Franchise Owner

Franchise Owner

Need some motivation for this business?

The American Trucking Association forecasts there will be over $1,400,000,000,000 (That’s Over 1.4 Trillion Dollars!) worth of freight that will be transported annually throughout North America in 2024! There are over 340,000 loads being moved every day, 1,700,000 loads every week, 6,800,000 loads a month, and over 82,750,000 loads a year!  There is room for every logistics company!

What is logistics?

Logistics and the terminology freight brokers are the same. Freight brokers act as intermediaries by arranging for the transportation of cargo between shippers and motor carriers. The freight broker then receives a commission for his service. The industry of freight brokering is very simple for a person who can multi-task efficiently. The broker simply finds a reputable motor carrier who will transport the cargo according to the requirements set forth by the shipper.

Transportation brokers utilize shipper and carrier databases, and other technological resources to locate those that will benefit from their services. Several companies find the services provided by freight brokers indispensable. In fact, some companies hire freight brokers to coordinate all their shipping needs. Many freight brokers gain experience in the industry by working for a shipper or carrier as a freight agent. In this way, an aspiring broker can learn knowledge of the industry, as well as establish a network of business contacts.

What Are Benefits of Being A Franchise Owner?

  • Have you ever paid for an online training course and you were still lost and still didn’t get any results?  You do not have to worry about that within our company because the best benefit is that our founder and CEO will show you step by step on how to be successful.  We will share the most effective strategies in order to become wealthy in this industry.
  • Start A Franchise With Minimum Cost
  • Build A Family Business & Leave A Legacy
  • Minimal Expenses That Yield Big Revenue (You Have Nothing to Lose)
  • No Degree Required
  • Be Your Own Boss
  • Work Virtually from Anywhere in the World

What is the Process of Logistics?

  1. Find a customer known as a shipper or manufacturer such as Nike, Walmart, Kroger, etc and obtain a Property Broker & Shipper Agreement
  2. Place the loads on the top load boards Truck Stop and DAT
  3. After load is placed on load board, carriers (trucking companies) will call you to book the load. You must do your due diligence by checking the carriers safety score. After checking the carrier’s score, you will then have to negotiate on the rate – THIS IS VERY IMPORTANT AS A SALESMAN.I. In your negotiation with the carrier, you must first do your research on the freight rate within that area and that specific lane. You should always negotiate at a lower rate.  If you start off with high rate, you can never come down. Remember, never give away the farm. You are entitled to make money as a freight broker. Every broker should average between a 10%15? profit margin on each load.  You should always aim for more than 20%.
  4. When you find the right carrier, the carrier will sign the Property Broker & Carrier Agreement if it’s the Carrier’s first time doing business with Spirit Logistics.  Once a carrier signs the Property Broker & Carrier Agreement, they won’t have to sign it again.
  5. The carrier’s dispatch will more than likely be the point of contact and communication.  The dispatch will send the Rate Confirmation to the driver which will include the date & time of the pickup & delivery, the  location, and the amount of the load. *Brokers should never tell the drivers how much the load is actually paying.
  6. You should then ask the dispatcher the ETA for the driver to pick up the load. If the dispatcher does not answer the phone, you may then contact the driver.  You will only contact the driver if you are in desperate need for an ETA. As you get closer to the delivery, you will have to contact dispatch again for another ETA for the delivery.
  7. The driver will be responsible for sending the Bill of Lading (Proof of Delivery) to the company he works for and they will invoice us themselves or through their factoring company. IMPORTANT: DRIVERS MUST SEND LEGIBLE COPIES IN ORDER FOR THE CARRIER TO BE COMPENSATED FOR THEIR SERVICES. If the driver or carrier submits a bad PDF or photo, they will be required to resubmit another document.

Who is our franchise owner program for?

Our franchise owner program is for individuals who desire to earn up to $1,000 a day or even more! Our partnership is for inspiring entrepreneurs who desire to to earn additional income.

Do I have to have my own trucks to be a franchise owner?

You do not have to have your own trucks to become a franchise owner. You will be able to use our trucks and other carriers to help transport the freight that you obtained from your customer(s) such as Nike, Walmart, and Kroger.

Can I work logistics part time?

You can work logistics part time, however, you may not experience as much success as someone who works full time.

How Much Money Can I Make As A Franchise Owner And How Does Compensation Work?

Some franchise owners will earn up to $1,000 a day and the more customers you obtain, the more you will earn.

All of franchise owners will receive 17% of the gross profit revenue.  Most accounts (Nike, Walmart, Target, etc) will profit anywhere between $30,000-$80,000 monthly!  As a franchise owner with only one account, that between $5,100-$13,600 with just one account.  If you obtain five accounts, that’s a monthly income between $25,500-$68,000 in your account!  That’s a yearly income between $306,000-$816,000.

