Connect with us

Business Services

Freight Broker

Match shippers and transportation services as a freight broker.

Entrepreneur

Published

on

Business At A Glance

Freight Broker

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Online Operation? No

Business Overview

Trucking plays a major role in the nation’s economy–according to theAmerican Trucking Association, those big wheels generated $346 billionin gross revenues in the most recently calculated year, employed morethan 9.5 million people and hauled 6.5 billion tons of freight.

And 77percent of all American communities rely on trucks as their sole sourceof freight delivery. If you’ve got experience in the industry, youprobably also know that it’s the freight broker who keeps those trucksrolling by arranging for delivery of consignments large and small.

Ifyou love the song of the open road but you don’t want to be on theroad, then a freight brokerage may be just the business for you. As afreight broker, you’ll work with manufacturers, wholesalers anddistributors who need to get their products across town or across thecountry with the help of trucking companies.

You can specialize in LTL(less than a truckload) cargoes or in containerized ones. Theadvantages to this business are that you can work from home and it’s anindustry that’s unlikely to disappear–transportation will always be anecessity.

A background in the transportation industry is importantbecause you’ll need not only hands-on experience, but also contacts inthe field. If you lack this experience, work for another freightbrokerage until you learn the tricks of the trade.

You’ll also needexcellent organizational and time-management skills and the ability toget things moving quickly.

The Market

Your customers can be manufacturers, wholesalers and distributors ofany types of goods and materials. You can also target companies thatexhibit at trade shows or conventions and need booths and displaymaterials moved to various sites.

Place ads in trade magazines and onimport/export Internet sites. Send sales letters and brochures tomailing lists of prospective companies. Ask for referrals fromsatisfied customers and industry contacts.

Needed Equipment

You’ll need to be licensed by the Office of Motor Carriers (a divisionof the Federal Highway Administration, Department of Transportation),and you’ll be required to carry a $10,000 surety bond or trust.

Thenyou’ll want a computer with the usual office software, a laser orinkjet printer, and a fax machine.

Entrepreneur Magazine is South Africa's top read business publication with the highest readership per month according to AMPS. The title has won seven major publishing excellence awards since it's launch in 2006. Entrepreneur Magazine is the "how-to" handbook for growing companies. Find us on Google+ here.

Business Services

Errand Service Business Opportunity

Help busy people get through the day by providing an errand service.

Entrepreneur

Published

on

errands-business

running-errands-for-people

Business At A Glance

  • Business: Errand Service
  • Start-up Costs: Minimum
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Online Operation? Yes

Business Overview

Let’s face it; today’s busy lifestyles mean that a lot working people just don’t have time for even the simplest of errands, such as taking the family pet to the veterinarian for a routine checkup, buying AuntSue a birthday present, or picking up the kids after school.

Which is great news if you’re a multi-tasker looking to start your own simple,inexpensive, yet potentially very profitable business. An errand service can be operated with nothing more than a cell phone and reliable transportation.

Land clients by networking and by creating a simple marketing brochure explaining the services you provide along with your contact information.
Related: Start A Small Business, Become Self–Employed

The brochures can be pinned to community bulletin boards, hand-delivered to homes and businesses and distributed with the local newspaper.

A few promotional items such as pens and memo pads emblazoned with your company logo, name and telephone number given out to potential customers will go a long way as a daily reminder of your fast, reliable and affordable errand services.

This is the kind of business where growth is fuelled by referrals, so customer service and satisfaction are the most important goals.

The Market

Busy individuals who need a little help getting their day to day errands done. You can also market your services to small business owners.

Continue Reading

Business Services

Flier Distribution Service

Help clients distribute fliers with this low-cost advertising method.

Entrepreneur

Published

on

Business At A Glance

Flier Distribution Service

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Not only is a flier delivery service a veryeasy business to start, it also has the potential to generate afantastic annual income. Companies have used promotional fliers fordecades as a low-cost highly effective advertising method. Starting aflier delivery service requires no more than a telephone and a goodpair of walking shoes.

Currently, flier delivery services are chargingdelivery rates in the range of 7 to 15 cents per hand-delivered flier.As a method to increase your delivery workforce, consider hiringretirees and students to deliver fliers during busy times.

Continue Reading

Business Services

Personal Assistant

Busy executives and business owners can use your help with everything from answering phones to purchasing gifts.

Entrepreneur

Published

on

Business At A Glance

Personal Assistant

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Independent personal assistant services arebecoming extremely popular and widely utilized by business owners andcorporate executives that occasionally have a need for a personalassistant, but not on a full-time basis.

Duties performed by a personalassistant include everything from booking appointments to returningtelephone calls and, in some cases, even picking up dry cleaning.

Additionally, most personal assistants are required to have computerskills as well as their own computer equipment and often travel isrequired to accompany the client to trade shows, business functions,and out-of-town business appointments.

Continue Reading
Advertisement

SPOTLIGHT

Advertisement

Recent Posts

Follow Us

Entrepreneur-Newsletters
*
We respect your privacy. 
* indicates required.
Advertisement

Trending