How Much Does It Cost To Start A Freight Broker Business?

So how much does it really cost to start a freight broker business?
This video explains ALL start-up costs included in taking your freight broker business live!
TMS Provider - www.loadpilot.com
Loadboard - www.truckstop.com
Credit Builder - www.transcredit.com
Quickbooks - www.quickbooksonline.com
Freight Broker Training: brandonthefreightbroker.com

[@SpencerKingHemoclysm]

I've been a driver, I've been a dispatcher. I've worked in LTL, dry van and chemical/tanker companies as well. I'm young and I have no degree, despite going to college for multiple things. I've never found a more concise and helpful video that answered every question I didn't even know I had. Maybe now I can finally work for myself, and eventually help my friends share in success. Thank you for everything!

[@Alex-vt1ni]

so how your bussines is going ... ?

[@olivertrpkoski2037]

Hello i am Oliver we are 3 people so far. who we work as dispatchers. we are from europe. and we have an offer for you. we work in an office we can maintain 15-20 trucks for 5000 dollars a month. if you are interested my email is [e-mail] a great opportunity for long-term sincere cooperation.

[@BELLE_MYMAIL1]

I honestly get a kick out of these people that think that they can just say, ok I'm going to be a broker.... How do you fill your trucks that sign into you?? Load boards, seriously? I dont give my drivers anyones cheap leftovers!! In an emergency, Ill use a load hoard. You shouldn't ever rely on a load board. College for 2 years, in LOGISTICS and going in a truck for 10 months, how do you expect to broker freight to drivers if you've never spent a minute in a truck with a truck driver, watching, learning, listening.....learn what they are going thru. I tell every single driver I speak too and tell them, if this broker wants your business, He will cater to you, the O/O are the BOSS...(many drivers forget that) you're paying them, you iwn the truck, your business. NO forced loads...they should have no problem sending you their references etc. If you hear "Ive never been in a truck....RUN" I know my drivers wives birthday, have sent flowers, gifts for them...kids important days he/she has to be home for, holidays never missed, Go the extra mile for the ones that keep you in business, and they will always treat you with respect and go that extra 100 miles for you. Drivers struggle daily with the Industry the way it is today compared to 20+ yrs. Ago. They miss their family, their home etc... wa lways be there to lend an ear other than just rate confirmations. Form friendships, extended family. I have an apt for my truckers when they are in this area, no hotels, we jave BBQs, dinners, hot shower, their own bedroom...kitchen, living room, washer n dryer and Ive done alot of laundry lol, we have a huge garage where my husband works on his trucks, so they do oil changes etc...home away from home. Ive met some of the best people and will continue to run my business like this forever. Despite the so called fly by night 'dispatching services' out there today giving dispatchers bad reputations, all I have is my name, at the end of the day I look back and am happy at what I choose to do with it! Keep on Trucking !

[@christochav]

Well freaking said! Thoughtful as well.

[@christochav]

@@BELLE_MYMAIL1 please reply, would like some insight. New to the game, driving right now, love it, but would like to hear your opinion on my thought moving forward

[@sweetdiva305]

Currently a truck driver in the making, and thinking of opening my own brokage business with all of the truck owners I know. And this video is a one stop shop for all the information I needed to know. Thank you for the information.

[@darrelherbert6201]

Did u make the switch?

[@johnmaxwell1356]

Just wanted to make a point about the credit builder option. If a broker is just starting out and is not firmly established I think credit builder is potentially necessary. Many carriers work with brokers only AFTER they have been approved by the carriers factoring company. A new broker may have issues getting approved by factoring companies until they are established. That means they have been in business for at least 1 year and they have demonstrated their ability to not only pay but to pay in a timely manner. Usually somewhere between 30-90 days...but factoring companies like the closer to 30 day. Just an FYI. Be safe everyone.

