Thinking about opening a freight and cargo transport business? We tell you what you need to know to get started.
(article continues below)
Writing Tips for a Freight & Cargo Transport Company Business Plan
Your new freight and cargo transport business needs a business plan. But if you've never drafted a business plan before, the process can be intimidating.
But here's the good news: With a few tips, any entrepreneur can create a successful plan for their business. If you can get past the mystique, you'll see that a business plan just describes where your freight and cargo transport business is headed and how you intend to get there.
Once your business plan is in place, you can use it for a variety of funding and planning functions.
If you still aren't sure where to begin, consider taking a look at several sample business plans to get the creative juices flowing.
Investigate the Competition
Prior to launching a freight and cargo transport business in your area, it's essential to determine how strong the competition is. Try our link below to get a list of local competitors in your city. After clicking on the link, type in your city, state and zip code to get a list of freight and cargo transport businesses near you.
Is the local market large enough to support another freight and cargo transport business? If not, you had better be sure that you are doing things much better than the competition.
Talk to People Who Are Already in the Business
Once you've finished assessing the competion, it's essential that you have a conversation with someone who is in the business. Local competitors are not going to give you the time of day, mind you. It'd be crazy for them to teach you the business.
But, a person who owns a freight and cargo transport business in another town may be more than happy to give you a few tips, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
So, what can you do to find somebody who runs a freight and cargo transport business in another community?
It's not that hard. Just use the handy link below and enter in a random city/state or zipcode.
How to Buy a Freight & Cargo Transport Business
Many experts advise against starting a freight and cargo transport business if you can buy an established operation. Yet the process of buying a freight and cargo transport business introduces a new set of challenges.
Buying a business can be just as complex as starting one. For most prospective business buyers, the first step is to contact a business broker.
A good business broker serves a number of useful purposes. From locating available companies to helping seal the deal, your broker will have the experience and skills to help you successfully navigate the purchase process.
Don't Forget About Franchising As an Option
To improve your chances of business success, consider the benefits that come from choosing to purchase a franchise.
Before you consider starting a freight and cargo transport business, a smart move is to investigate whether buying a franchise could make sense for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you currently own a freight and cargo transport business, these resources will come in handy:
If you sell to freight and cargo transport businesses, you're in the wrong place. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.