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Trucking

About Startup Costs

The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.

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Business At A Glance

Trucking

Startup Costs: $10,000 - $50,000

About

Franchises Available? No
Online Operation? No

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If you like the wide open spaces, this might be the right business drive for you.

Business Overview

There are a few approaches that can be taken in terms of starting a trucking business. The first approach is to start a trucking business, secure transportation accounts, and hire subcontract drivers with their own trucks and equipment to service the transportation accounts. The second approach is to purchase or lease a truck and work as an independent trucker, servicing your own accounts or subcontracting for a transportation firm. Both approaches to starting a business within the trucking industry have their pros and cons. However, be forewarned: the trucking industry as a whole is extremely competitive, and the rising cost of fuel, maintenance, and insurance has resulted in drivers having to work extremely long hours to generate any profit beyond a working wage. Profit potential including income, $50,000+ per year.