Archive for the 'faq' Category

What Defines a Good Freight Broker?

Welcome back to Freight Brokers, where we’re going to take a look at some of the things you should know about how to which to find a good local freight broker that can help you to simplify a movement of goods that you want to undertake. In short, what defines a good freight broker?

The first thing to know when looking for reputable freight brokers is their age, or to see how long they have been in business. This is not always a solid indicator of the level of knowledge or even professionalism, as an old established business can be run by stale, bored or even unhelpful people, just as a brand new business can be run by enthusiastic, helpful and highly knowledgeable people.

However, in the first case, this is an exception to the rules, as generally anyone who has been in business a long time has done so because they know what they’re doing and have probably built up a large itinerary of regular customers who like to do business with them. In this business, with age comes experience and experience counts for a lot when it comes to knowing all the ins and outs of what can be a fairly complex business.

In the second case, the people running a new business may certainly be fresh and enthusiastic and even very helpful, but their lack of experience may be off-putting to customers. This shouldn’t be a barrier and often new businesses will have the savvy to employ at least one experienced person from who they can draw on that experience to cover themselves in all areas.

So in short, while you’re more likely to get a friend of acquaintance recommend a more established freight broker simply by dint of their length of time in the business, you can equally get a very good service from a newer business where enthusiasm and a work ethic to try as hard as possible to attract new business by proving they are good at what they do.

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How Much Money Can I Make as a Freight Broker?

Here at Freight Brokers, we’ve been answering some frequently asked questions about the industry,so in this post we’ll take another rather important question. “How much money can I expect to make as a freight broker?”

This is one of those questions that will have no set answer, as your individual earnings will depend on your personal abilities and how determined you are to succeed. It stands to reason that the more you focus your energy and are willing to invest in your own success, the more money you will make as a freight broker, or broker’s agent. As a ball park guideline however, you can expect to make from $40,000 to well over $200,000 or more per year as a full-time broker or agent. It’s nice to know that the potential for making money in this industry is virtually unlimited as you grow.

So leading on from that scenario, you may want to know how long it will take for your business to become profitable?

As in every business, it takes some time to build up your business and its customer database. Generally it can take anywhere between 3 to 6 months of focused, disciplined work before you’ll begin to show a substantial profit. But in some cases it can take much less time and sometimes more. However, once you begin attracting and securing customers, you’ll find that they generally have residual shipping, meaning the sale will repeat itself over and over.

So when you want to know the answer to the question, “How much money does a freight broker make?” the answer depends upon your level of success, which as in any business depends on many factors. These include your level of determination, your tenacity and persistence in the face of adversity and your genuine desire to help your customers succeed.

Simply put, if you mean to succeed, you will.

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