How to Start an LLC for Dispatching (Truck & Cargo Van) | Trucking & Freight Dispatcher LLC in 2024

Business Geek
Business Geek
744 بار بازدید - پارسال - In this video, I showed
In this video, I showed How to Start an LLC for Dispatching (Truck & Cargo Van Freight) in 2024 Step by Step.

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Starting a limited liability company (LLC) for your trucking company can provide several benefits. Every day, thousands of trucks, trains, ships, and cargo jets are crossing the country to transport goods. Trucks alone move about 71 percent of the nation’s freight by weight. In 2016, there were over 33.8 million trucks registered for business purposes. Without dispatchers, commercial truck drivers would not know where to go. These professionals play a key role in the transportation industry.

An LLC structure offers limited liability to its owners, which can protect their personal assets from lawsuits and creditors.

For a trucking company, lawsuits can arise from things like lost inventory (such as after a truck containing customers’ belongings is stolen), or personal injury or property damage that occurs due to the truck driver’s negligence.

LLCs are also affordable, highly flexible (from a tax point-of-view), and can make your trucking company seem more credible. LLCs could also be a beneficial choice for trucking business owners because they can register in other states quickly. Owners will likely pick one state in which they would file as a domestic LLC. This would be the state in which their primary office was located. Then, they would file as a foreign LLC in the other states in which they conduct business. Registering as a foreign LLC is as simple as submitting paperwork to the respective state’s Secretary of State Department and paying the filing fee.

Truckers who are not employees of a company, but are instead independent contractors, should strongly consider registering themselves as an LLC. This should make no difference to the trucking company hiring the independent contractor, as they will submit a 1099 one way or the other.

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▶️AFFILIATE DISCLOSURE: This video and description may contain affiliate links, which means that if you click on one of the product links, I’ll receive a commission. This helps support the channel and allows me to continue to make videos like this. I will never support or push a product I don't believe in. Thank you for your support!

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پارسال در تاریخ 1402/04/25 منتشر شده است.
744 بـار بازدید شده
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