Freight Brokerage Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Freight Brokerage Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Freight Brokerage business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
Freight brokerages are required at all times. This is due to the fact that manufacturers, wholesalers, and retailers are to have continued needs for shipping their merchandise to and from their locations. Freight brokerages have moderate barriers to entry given that they are required to have a number of federal and state licenses that allow them to accept funds for shipment as they delegated to other trump trucking companies that are going to actually provide the service. The barriers to entry for new for freight brokerage are considered to be moderate. Generally, the startup costs associated with a new freight brokering business runs anywhere from $25,000 to $150,000 depending on whether or not the freight brokerage will have to have a substantial amount of cash on hand to pay trucking companies for incoming shipment purchase orders. These businesses can be run with a generally low operating and overhead costs given that they do not need a fancy office in a highly visible location.
Most financial institutions are happy to provide some level of loan support to free brokerages given their highly predictable streams of revenue. The gross margins generated by a freight brokerage around 20%. If you are intending to raise capital to launch your business then you are going to need a business plan. This business plan should focus heavily on the freight brokering services offered, and analysis of the underlying costs of energy, as well as developing a full financial model. The financial plan should include a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page the futures pertinent information so that a lender to determine whether or not to provide a loan. Private investors also very much like investing in free brokerages given their ongoing economic stability and profitability. Within the business plan a full analysis should be developed regarding the market size, whether or not the freight brokerage will specialize in a specific type of product, competitor information, and other information relating to the ongoing operations of the business.
As it relates to the freight brokerage marketing plan, there is very little that needs to be done beyond establishing ongoing relationships with product distribution and retail businesses. For most,, these companies frequently work with other brokerages to in order to get revenues at the onset of operation. Additionally, many free brokerages need to develop ongoing relationships with owner operators of trucks. This ensures that the brokerage has a large fleet of potential service providers I can render transportation services immediately upon receiving an order from a client. A moderate amount of online advertising should also be carried out to not only attract potential product distributors and retailers but drivers as well.
A freight brokerage SWOT analysis focuses on the strengths, weaknesses, opportunities, and threats that are commonly faced by these companies. As it relates to strengths, again – overtures are always able to generate revenues given the strong demand for transportation services in the United States. For weaknesses, these businesses face significant competition among other brokerages that have established strong brand-name reputations in the market. As such, it is important that a new company within this industry maintain a brand-name that focuses significantly on cost-effectiveness as well as timely delivery. For opportunities, many freight brokerages will expand the number of service contracts that they have with product retailers and distributors. This will ensure an increase of billings on the year on year basis. For threats, one of the things that’s going to drastically change this business over the next two decades is automated and self driving trucks. It is expected that approximately 30% to 50% of jobs within this industry may vanish given that artificial intelligent drivers may take over. However, this is still some time away and there needs to be a number of regulations and laws passed as relates to the operations of these businesses. As such, it is important that the owner of a freight brokerage is aware of all these things but they can rest assured that it is some time away and that there’ll be significant. The time where a owner can properly restructure the business due to changes in technology.