Start up cost

Discussion in 'Freight Broker Forum' started by MississippiTruck, Aug 5, 2014.

  1. MississippiTruck

    MississippiTruck Bobtail Member

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    Aug 5, 2014
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    What is a good ballpark for startup costs on a new venture brokering operation? I'm wanting to make sure what I'm figuring is realistic. Thanks in advance!
     
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  3. Dryver

    Dryver Road Train Member

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    Nov 30, 2008
    Sioux Falls, SD
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    We really need a lot more info to even try to answer your question.
     
  4. deviouseve

    deviouseve Bobtail Member

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    Aug 10, 2014
    Gulf Coast
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    I have found the following: (and i live in MS)
    business license in MS (long beach area) - 250 or there abouts
    your DOT number is about 300
    your OP-1 form and boc-3 form
    trucking software - 700-3000+ depending on what you are willing to spend
    YOU WILL NEED TO GET BONDED --- I have a few bond place that do freight brokering -- can cost anywhere from 1000-1500 for 10k bond --- (it will be higher if you want a higher bond amount
    if you choose a training program --- 700 to 3500

    i have been taking logistics through MIT open course ware and it is giving me a better understanding about logistics. it WILL NOT give specific information about brokering, but if you are new to trucking at all... not a bad idea --- cost FREE

    also, read read read read and search search search search. I have spent literally weeks on the internet now researching things.
    good luck
     
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