subject: 3 Criteria to Help You Choose the Right Home Based Business [print this page] 3 Criteria to Help You Choose the Right Home Based Business
So, you've made the decision to begin a business from your home. The creation of a brand new concept is the important first step in establishing any business, but choice of a business could make or break your entrepreneurial venture. However, a home business will not be for everyone. So, the question is - do you know what business you should start?
Any new home business you start must have the following criteria:
CRITERIA 1: You must have the ability to learn the business thoroughly and quickly.
CRITERIA 2: The business must be in high demand, be stable and sustainable.
CRITERIA 3: The business must be profitable.
One business that we know of that meets all of those standards is that of a freight broker.
A freight broker is a person or company that serves as a liaison between a firm that needs delivery services and an authorized motor carrier. Brokers use their knowledge of the transport industry and technological resources to help shippers and carriers accomplish their goals. A broker works to determine the needs of a shipper and connects that shipper with a carrier who is willing to move the items at an acceptable price.
Freight brokerage services are invaluable to both shippers and motor carriers. Many corporations discover the services offered by brokers indispensable. Actually, some companies retain brokers to coordinate all of their delivery needs. For their efforts, they can earn excellent commissions.
Let's realistic, though. Being a freight broker has some major drawbacks. To function as a broker, you must obtain a license from the Federal Motor Carrier Safety Administration (FMCSA). In all instances, you would be required to carry surety bonds as well. Up front costs for brokers might be very high as well since dispatch software programs and subscriptions must be purchased.
Regrettably, although being a broker might well be an exciting means for you to make money, as you can understand, it is not simple to get started. Now, you are probably saying to your self, 'why tell me about this great business just to pull the rug from beneath my feet'? Well...
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