Quick example for one account: You book 5 loads a day at $1200.  The gross profit will be $6,000 a day, however, you will not be able to keep the full $6,000 because we have to pay the trucking company to deliver the load.

Let’s say the trucking company (carrier) agrees to deliver the freight for $1,000 for all 5 loads.  We now have expenses of $5,000, however, with no risks, you just made $1,000 pure profit just by being the middle man – this is logistics!

Please note that booking 5 loads a day is the industry average.  There are some franchise owners who book 10-15 loads a day. Below is a better snapshot on how much you can earn as a franchise owner.

Here is where you THINK BIG!

Think for a moment for building a family legacy.  If you can commit to three people within your family to book 3 loads a piece, you will be at 9 loads a day! You will be on your way to making over $170,000 a year by doing minimum work!  You can pass on the work to your children or other relatives in the family. Remember, there are over 340,000 loads being moved every day, 1,700,000 every week, 6,800,000 loads a month, and 82, 750,000 loads a year!  There is room for every logistics company! So, what are 3 loads a day to you?

When will I get paid as a franchise owner?

You will be compensated via direct deposit when the Rate Con, Bill of Lading, and invoice have all been approved by the shipper which is typically within the same week.  Please note that it takes shippers 30-90 days to make payments so we have to factor your payment with our factoring company where they charge 3% of the transaction.

What Expenses Will I Have to Face As A Franchise Owner/Agency?

  • The total cost to brand your business is only $125.
  • Professional Business Cards & Marketing Announcing that You’re A Franchise Owner – $50
  • Professional Email Address for the Whole Year: $75
  • Business Phone Number: $15/month which can come out of your weekly or monthly settlement
  • Load Board Subscriptions: $99/Month

*These fees will be sent to you in addition to your franchise fee.

Will I have my own website as a franchise owner?

No, you will not have your own website as a franchise owner.  All franchise owners will use the same website at www.spiritlogisticsllc.com

How Much Money Do Need to Invest?

Our franchise fee started at $125, but now our franchise fee is $997.  When we get up to 25 Franchise Owners, we will increase our franchise fee to $2,497 so you might want to go ahead and invest now before we increase our franchise fee.

Will You Provide Training?

Our founder provides the best hands on training to ensure that you are successful in obtain customers. We will provide training online, in person, PDF, Excel, and Word documents.

How Many Franchises Do We Allow in One Location?

There is no limit on franchise owners in one location. Logistics is a “virtual” business.  You can live in Atlanta, GA and ship freight out of Dallas, TX while another franchise owner lives in the same city and ships freight out of Orlando, FL.

How Long Will Training Take?

Learning the transportation industry is a new learning curve for agents who’ve never been around. Training is ultimately contingent upon how eager you’re willing to learn. With our training, we believe you can become more acquainted with the industry between 3-12 months.

What will I receive as an franchise owner of Spirit Logistics?

  • Marketing Materials for Prospective Customers
  • Professional & Eye Catching Business Cards
  • Access to Letterhead for Contracts and Envelope
  • Professional Website Presence
  • Business Telephone Number With An Extension Directly to the Phone of Your Choice
  • Online Training Material
  • Carrier Package to Trucking Companies
  • Shipper Package to Shippers
  • Transportation Management System (TMS)
  • Access to Load Boards
  • Resources to Find Customers

What is my title?

Your title as an agent partner will be “Franchise Owner” who will be perform as an Account Manager and or Sales Agent.

Where can I work from?

You can work from home, your office, or anywhere in the world that has a great WiFi connection. Because you will be on the phone, we recommend that you find a place that is quiet.

What Items Do I Need to Work My Logistics Agency?

  • WiFi
  • Reliable Laptop or Desktop
  • Headset So That You Can Take Notes While Being On the Phone
  • Cell Phone
  • Good Administrative Skills
  • Confidence On the Phone
  • Ability to Take Good Notes
  • The Niche You’d Like to Learn,
  • Motivation & Determination to make calls, send emails, and network.
  • Tough Skin When Shippers Tell You No

How Long Will It Take for Me to Get My First Customer

Obtaining your first customer is solely up to you. You should have a goal of obtaining 1 customer a month.

What is the hardest thing about this business?

The hardest thing is obtaining customers and not getting frustrated when shippers tell you “no.”

Where Do I Go to Find Customers?

We have a PDF document with all direct links for you.

What is the most effective way to obtain customers?

We highly recommend that you utilize your relationships! Relationships! Relationships! Relationships! Start your logistics company by promoting your graphic and letting everyone know that you are a franchise owner. Post consistently on all social media outlets (Facebook, Instagram, Twitter, LinkedIn, etc) and ask friends and families if they work in the manufacturing industry or know anyone who does. You never know who knows who.