[@oleacustomsbrokerscorp.2832]

Just got a full refund from Alliance Logistics LLC, for my broker training after I moved my first load!!! Thank you Brandon. This is a very competitive business and you better know what you're doing before you start moving merchandise valued in the tens of thousands, dealing with demanding customers, moody drivers, dispatchers and government agencies. Good luck to everyone and see you at the top!

[@jbennetttransport1398]

"moody drivers " 🤣💅🏾

[@merarirodriguez2127]

May I ask why you requested a full refund f9r training?? You found you didn't need it or you just went through another training program? My husband is driver and we have a couple other drivers so I'm really wanting to get bonded as a broker and start my business but want to be sure I use the best training. Can you recommend? Also, I see your comment is a year old...how's it going for you? Thanks!

[@hatimramadan5643]

@@merarirodriguez2127 in his training website it says you can get a full refund after moning you're first load within 12 months

[@rockyourgirlpower]

😮😮😮😮😮

[@rockyourgirlpower]

That’s crazy because I was watching one of their videos and I couldn’t finish it. No pun intended for them but I was sent a series of videos from another company who HIGHLY RECOMMENDED Brandon. I cannot be happier because so many lights just came on in my head.

[@sherayisadriver14]

Thank You soooo much for this video. I am a truck driver an want to be a broker. I just had a accident and now Its time for a job change. No more procrastinating for me

[@brandonthefreightbroker]

Wish you the very best Sheray...onward!

[@generoland3732]

Same with me. After my accident it was hard to find a driving job that I want.

[@nahimanap.cetoute1143]

I have plan about it

[@HAGGY179]

Sheray Martin company you work for

[@browneyesbrowneyes943]

This video basically outlines a start of a business plan. Very helpful! Thanks

[@DustinChase]

To all the people saying it’s this much or that much for this or that. Listen you have to invest in YOURSELF to get anywhere in this world. Nobody else is going to do it for u. So don’t be scared just believe in yourself and do it. Thanks for the informative video you explained everything awesomely

[@brandonthefreightbroker]

Very good advice. Thank you for your comment!! Onward!

[@JustasIam147]

I needed to hear this thank you!

[@davidrobinson8396]

I’m getting my authority this month and I know it’s going to be hard getting loads . My question is , can I still use that shippers contact list to get loads ?

[@johntomlin803]

Best freight broker video out here! Dude literally gives step by step instructions an it’s typed on screen. Had a real class room type of feel to it! Good talker an good personality

[@jeeplova]

Love the way you talk without making it seem like you are struggling to explain yourself

[@africanvylette]

Thank you, this is the information that I need. Thank you so much for being direct!😊

[@graduatge105]

Great video. Detailed, informative and straight to the point!

[@busyboysonedollarcircus6601]

thank you for such a streamlined presentation. making it look easy is hard.

[@novasherfield4465]

This video will make me a millionaire and I will come back and comment when it happens. Thanks much love King keep that crown standing high your doing good things

[@pamelaeverett2087]

You are really good at explaining things. Thank you for breaking it down!

[@M7M6M5]

Great video about to start up my own business and this provided alot of information. Thank you for sharing your knowledge.

[@Gorgeous2One]

This was a GREAT INFORMATIVE VIDEO! Thank U 4 making the check list & explaining y u need these requirements.

[@MultiSwagga23]

Thank you I just sub to your channel I like how you broke everything down I’m looking at doing a training here soon in a few months

[@a00141799]

Thank you for your professionalism and clear explanations. You help me shed some of the fear and uncertainty about jumping into this business. 👍👍

[@MrMotherofdivinity]

Thanks very much for the video. Your information was so concise, detailed, precise and the flow of all the information made it easy to comprehend. I am an Educator, Paralegal, and Accountant, this recent course of events have been very challenging, though I can see the Lite in the tunnel. I am stepping up to the plate for a change and you perfectly laid out the business plan. I would like to say thank you again, because most people wouldn't did this much. Best regards. Chayah.

