
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