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

How Much Does It Costs To Start A Freight Broker Business In 2021
One of the most attractive characteristics about a freight broker business is its' low start-up costs.
The costs to operate a freight brokerage business will impact profits....
A savvy freight broker business owner will be very aware of the numbers...
How much it costs to operate a freight broker business is one of the freight broker's most important numbers...
In this freight broker training video Brandon, Alliance Logistics shows you exactly how much it costs to start a freight broker business.
Want to learn more about the freight broker business?
Check out Brandon's free 5 video series titled "How The Load Movement Process Works."
1. Click Here... brandonthefreightbroker.com​
​​​​​​​2. Wait for the scroll-down to appear
3. Enter your name and email
4. Click submit
5. Check your email (spam/junk) for first video
Also, don't forget to check out my free freight broker training video "How Freight Brokers Find Shippers"
• Freight Broker Trainin...
See you at the top because the bottom is much too crowded!

Пікірлер: 145

  • @MrNwaogwugwu
    @MrNwaogwugwu3 жыл бұрын

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

  • @untothewhirlwind4666
    @untothewhirlwind46662 жыл бұрын

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

  • @mzmanniefresh1
    @mzmanniefresh1 Жыл бұрын

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

  • @rdinvestments9620
    @rdinvestments96203 жыл бұрын

    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.

  • @BUTTA170
    @BUTTA1702 жыл бұрын

    Great video thank you

  • @brisbyboysoutdoorchannel7425
    @brisbyboysoutdoorchannel7425 Жыл бұрын

    You drop so many gems thankyou

  • @wettgilliam
    @wettgilliam2 жыл бұрын

    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.

  • @freeway_22
    @freeway_22 Жыл бұрын

    Thank you!

  • @bosss6106
    @bosss610610 ай бұрын

    Thanks, very informative video!!!!!!

  • @FeminineMotherhood
    @FeminineMotherhood3 жыл бұрын

    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

  • @jrem4283
    @jrem42832 жыл бұрын

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

  • @knowledegeborn
    @knowledegeborn3 жыл бұрын

    Thank you.

  • @JoyceEasley-mk6tp
    @JoyceEasley-mk6tp10 ай бұрын

    Great information!

  • @joezubrzycki5782
    @joezubrzycki5782 Жыл бұрын

    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

    @solefinder3708

    Жыл бұрын

    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.

  • @SophiaGraySoliloquyDay
    @SophiaGraySoliloquyDay2 жыл бұрын

    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

    @brandonthefreightbroker

    2 жыл бұрын

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

  • @laricewilcox5344
    @laricewilcox5344 Жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    Жыл бұрын

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

  • @jellobaby1859
    @jellobaby18593 жыл бұрын

    Dawg u da shit . Bless u king

  • @elielbravo5342
    @elielbravo53423 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thank you eliel!!

  • @moneysmith8576
    @moneysmith85763 жыл бұрын

    Thank you. Great content 💪

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thank you!!

  • @fabiolatorressilander5284
    @fabiolatorressilander52843 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @Eison46
    @Eison463 жыл бұрын

    Thanks for the information 👍🏽

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    you got it Kris!! 👍🏽

  • @thefaithfamilyandfreedomt.1566
    @thefaithfamilyandfreedomt.15663 жыл бұрын

    Thanks for the video!!!

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thank you for commenting!!

  • @TheN3WPR0T0TYP3
    @TheN3WPR0T0TYP33 жыл бұрын

    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

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @Thabyrd9
    @Thabyrd99 ай бұрын

    Going to have to watch this a few times

  • @veteransdieselgarage7607
    @veteransdieselgarage76072 жыл бұрын

    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!!

  • @nicholausaroko8501
    @nicholausaroko85012 жыл бұрын

    Great video

  • @jascam1
    @jascam12 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    2 жыл бұрын

    thanks for commenting Jascam!!

  • @DirtyBroke215
    @DirtyBroke2153 жыл бұрын

    Solid information as always 💯

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @lovingatlanta
    @lovingatlanta2 жыл бұрын

    👍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. 🙏💝

  • @vincevincent5195
    @vincevincent51953 жыл бұрын

    Great information bro!

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    appreciate you brother!! onward!!

  • @salwanram1030
    @salwanram10303 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    good bless you Salwan! thank you for commenting!

  • @salwanram1030

    @salwanram1030

    3 жыл бұрын

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

  • @mauriceadams3974
    @mauriceadams39742 жыл бұрын

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

  • @basim62
    @basim622 жыл бұрын

    Quite informative Vlog. Keep it up. Good luck.

  • @brandonthefreightbroker

    @brandonthefreightbroker

    2 жыл бұрын

    thank you Raif!!

  • @abdullahnaveed6699
    @abdullahnaveed66992 жыл бұрын

    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?

  • @AS-ve9nm
    @AS-ve9nm3 жыл бұрын

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

  • @Caliactive365
    @Caliactive3653 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thank you!! www.brandonthefreightbroker.com

  • @ironbull1559
    @ironbull15593 жыл бұрын

    Thank you

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @abouelnaga78
    @abouelnaga782 жыл бұрын

    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 🙏

  • @millyteklu3388
    @millyteklu33883 жыл бұрын

    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.

  • @danbikhanoff7069
    @danbikhanoff70693 жыл бұрын

    Very helpful

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thanks for commenting Dan!!

  • @michaelfigueroa213
    @michaelfigueroa2133 жыл бұрын

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

  • @meanwhile4308
    @meanwhile43083 жыл бұрын

    Just WOW!!💞

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    😀😀 thanks!!

  • @doloressockwell7578
    @doloressockwell75782 жыл бұрын

    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.