[@miguelzapata255]

Great job breaking down the steps and cost estimates brotha! Thank you!

[@janycalchaldora7508]

Thank you so much this video is a real eye opener and gave me a real view on how to start and how much money I need really happy to have found you will be following your videos 👋

[@joshuadoty4120]

This is a great video. I like the piece about quickbooks. I am considering using the online version. I was wondering if you might consider doing a video on how to set up your quickbooks for freight brokers. I have been searching and just haven't found anything.

[@13polarbarr]

Transitioning to brokering from a transport business, and this video has made it easy to understand. Already have contracts with manufacturers but its become too big for my small fleet, so subcontracting is the obvious solution. Thanks SOO MUCH for this info!!!

[@brandonthefreightbroker]

thanks you for commenting!!😀😀

[@DJ_Gloveboxx]

This video is a game changer! You really help boost my confidence in jumping in the water! Thanks

[@TheN3WPR0T0TYP3]

Thank you for the information. I'm looking to build the capital in order to begin my own freight broker business. This video is showing me that it isn't a costly as I initially perceived. I also looked at your five video series that shows the entire process of getting a load and posting a load. That was very informative as well. I'll be taking your course in the next two months or so and can't wait to learn the necessary info in order to broker freight professionally. Good job man and thanks for all the info!

[@realestateandvibes]

Love it! I'm a Loan Officer and nothing makes me happier than seeing numbers lol. This was a very detailed breakdown and I appreciate it. I especially love how you specified the why you advised each component.

[@nsimbaamandamawete1266]

Brandon, What a great and passionate communicator you are!!! Thank you for all this food.

[@1202puppets]

You were absolutely very detailed which I really appreciate. Thank you so much.

[@faithbanks7635]

Great info...Ive been a trucker for 19 yrs...very to the point

[@ARushin80]

You're winnnning baby!! Thank you very much for this video Sir.

[@brandonthefreightbroker]

Thank you for your support my friend! Onward!

[@livegoodwitherik]

This is crazy valuable! Thanks - we help freight brokers with business cash advances.

[@user-bf3dz6ml1p]

I really liked this video. I have watched a few other, not as good yours telling us what you must have and your options each category was explained, especially price wise were to start realistically and move up in price.

[@javiercarrion6843]

Thanks I actually seen this Video last year and sent to the my wife but she was not ready so now she is ready I have the capital and will send her to some classes to learn. We basically have the office setup just need to get everything else. Thanks again.

[@sulkas2305]

Indeed useful information also inspiration.

[@byrd1byrd]

Very informative, straight to the point! Thank you!

[@brandonthefreightbroker]

Thank you and see you at the top!!!

[@asincere7015]

Hey,thank you, Brandon,you are doing a great job, your information is extremely valuable !!! 😊

[@APerfectPerception]

I'm new to this and am very pleased with the breakdown of information you supplied. It will help me out a lot moving into this arena. Thank you

[@taylormade7231]

Knowledge is Power

[@brandonthefreightbroker]

APPLIED knowledge is super powerful!! Thank you for your comment! Onward!!

[@bradwilliams4921]

Studying for a CDL and thinking about getting into the trucking business. This is good information to know.

[@vstylesunlimited]

Depending on what you're driving, you don't need a cdl. Just food for thought. Vehicles under 26 thousand and 1 pounds don't require cdl. But, check with your state.

[@turnupthegospelradio3191]

Mr Brandon, This was a major blessing. Simple & straight to the point. After watching countless of KZbin videos on getting started. I finally landed the one that helped me the most. I know marketing and general business. However I am not familiar with being a broker. This video definitely was the one I needed to see. Keep up the good work. Much success to your business.

[@waynecummings6221]

very informative looking forward to getting started, hopefully by the end of the year I should have everything in place

[@lewisnash9849]

Another Great Video Excellent step by step explanation, on the process and the cost of becoming a freight broker.

