3. Pick a good name and register the freight brokerage business
You need to check with your state to see the entire legal requirement to starting a business there, but the FMCSA’s federal guidelines for brokers’ registration apply regardless which state you reside in.
But just like anything, you will need to name it and register it. It is advisable to check and make sure the name isn’t already taken. You want something that is not too generic but not elaborate.
For this, you can check a variety of sources; one should be your Secretary of State, for your state.
Furthermore, you will need to check with the US Patent and Trademark Office that the name that you have chosen is not already taken.
Something else you need to consider is how you’ll set-up your business. Will it be a:
- Sole proprietor?
- Partnership?
- Limited liability Company?
- Corporation?
Though you can do a lot of the research yourself, always seek legal advice.