  • @renaywalker6525
    @renaywalker65253 жыл бұрын

    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

  • @marshaoluwagbamila2681
    @marshaoluwagbamila26812 жыл бұрын

    Also tvs with hdmi option can also be used for screens

  • @Mustbelexy
    @Mustbelexy3 жыл бұрын

    Thank you 👏

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thank you miss flava!!

  • @Mustbelexy

    @Mustbelexy

    3 жыл бұрын

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

  • @krizmatic717
    @krizmatic7173 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @krizmatic717

    @krizmatic717

    3 жыл бұрын

    @@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

  • @Yo-qt2nu
    @Yo-qt2nu Жыл бұрын

    Brandon is legit.%

  • @itsqueentee5344
    @itsqueentee53442 жыл бұрын

    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

  • @Learninghowtorebuild
    @Learninghowtorebuild3 жыл бұрын

    Great info

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thanks learninghowtorebuild!!

  • @Learninghowtorebuild

    @Learninghowtorebuild

    2 жыл бұрын

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

  • @williammitchell3644
    @williammitchell36442 жыл бұрын

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

  • @kevinmontgomery9022
    @kevinmontgomery90223 жыл бұрын

    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

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @ronearly2058

    @ronearly2058

    3 жыл бұрын

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

  • @AlexB-ts8oo

    @AlexB-ts8oo

    3 жыл бұрын

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

  • @TheSisUNeed

    @TheSisUNeed

    2 жыл бұрын

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

  • @hewhoknocks2880
    @hewhoknocks2880Ай бұрын

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

  • @trokonbenson2783
    @trokonbenson27833 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thank you!! www.brandonthefreightbroker.com

  • @Raider_Patrick_68
    @Raider_Patrick_68 Жыл бұрын

    When is you next class If you have one?

  • @michaelcole2317
    @michaelcole23172 жыл бұрын

    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?

  • @amonicawarren4148
    @amonicawarren4148 Жыл бұрын

    Do you use Load boards to broker loads?

  • @remnantfewministriesminist495
    @remnantfewministriesminist4953 жыл бұрын

    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

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @remnantfewministriesminist495

    @remnantfewministriesminist495

    3 жыл бұрын

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

  • @Kshontelle
    @Kshontelle3 жыл бұрын

    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

    @brandonthefreightbroker

    3 жыл бұрын

    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

    @Kshontelle

    3 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    😀😀😀

  • @Kshontelle

    @Kshontelle

    3 жыл бұрын

    @@brandonthefreightbroker 😂😂👀

  • @troyallenlive
    @troyallenlive3 жыл бұрын

    I appreciate the information. I’m still researching.

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @jokerswild349
    @jokerswild3493 жыл бұрын

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

  • @megnotebelachew1971
    @megnotebelachew19712 күн бұрын

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

  • @calvinjohnson39
    @calvinjohnson393 жыл бұрын

    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

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @juicyco2007
    @juicyco20072 жыл бұрын

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

  • @realestatedawkins4126
    @realestatedawkins4126 Жыл бұрын

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

  • @jhonleandro7854
    @jhonleandro78542 жыл бұрын

    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

  • @lesleytatum2526
    @lesleytatum25262 жыл бұрын

    Can you do one on one courses?

  • @jesselee6185
    @jesselee6185 Жыл бұрын

    Have you done a Freight broker vs Freight dispatcher? Video

  • @gifinoc3356
    @gifinoc33562 жыл бұрын

    Do you know any good broker trainer ?

  • @stanleybennett2797
    @stanleybennett27973 жыл бұрын

    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

    @stanleybennett2797

    3 жыл бұрын

    Information

  • @bestkept701
    @bestkept7013 жыл бұрын

    Go thru your Secretary of State for your LLC

  • @RowdyBush
    @RowdyBush3 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    my insurance cost about 5k per year.

  • @bobby20101987
    @bobby201019872 жыл бұрын

    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

  • @mahmoud1000001
    @mahmoud10000012 ай бұрын

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

  • @terrellwilliams3163
    @terrellwilliams31633 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @THEHIGAADINSTITUTE
    @THEHIGAADINSTITUTE3 жыл бұрын

    Do you offer mentorship for brokers who are just starting?

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    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!!

  • @nicholausaroko8501
    @nicholausaroko85012 жыл бұрын

    How can I contact you directly?

  • @projectrain2254
    @projectrain22543 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @corvellsibley4219
    @corvellsibley42193 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @corvellsibley4219

    @corvellsibley4219

    3 жыл бұрын

    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

  • @virginiaaskins2588
    @virginiaaskins25883 жыл бұрын

    Didn’t know about the CCI. Thanks

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    thank you Virginia!!

  • @virginiaaskins2588

    @virginiaaskins2588

    3 жыл бұрын

    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.

  • @maxscelo4576
    @maxscelo45763 жыл бұрын

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

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

    No

  • @maxscelo4576

    @maxscelo4576

    3 жыл бұрын

    @@brandonthefreightbroker thanks sir

  • @michoacan1217
    @michoacan12173 жыл бұрын

    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

    @brandonthefreightbroker

    3 жыл бұрын

    wooah!!🥸🥸 that's a lot....

  • @RowdyBush

    @RowdyBush

    3 жыл бұрын

    Who and for which insurance. Shop around if so lol

  • @mstl5646
    @mstl56462 жыл бұрын

    get starlink bro

  • @DavidLopez-mk6oc
    @DavidLopez-mk6oc Жыл бұрын

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

  • @maxscelo4576
    @maxscelo45763 жыл бұрын

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

  • @arthurwilliams2738
    @arthurwilliams27383 жыл бұрын

    JW quoted me $2250 for a bond

  • @brandonthefreightbroker

    @brandonthefreightbroker

    3 жыл бұрын

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

  • @lilbull61270
    @lilbull61270 Жыл бұрын

    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