[@brandonthefreightbroker]

Glad you enjoyed the video! Onward!!!

[@ericvidal440]

Thanks Brandon putting extra hours at my job , driving for uber and Lyft on the weekends , thanks for all your help getting me motivated and ready to venture on my own

[@sergioelliot9779]

You prolly dont give a damn but does any of you know of a method to get back into an instagram account?? I stupidly forgot my password. I appreciate any help you can offer me

[@fernandocaceda462]

great information! as a Dispatcher we usually need that drivers understand sometimes what we could make they earn. Most driver doesn`t like short runs or power only loads, is just to find an ideal broker that shakes hands with them and everyone will be making money.

[@patriciaspringer3500]

Thank you very much for this info, it helps alot.

[@cheryltaylor4928]

Excellent. My son is a Transportation Marketing Supply Chain Management major at North Carolina A&T State University. Excited to share

[@mctransportation9831]

That's a waste of money and time. He'd be better working for minimum wage at a brokerage or in a office at a trucking company. He'll learn more in a year than 10 in college. Those are the type of degrees that people default on the loan. He'll come out of school and be unrealistic about the type of salary he should make and may not get a job.

[@ISLANDTRUCKER]

Exactly the info I've been looking for. Thanks

[@soundsrelaxing888]

ISLAND TRUCKER the same

[@bxbomber8064]

Very informative...I've been considering going this route and Independisizing myself. I'm intrigued by the details and the flexibility of a home based business .I'm doing my necessary research in order to try and launch and grow .Thanks again..blessings.

[@edgardomatos6923]

Excellent video, looking start with a lap top , reason being , ill be still driving , and working on loads ...

[@LadyAndrews1]

Thank you 🙏🏾 I will be a future student

[@jumpout4660]

people read the comments the guy gave a great presentation and answered all the questions 20 times read the comments before you ask the same question he offers an online class its on 10 comments already read before you ask. what his other videos and he gives more information out in those also take the time to research and listen to what he is saying. Thanks brandon for all the great info and sorry people don't read the comments to get the answers you keep answering over and over.

[@brandonthefreightbroker]

Thank you for commenting! Best wishes!!

[@hiramrosajr8231]

Ikr

[@canyoublamemenetwork2997]

@@brandonthefreightbroker you ever heard of rbbs freight company? Are they the number 1 freight company?

[@brandonthefreightbroker]

@@canyoublamemenetwork2997 I haven't heard of that factoring company...still could be a solid company...a GOOD factoring company to me is one that charges 2 to 5% factoring fee, provides an electronic method of funding lumper fees or fuel advances, has a quick pay option and pays carriers on time. Thank you for your question. Hope this helps.

[@canyoublamemenetwork2997]

@@brandonthefreightbroker it did thanks

[@cheleenbeadle5599]

Thank you so much for sharing, greatly appreciated. Please share the testing/ training site you use for the Broker

[@shannonmurphy8925]

Great information! I appreciate you sharing all of this.

[@AlexisCarterNotaryMentor]

This man is very magnetic. Keep doing what you doing! We thx you.

[@dwightd9939]

Definitely interested in any classes that you provide. Can you give me more information on how to sign up or where can I see your live classes? By the way your video is very informative clear and concise

[@taiyegreat7865]

Hi Brandon, thanks for the information on how to start freight brokers business ,

[@Yvonne19903]

Thank you so much !definitely helped me out so much with this info 🙌

[@michaela.singletary474]

Another great video Brandon. Excellent information for the freight broker community. What tools, boards or directories would you suggest that can help new freight brokers like myself in the business find great shipping companies to do business with?

[@alishaheed2333]

Bro, great info. This is veerrry informative. Thanks for sharing and we'll be looking to take your course shortly.

[@brandonthefreightbroker]

Glad to hear you found the video content to be helpful. Thank you brother!

