If you want your own business that can be run from home, a freight brokerage is worth considering. Transportation is a necessity that will always be sought after and in high demand.
Running your freight broker you will work along side manufacturers and wholesaler distributors who need to get their products across town or across country from one location to the next. This is where your freight brokerage business will come in.
Pros: The freight industry grosses $346 billion dollars each year. With that many sales there is definitely enough money to go around!
Cons: Running a freight brokerage will entail many long hours coordinating packages and people with needed deliveries. There will be times when deliveries will arrive late, which in short can end up causing you, the freight brokerage a lot of stress. You need to be good under pressure and be able find the problem and fix it which may not be an easy task.
To start a freight brokerage business in most states you are required to be licensed by the Office of Motor Carriers (a division of the Federal Highway Administration, Department of Transportation.) In most states (you will need to research your specific are) you might also be required to carry a $10,000 surety trust or bond.
Other office equipment you might need to run your business will include a fax, printer, phone and computer access. Attention to detail is definitely a plus as it will help you to run your freight brokerage business as smoothly as possible.
For further information contact The Transportation Intermediaries Association and ask that they send you a new brochure kit which outlines how to start and operate a freight brokerage
