Starting a barge and tugboat brokerage gets you into a niche business, but don't barge in on the competition without doing your homework first.
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Business Plan Mechanics for Barge & Tugboat Brokerages
Haven't created a business plan for your barge and tugboat brokerage yet? You could be in big trouble.
In many cases, the best approach is to keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.
Instead of investing countless hours in a lengthy business plan, put pen to paper now and document the essentials with the understanding that your plan will be revised as you move forward.
Look Over Competitors
Prior to opening a barge and tugboat brokerage in your area, it's a good idea to find out how you will fit in the competitive landscape. Try our link below to generate a list of competitors near you. Simply enter your city, state and zip code to get a list of barge and tugboat brokerages in your town.
It's important to be aware of what the competition is doing. Take the time to visit the competition to properly assess their strengths and weaknesses.
A Good Source of Advice
As part of your due diligence on opening a barge and tugboat brokerage, you really ought to learn from folks who are already in business. If you think your local competitors will give you advice, you're being overoptimistic. It'd be crazy for them to teach you the business.
On the other hand, an individual who has a barge and tugboat brokerage in a different city can be a great learning resource for you, given that you don't compete with them in their area. In fact, they are often very willing to share startup advice with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
How do you find a barge and tugboat brokerage owner outside of your area who is willing to talk?
Simply, try our helpful link below, type in a random city/state or zipcode, and start calling.
Advantages of Buying an Established Barge & Tugboat Brokerage
It's no secret that entrepreneurs have a strong impulse to build companies from the ground up.
Yet a healthier and safer strategy may be to purchase an existing barge and tugboat brokerage.
Existing barge and tugboat brokerages are proven operations with dependable revenue streams. And that's not to mention the fact that a purchase let's you avoid the trial-and-error mistakes that are common in startups.
Franchising May Be a Better Way to Go
The probabilities on your doing well in business greatly improve if you opt for franchising in lieu of doing everything yourself.
If you are thinking about opening a barge and tugboat brokerage, you would be wise to determine whether buying a franchise could be the right move 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 starting a business may be of interest to you.
If you currently own a barge and tugboat brokerage, these resources will come in handy:
If you came here to learn about selling to barge and tugboat brokerages, 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.