[@HollywoodTheTradeKing]

Brandon! I just started following you. You spitting some game! I Definitely want to join you before i get these trucks and learn the brokerage game first

[@sueq144]

Thank you for your detailed explanation, clear and concise. I'd like to know more about the factoring company which is 5% p/invoice. Off to a great start though. I'll let you know how it goes, but I see great things happening, and challenging!

[@gmbambition4347]

This video is great. So much information given. This helped me decide that I want to get into freight brokering. I'm paying off 2 more credit cards then I'll be signing up for your class. Thank you!!.💯

[@vekemartinez458]

Info on your class

[@thetruthhhh6479]

Thank you very much for all the detailed information, easy to tell that you’re going places!!! Starting mine in 2 weeks, been a dispatcher for 8 years and a broker for 4 so I’m ready!!

[@theblackestbeauty]

Do you mentor?

[@moniqueyourgoddess8432]

it's a year later so I wanted to know how things are going for you if you started your brokerage? Also, Do you do any mentoring?

[@devenaandrewsA11]

Hey I love the video. Giving a shout-out with plenty more. Have a good and calm day. Love Eve.

[@emshowupfitness9793]

Very well done job thank you

[@mommyjams247]

Thank you Sir for this information I really needed this to help with my Business plan.

[@brandonthefreightbroker]

Glad you found this information helpful!! Onwarf!

[@rodneyandre1548]

Very informative . Good video.

[@gsmith7113]

Thank you for the information bro. You a big help.

[@dominiquedobbs5168]

Bro thank you been lookin for ways to build my business credit

[@soulotruth9318]

Thank you Brandon🙏🏽. We’re getting started and learning the ins and outs to get this freight forwarding business started. This is definitely a start to know of cost

[@NaturesWildOnes]

How is it going? Thanks

[@LoveLife-zi9cf]

hows is the freight brokering business going for you? we also own mobile mechanic business and looking to transition to a scalable business like this

[@theblackestbeauty]

How are you doing so far? I’m looking to get started on would like to know how it’s going.

[@regrich8795]

@@theblackestbeauty no one is responding kinda makes you wonder why?

[@Frecks2024]

How’s it going???

[@dgexpressllc7450]

Always used the BROTHER Printers - they are the best - ink is inexpensive too!

[@brandonthefreightbroker]

I'm a Brothers fan too!

[@thegreatbaruc8741]

Gosh, this is hands down the best how to video. Very much appreciated. Thank you!

[@brandonthefreightbroker]

Thank you Baruc! Really appreciate the encouraging and kind words! Topside!

[@zukoher]

Oh my God! Thanks for this video! The info was concise. The internet gave the impression I needed minimum 100k to get started.

[@shampoogirl2003]

Thanks so much. This video was VERY helpful! My husband and I own a Mobile Mechanic company but we are going to start a hot shot trucking company and I will be the freight Broker. So this video really helps.

[@brandonthefreightbroker]

Glad you found the video helpful Shandrea! Best wishes to you and your husband!

[@Fb6.Nan0]

You would be a dispatcher not a broker

[@kennetharreguin5720]

@@Fb6.Nan0 just curious. why couldnt she broker her husbands loads for him? cant she do both? legit question

[@franzsells3665]

You put this were the goats can eat it.. Thank You.. the best real deal information.. with real substance ..

[@brandonthefreightbroker]

Thank you and I appreciate the kind words!

[@franzsells3665]

@They Felton Old School.. do you have Sirius radio.. if not get it on ur phone or pc.. ch.126 6-10a.m. or 6-10p.m. Joe Maddison shop..

[@photovideonewyork]

This is really good and helpful video. I will share on my social media.

[@donyaeharmon9421]

Thank you so much for your very informative video!

[@kiyah5595]

Amazing information! Well explained!

[@brandonthefreightbroker]

Thank you! Best wishes!

