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How To START YOUR HOTSHOT TRUCKING BUSINESS

Where do you start? What should you do first? What should you do next? Well, here’s the order of the things you need to do. It’s a step-by-step guide with nine clear steps. Just follow along. 1. OPEN AN LLC IN YOUR STATE You need a business to get paid. Regardless of what you do — whether you’re a driver, owner, operator — you’re going to need a company. So you open your own business. You could either go to LegalZoom or do it yourself — either is fine. But doing it yourself is a little cheaper. 2. GET A TAX ID NUMBER This is also called an EIN (Employer Identification Number). It’s like a Social Security number for your business. Your business can now accept checks and other payments. Once you have your LLC and your tax ID number, you can take those two things and go to the bank for the next step. 3. OPEN A BUSINESS BANK ACCOUNT When you open your account, put down your initial deposit, whatever that is — $1,000, $5,000, or $10,000. Going forward, deposit all payments to this account. ...