Guide to Starting a Trucking Company
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Insurance and Risk Management2 Topics
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Compliance Matters4 Topics
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Introduction to the Trucking Industry3 Topics
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Business Structure7 Topics
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Importance of selecting the right business structure
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Understanding what a Sole Proprietor is
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Understanding Partnerships
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Understanding Limited Liability Company (LLC)
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Understanding Corporations (Inc)
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Understanding What The Best Structure Is For Your Business
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Obtaining an Employer Identification Number - EIN
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Importance of selecting the right business structure
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Authority and Permit Filing4 Topics
Participants 2
Welcome everyone to our comprehensive course on starting your very own trucking company! My name is Bill Hood, your guide and mentor on this exciting journey. This course, carefully designed by TruckingMBA, has been tailor-made to offer guidance and insights to brave and entrepreneurial individuals looking to steer into the vast and rewarding world of the trucking industry.
Beginnings, we know, can seem daunting. But trust me, with the right focus, effort, and determination, your ambitious dream of owning a trucking company can become a reality. Yes, it will be a challenging journey, but with the right guidance, we believe it will be equally rewarding too.
Introduction to the Trucking Industry
The trucking industry is the backbone of the American economy. It plays a vital part in supply chain networks, ensuring goods are transported across cities, states and countries. This is an industry that doesn’t sleep, and there’s always a high demand for reliable trucking services. With over 70% of all freight transported across the United States being moved on trucks, there are tremendous opportunities in this sector. This could be your ticket to spearheading a successful and profitable venture.
Instructors Background
Let me share a bit about my background, to instill a certain faith and confidence in you. With over two decades of relevant experience in the transport industry working with fleets of different sizes, I have had the privilege of experiencing many facets of this industry. I have navigated through both calm waters and rough waves, and I have learned a great deal from every single experience. It’s these learnings and insights that have shaped the TruckingMBA curriculum. It is now time to pass these along to you, the driven individuals planning to start a trucking company.
Course Overview
In this course, we will dive in-depth into the broad aspects of running a trucking business, right from understanding the roles and structures to crucial elements like federal and state licenses, insurance, risk management, compliance matters and much more. By the end of this course, you will have a solid foundation built around a thorough comprehension of how the trucking industry works and what it takes to run a successful trucking company.
TruckingMBA and I pledge to walk alongside you on this journey as we guide and support you every step of the way. We will not only help you get your company off the ground, but we will also furnish you with the essential knowledge needed to run and grow your business.
So buckle up and let’s embark on this exciting journey together. It’s time to turn those big dreams into a tangible and profitable reality!
Once again, welcome aboard. Let’s get those gears shifting! It’s full speed ahead from here, and we can’t wait to see where this journey will take us. Happy trucking!