How Much Does It Costs To Start A Freight Broker Business (In 2021)

[@rdinvestments9620]

Brandon thx for your time and I have been following you for a couple of months now. I am a veteran (US ARMY 16YEARS) AND 26 YEARS AS A OTR DRIVER. I recently got hurt at work and have been living on workers comp, my family says I need to retire but I dont Want to give up the trucking lifestyle. I have really been wanting to Start my own Brokerage and I look forward to seeing this industry from a different angle. Again THANKYOU ! YOU ARE A GREAT INSPIRATION.

[@Aflo.621]

I like this guy alot. Thank you brother.

[@fabiolatorressilander5284]

You are the best: accurate info++, text on screen+++ detailed info, why and all+++ THANKU.BLESSINGS🙏

[@brandonthefreightbroker]

thank you for your comments Fabiola!! peace and prosperity!

[@jascam1]

Excellent video Brandon, any individual who is highly motivated shouldn't have a problem with this career venture.

[@brandonthefreightbroker]

thanks for commenting Jascam!!

[@kevinmontgomery9022]

Good video. I am retiring from the Air Force in about a year and I am very interested in creating a home-based business. This helps me seriously consider becoming a freight broker. Thank you!

[@brandonthefreightbroker]

thanks for commenting Kevin!! enjoy retirement and thank you for your service!!! peace and prosperity!!!

[@ronearly2058]

@@brandonthefreightbroker Brandon, that printer is not 350.00 anymore. 619.00

[@AlexB-ts8oo]

@@ronearly2058 Says $350 on Brothers website so if you see somewhere else is $620 they are overcharging you.

[@TheSisUNeed]

@@brandonthefreightbroker Would one need a usdot number before they can get the UCR?

[@wettgilliam]

Thank you Mr. Scott. I really appreciate all of your knowledge and professionalism that you provide. Your videos are very helpful. My Wife and I are preparing to start a business in this field.

[@TheN3WPR0T0TYP3]

Great information man. I already have a little more than half of the money saved up to take the course. I can’t wait to learn more of what it takes to start my own business and become a successful entrepreneur like you! I appreciate all the free game.

[@brandonthefreightbroker]

thank you! wish you the very best on your journey!! peace and prosperity!

[@LovingAtlanta]

👍Thank you so much. Very helpful info. I live the touch screen or overlay you’re using. ❓May you please tell me what type of screen you’re using or what type of touch overlay you are using on your TV or monitor in this video. Thank you your reply. 🙏💝

[@hewhoknocks2880]

What about errors and omissions insurance and general liability ? Not needed on the front end ?

[@joezubrzycki5782]

I know this is an old video, but due to my own situation, just came across it. Brandon, any video I've seen of yours seems to be very informative and it is appreciated! I just wanted to clarify about the boc-3 for anyone who reads this. This is actually one of the only things that you're actually required to use a third party to have it filled out and submitted to fmcsa. Good thing is it's only a one-time expense and usually the service can be found for ~$30-50.

[@solefinder3708]

He's good, his style is refreshing, he's always straight to the point, I love that, no games, no head games, he's just always straight right to the point, which totally helps to build up trust.

[@MrNwaogwugwu]

You're awesome man; always so informative and clear as can possibly be. I love it, thank you Brandon.

[@brisbyboysoutdoorchannel7425]

You drop so many gems thankyou

[@Raider_Patrick_68]

When is you next class If you have one?

[@veteransdieselgarage7607]

Brandon, this video is awesome! I been in transportation for 20 years as a diesel mechanic, attending college online getting my bachelors in supply chain in a few months, leaning towards becoming a transportation broker now because of these videos you have. Thanks for the info!!

[@Thabyrd9]

Going to have to watch this a few times

[@marshaoluwagbamila2681]

Also tvs with hdmi option can also be used for screens

[@mzmanniefresh1]

I would like to thank you for all informative information. I definitely needed this info.

[@bosss6106]

Thanks, very informative video!!!!!!

[@JoyceEasley-mk6tp]

Great information!

[@krizmatic717]

This guy is so positive and motivational I wish I had my stuff together right now!

[@brandonthefreightbroker]

thanks for the encouragement Kriz!! mich appreciated! best wishes!!

[@krizmatic717]

@@brandonthefreightbroker if you need a prototype I would like to be proud of producing one protege, contact me. I will come wherever you're at, and I'm capable of making your brand my mentorship

[@salwanram1030]

I can not thank you enough for this great information God bless you and your family. Keep it up

[@brandonthefreightbroker]

good bless you Salwan! thank you for commenting!

[@salwanram1030]

@@brandonthefreightbroker any info on the shippers and carriers contracts packets? Is a lawyer a must?

[@megnotebelachew1971]

I visited more of your demo, pls how can i start freight broker business?

[@jellobaby1859]

Dawg u da shit . Bless u king

[@Ido_itAll]

Where is a good company to go to sign up for Fmcsa & what is a good cost

[@laricewilcox5344]

Thanks, you're hands down the most informative. Easy to understand and follow 💯

[@brandonthefreightbroker]

glad to hear that Latrice!! thank you for sharing and glad you're enjoying the content!

