Business At A Glance
Startup Costs: $10,000 – $50,000
Online Operation? No
There are a few approaches that can be takenin terms of starting a trucking business. The first approach is tostart a trucking business, secure transportation accounts, and hiresubcontract drivers with their own trucks and equipment to service thetransportation accounts. The second approach is to purchase or lease atruck and work as an independent trucker, servicing your own accountsor subcontracting for a transportation firm.
Both approaches tostarting a business within the trucking industry have their pros andcons. However, be forewarned: the trucking industry as a whole isextremely competitive, and the rising cost of fuel, maintenance, andinsurance has resulted in drivers having to work extremely long hoursto generate any profit beyond a working wage. Profit potentialincluding income, $50,000+ per year.