[@napseydesigns]

This video was so very thorough and informative!!! Thank you! It has encouraged me to get started! Do you still offer training! I'm ready to rock and roll

[@brandonthefreightbroker]

yes...you can give us a call if you have any questions @470-427-2711 ext 101 or visit our website www.brandonthefreightbroker.com to learn more about our training program. Thank you for your comment!

[@j.kcarter6478]

Thanks brother , you simplifying alot of things

[@georgewright5631]

Thank you brother I am now a subscriber

[@jenniferd5483]

Thank you! I'm a broker agent and have been delaying going off on my own because I thought it was too much to start off alone. Now I know I can do it sooner than I thought!

[@brandonthefreightbroker]

Best wishes Jennifer!

[@denisela3403]

Can you give me info on broker agent.

[@MaiTai1andOnli]

Thank you for this information

[@brandonthefreightbroker]

Thank you! Best wishes!

[@williedodson4949]

Very helpful, professional and thurough. Thank you💯

[@myfast5oh]

great vid thank you.. What worries me most is the cold calling, Ive never done cold sales calls at all.

[@wiseallah3877]

This video definitely covered ALL cost the entails starting a Freight Broker business. Also please add in the difference between a Bond and a Trust Fund, BMC-84 and BMC-85 and how to decide which may be better or more economical for starting out.

[@carmello000jp]

Explain

[@marksharpe5534]

Mr. Brandon, I am impressed with your video presentation. It was above and beyond informational. You make for an excellent trainer. I look forward to learning many things from you and others as I seek to have this as my career. Do you offer specialized training? Maybe something to look into young man. You're good at it. Keep it up.

[@brandonthefreightbroker]

thank you Mark...glad you found the content helpful and informative!! best wishes to you!! see you at the top!!!

[@MrCadillac919]

Thanks for a great video I have some work to do before getting started. Have to work on my credit life happen credit is bad right now thanks again

[@brandonthefreightbroker]

Thank you for your comment. Best wishes!

[@ursulajones8179]

Hi im a newby. Great video. Very informative, and appreciate the visuals.

[@writeonpurpose9175]

Outstanding transparency, Brandon.

[@brandonthefreightbroker]

Thank you for the feedback! Wish you the very best in your life and business!!!

[@WELLHELLOMISSAMANDA]

I second this. This is excellent.

[@joenuno2324]

Good info Brandon, I currently hold 17 years in sales an operations and this industry has always intrigued me. My mother in law has 30+ years in the freight forward world as well. This is 100% validating I need to be in this business.!! APPRECIATE IT MAN 🙏🏼

[@brandonthefreightbroker]

Peace and prosperity on your journey!! See you at the top!!

[@Savedbyhisgrace80]

Your mom has a freight broker company

[@ebukandehigwo2278]

​@@brandonthefreightbroker because the bottom is too crowded.😊

[@pah6539]

Great info. Great teacher. Keep up the good work

[@eshabe5413]

Thank you Sir this was very helpful.

[@makilahh]

I was interested in getting a new career I will definitely be taking your training career.

[@zp7741]

You feel me

[@Jay_dee915]

Very helpful information💯

[@brandonthefreightbroker]

Glad you found it helpful! Wish you the best!

[@fredmcfadden9979]

Excellent video with clear explaining and teaching...

[@elibetalvarez8034]

I will be start next month my training thanksssd

[@wbjman1]

Thanks for a realistic breakdown of this business!

[@brandonthefreightbroker]

My pleasure! Thank you for viewing!

[@sirsicd]

I just paid for and took a freight broker class and this one video helped to solidify a lot of what I learned. Thank you sir.

[@darrelherbert6201]

So how’s it working out for u?

[@regrich8795]

@@darrelherbert6201 no one ever gives an update 🧐

[@moneymave8750]

Which class did you take? And would u suggest others to also take that course?

[@modwin2008]

Great information thank you and doing what are you doing that you are doing very well lot success

[@dezm1844]

This was much needed, Brandon, thank you

[@alphafementitymgr9417]

Wow me and my bestie were just talking about this