[@mahmoud1000001]

And if you don’t have liquidity till shippers pay you you need Factoring company

[@basim62]

Quite informative Vlog. Keep it up. Good luck.

[@brandonthefreightbroker]

thank you Raif!!

[@SophiaGraySoliloquyDay]

Brilliant! Thanks for the information! I like this new video over the old one simply because I can hear it better. This was really thorough and convincing as it was extremely simplified for a basic understanding.

[@brandonthefreightbroker]

thank you Sophia!! glad to hear the sound quality is better...wish you the best!

[@nicholausaroko8501]

Great video

[@untothewhirlwind4666]

This is a great break down with an awesome delivery! Thank you

[@Yo-qt2nu]

Brandon is legit.%

[@BUTTA170]

Great video thank you

[@knowledegeborn]

Thank you.

[@DirtyBroke215]

Solid information as always 💯

[@brandonthefreightbroker]

thanks DB215!! appreciate you taking the time to comment!! 💯

[@amonicawarren4148]

Do you use Load boards to broker loads?

[@elielbravo5342]

Wow bro, this was awesome, thanks for the info, it was very helpfull.

[@brandonthefreightbroker]

thank you eliel!!

[@vincevincent5195]

Great information bro!

[@brandonthefreightbroker]

appreciate you brother!! onward!!

[@lesleytatum2526]

Can you do one on one courses?

[@Eison46]

Thanks for the information 👍🏽

[@brandonthefreightbroker]

you got it Kris!! 👍🏽

[@thefaithfamilyandfreedomt.1566]

Thanks for the video!!!

[@brandonthefreightbroker]

thank you for commenting!!

[@danbikhanoff7069]

Very helpful

[@brandonthefreightbroker]

thanks for commenting Dan!!

[@ironbull1559]

Thank you

[@brandonthefreightbroker]

thank you for taking the time to comment Iron Bull!! peace and prosperity!!

[@abouelnaga78]

Thanks for all ur videos Before I start freightBrooker should I have license ? I am truck driver and I have my authority can I use it for freight broker or should I get new MC no Thanks 🙏

[@applypressurealways]

Thank you. Great content 💪

[@brandonthefreightbroker]

thank you!!

[@juicyco2007]

Has anyone taken classes with Brandon? If so how’d it go?

[@jrem4283]

Very nice video and presentation.👍 If you have time, what recommendations would you make for someone starting a non cdl hotshot business?

[@Mustbelexy]

Thank you 👏

[@brandonthefreightbroker]

thank you miss flava!!

[@Mustbelexy]

@@brandonthefreightbroker is there a way for new brokers to work with you to build credit?

[@Learninghowtorebuild]

Great info

[@brandonthefreightbroker]

thanks learninghowtorebuild!!

[@Learninghowtorebuild]

@@brandonthefreightbroker which website should we get our mc / dot, license etc? I see a few but don't know which is legit.

[@jesselee6185]

Have you done a Freight broker vs Freight dispatcher? Video

[@doloressockwell7578]

Great information but I was wondering would it be wise to have a virtual office because I don't want to us a PO box with using an address and I don't want to use my home address.

[@Bizzybabeh]

What else is there example After all these expenses is there some hidden figures needed let's say 15k for paying for the freight upfront etc

[@mauriceadams3974]

Man I needed to here this. Although i have no job but i don't work hard at it. Guess im about to change.

[@AS-ve9nm]

Please advise on factoring company that works with startup. Also, who to contact for bond quote. Any suggestions on companies

[@meanwhile4308]

Just WOW!!💞

[@brandonthefreightbroker]

😀😀 thanks!!

[@millyteklu3388]

Thank you for your helpful information but l have a question how to get in surety bond and do l need to have a job to get it coz am staying home mom.

[@Caliactive365]

Im gonna start mine soon ! Thanks for your videos ! If you offer training classes let me know. Im interested

[@brandonthefreightbroker]

thank you!! www.brandonthefreightbroker.com

[@abdullahnaveed6699]

Really loved your detailed video but i have a question and would love you to get an aswer. Can we start a freight broker business being a non US resident?

[@itsqueentee5344]

Hello. I want to start my freight broker business and I want to also dispatch. Do I need to start two separate businesses for that or can I work under one mc# for both

[@Kshontelle]

Great updated video Brandon! Do you already have a video about the shipper packet and the broker packet, putting them together, and all that each one entails? Do I need to have paperwork drawn up by a transportation attorney? I want to have all my ducks in a row while I am waiting for my authority💜

[@brandonthefreightbroker]

thanks Keisha! don't know if we've done a video specifically for the packets...you could have an attorney draw up your docks...that'll cost you though!!😀😀

[@Kshontelle]

@@brandonthefreightbroker 😅 well ima need for you to do a video then😂😂

[@brandonthefreightbroker]

😀😀😀

[@Kshontelle]

@@brandonthefreightbroker 😂😂👀

[@FeminineMotherhood]

Hi Brandon Scott. Thank you for your videos. I'm subscribed and get all new updates. I finally got my MC application submitted. Next up is my surety bond, I'm scared to even hear what I would have to pay. lol

[@THEHIGAADINSTITUTE]

Do you offer mentorship for brokers who are just starting?