Which type of freight should I go after?

We recommend that you go after the freight that you may be interested in. If you are interested in food, go after food products.  If you like steel, go after steel.

If you want to make the most amount of money, the best freight to go after is HEAVY HAUL FREIGHT! This is the most profitable and lucrative type of freight according to industry experts.

Dry Van Freight (The 18 Wheelers You See On the Interstate) is the cheapest freight, however, you may have an advantage in bigger cities as more carriers are looking to get out the city. In highly populated areas,

Dry Van shipping is the most common type of freight transportation in the US. This type of freight is referred to as general freight. General freight is transported in Dry Vans which have roll up or barn doors with doors in the back of the trailer. It has no temperature control and is designed to carry pallets or boxes of cargo and any type of equipment.

Dry Vans are versatile in terms of freight shipments, both for local and over-the-road routes. Dry vans are used for moving non-perishable foods and beverages, textile and clothing items, plastic and building products. Freight claims are usually very low with this type of equipment as the freight is protected from the weather.

you can earn more money.

Industrial Freight (Flatbed, Stepdeck, etc)

One of the largest facets of the transportation industry is industrial freight. This freight will typically consist of many types of freight from a range of industry sectors. Your loads could move as little as 25 miles and up to 3,000 miles depending upon your customer. This type of freight is typically very easy to move, as there are rarely any claims involved with it. Rates tend to be good year- round for this type of freight because it is not a seasonal product.

There are many different freight and equipment types involved. The equipment you select will depend on the freight type transported. Even though almost every type of trailer will have the ability of transporting most freight types, certain trailers will be able to transport it more economically.

Freight Types

  • Cable Reels
  • Steel Plate
  • Steel Coils
  • Pipe
  • PVC
  • Towers
  • Tubing
  • Building Materials
  • Machinery
  • Lumber

Overweight – Over Dimensional Freight

The legal dimensions and weights vary between countries and regions within a country. A vehicle, which exceeds the legal dimensions usually, requires a special permit, which requires extra fees to be paid in order for the oversize/overweight vehicle to legally travel on the roadways. The permit usually specifies a route the load must follow as well as the dates and times during which the load may travel.

An oversize load (or overweight load) is a load that exceeds the standard or ordinary legal size and/or weight limits for a specified portion of road, highway or other transport infrastructure, such as airfreight or water freight. There are also load per axle limits. However, a load that exceeds the per-axle limits, but not the overall weight limits is not overweight.

Oversize Load Examples

  • Cranes
  • Wheel Loaders
  • Bridge Beams
  • Generators
  • Windmills
  • Combines
  • Pressure Vessels
  • Storage Tanks
  • Oil Rigs

Additional Info about the Typical Daily Routine

  • When a load is available, you will call your owner operator with all the details to see if he/she wants to take the load. You will get to know the personality of each dispatcher or owner operator and know who is more flexible than others. It is important that you negotiate the best freight rate before approaching your owner operator. The more you get for the carrier, the more you
  • If the owner operator wants the load, call and secure the load right away. The owner operator will want you to check their credit, but securing the load will keep it from going to another company. The credit department of the trucking company moving the load will have to approve the credit
  • If credit is not granted, let the customer know immediately by calling and explaining that they were denied credit and require prepayment by credit card, wire transfer or any other carrier approved form of payment before accepting the
  • When finding loads on an internet load board, you will find out very fast which companies are reputable and want to stick with them. If you find a load that is really high paying in areas that should be low, Use Caution. It probably is too good to be true. These tend to have problems attached to them. Have the credit checked thoroughly as this is a problem waiting to
  • If everything is good to go with the load, you will need to get your motor carrier set up with the customer, they will send you a carrier package if this the first load you have ran with their company. You need to fill this out right away and return it with the owner operator
  • Once the paperwork is completed, the shipper or freight broker will send you a rate confirmation that will need to be signed also. It is important that you review the details of the rate confirmation thoroughly such as the pick-up and delivery locations, times, dates, the commodity, weight, and of course the freight rate. Read the fine print for any unreasonable requests, fines, or
  • If the rate confirmation details are correct, sign and return to the customer ASAP. If you do not get it back to him or her within a short period, they may think you are not interested and give the load to another carrier. If you do not receive a rate sheet shortly after confirming the load, call them to get the status on when it will be sent
  • After signing the rate confirmation, give the owner operator the details and ask that he call you when the truck is loaded. He should call you with any problems, which should be relayed to the customer
  • You should call the customer when the truck is loaded, unloaded and at least daily while it is in transit. This is known as a “Call Check”. This is part of your service. When the load is delivered, the truck will send the BOL to you. You should verify that the load has delivered and then contact your customer with the update. The load is now complete!