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By: Zach Morgan, Fri Jul 2nd, 2010
Unemployment continues to grow as business fold and industries sag. Downsizing and golden handshakes are the main topic at most gatherings, “Oh you too?” While some begin the resume submission process, thousands are finding alternatives by working for themselves, either starting new store fronts or establishing home businesses. Working from home is the perfect solution for a number of reasons.
Primarily, you can be your own boss, set you own hours, and have the flexibility and freedom to work around mobility issues and family obligations. Often the initial investment can be minor to become a small business owner. The home computer has opened up a myriad of opportunities, enabling people to work from home. One interesting home business on the rise is that of transportation or freight broker. A freight broker serves as liaison between companies with something to ship and a carrier. The freight broker receives a fee from the shipper, who saves on a full-time salaried worker, and the trucker can be assured of full loads.
Becoming a freight broker takes some time and usually attracts someone with previous knowledge of the business, perhaps by working for a carrier. These past connections can help establish a new customer base. Experienced freight brokers suggest one focus on a particular area, at least at first, and concentrate on a single segment of the business, such as livestock, or agriculture. There is any number of freight broker schools to be found online. After training, one must become licensed, insured, and bonded.
Surety bonding is essential as it required by state regulations and is required in order to do business with most carriers. The broker bond acts as a guarantee to protect the carrier in case the broker refuses to pay for services. Broker bonds or transportation bonds are available through a bonding company, such as Surety 1, Surety Solutions Insurances Services, Inc.
You can apply online for your freight broker surety bond on the Surety 1 website; approval takes about 2 business days. They will check your credit and financial history. The rates for the transportation broker surety bonds will vary according to this information. Surety 1 has an experienced staff ready to answer questions and concerns either online or by phone. Check out the site for complete information on how to apply. Surety 1 sells all types of Surety Bonds, including ICC bonds for carriers. Get on the road to your financial independence.
With Surety 1, there are no broker fees, processing fees, credit card fees, underwriting fees to apply for a transportation broker bond. Surety 1, Surety Solutions Insurance Services, Inc, can supply ICC bonds for carriers as well.