[@brandonthefreightbroker]

yes...you can check our 5 video series called how the load movement process works first and if you have any questions just let us know!!

[@michaelfigueroa213]

For the load boards Do need the advanced package or the pro package or is the basic good enough?

[@trokonbenson2783]

Hello, thanks for the information what freight training course would you like to recommend?

[@brandonthefreightbroker]

thank you!! www.brandonthefreightbroker.com

[@troyallenlive]

I appreciate the information. I’m still researching.

[@brandonthefreightbroker]

😎cool!! thanks for commenting Troy and wish you the best!!

[@gifinoc3356]

Do you know any good broker trainer ?

[@motionmattersx]

Hey, do I have to pay 50 different BOC-3 agents?

[@jhonleandro7854]

I like these videos a lot. I am a carrier but I follow you and thanks to your videos I learnt how to move my business and pick the a really good broker and a really good factoring company. Factortek

[@renaywalker6525]

Hi Brandon, I'm interested in starting a freight broker business and I also want to register for your freight broker training. Can I register my business before I go through training? Thanking you in advance! Renay Walker

[@bestkept701]

Go thru your Secretary of State for your LLC

[@RowdyBush]

How much did the different endorsements you added to your CCI raise your insurance? Thanks

[@brandonthefreightbroker]

my insurance cost about 5k per year.

[@terrellwilliams3163]

So starting out what do you make around in a year.

[@brandonthefreightbroker]

I did 59k in my first year...started in March...didn't move first load until May...

[@michaelcole2317]

I work swing shift, technically just 14 days out the month and 7 straight off days a month. My job is very laxed, I'm by myself running test on brown paper every hour, test last about 10min. Is this something I could do while still working my job?

[@remnantfewministriesminist495]

Thank you for this video. I am interested in this video. I am in a transitional time right now and I feel I could do well in this buisness. If I dont go through a factoring company how much do you recommend for working capital 1st year?

[@brandonthefreightbroker]

if you move 20 to 25 loads a month you'll need about 50k...

[@remnantfewministriesminist495]

@@brandonthefreightbroker Wow..Thank you very much! I estimated at 1/2 that number..😊

[@Island_Ninja]

So would it be easier to gradually attain these things, or buy it all at once..?🤔

[@brandonthefreightbroker]

probably so...depends on your situation/preference..

[@williammitchell3644]

Great video! If there's a way I can contact you to be an apprentice I'd appreciate it.

[@stanleybennett2797]

Brandon great in,I was in a bad wreck involving my truck,to say i booked my own loads, understood the comodities and hot lanes ,interacted with brokers and customers who wanted me to pull there loads,no authority active but approved, the wreck really shook me,need help,in a good Location for freight,any advice

[@stanleybennett2797]

Information

[@jokerswild349]

Can you run a freight broker business within anywhere in the globe?

[@nicholausaroko8501]

How can I contact you directly?

[@Bolow5252]

Is it legal for a broker to assist in getting other carriers for a busy carrier that needs assistance in picking up loads?

[@brandonthefreightbroker]

hmmm🤔🤔 don't understand your question Corvell...

[@Bolow5252]

In other words can I get a contract with a carrier as I would a shipper in regards to finding other carriers to assist in picking up loads

[@calvinjohnson39]

You be dropping gems I think I’m ready to take on your program.. with all due respect do you still give your students a refund after they complete the movement of the first load safe and successfully?

[@brandonthefreightbroker]

yes!! still offer the success challenge!!! thanks Calvin!!

[@maxscelo4576]

Hi...do I need a course / college to be a freight broker ?

[@brandonthefreightbroker]

No

[@maxscelo4576]

@@brandonthefreightbroker thanks sir

[@virginiaaskins2588]

Didn’t know about the CCI. Thanks

[@brandonthefreightbroker]

thank you Virginia!!

[@virginiaaskins2588]

What company do you use for your CCI? Also I’m launching my freight broker biz on Monday 07/19/202. Have you done a “how to” on shipper packets? I have the carrier packet already.

[@DavidLopez-mk6oc]

So if brokers have low monthly costs to operate, why you guys are ripping off O/O?

[@michoacan1217]

I called my insurance agency,I asked them how much is to get insurance for broker and she told me 7k for 6 months cash and and of to finance that amount Don’t know if I’m missing something

[@brandonthefreightbroker]

wooah!!🥸🥸 that's a lot....

[@RowdyBush]

Who and for which insurance. Shop around if so lol

[@mstl5646]

get starlink bro

[@arthurwilliams2738]

JW quoted me $2250 for a bond

[@brandonthefreightbroker]

not bad...pretty good for the first bond...

[@maxscelo4576]

Hi....how can we contact you via WhatsApp to ask more questions?

[@lilbull61270]

Nothing compared to the cost and operating costs to a truck yet you guys think you deserve 50% of the shipping rate. Exactly why brokers need to be regulated to a maximum percentage

[@freeway_22]

Thank you!