Q:

What are some of the startup costs for a trucking business?

A:

Quick Answer

Startup costs for a trucking business include legal expenses and truck costs. Optional expenses include logo design and painting the company logo onto its trucks. Typical startup costs for a trucking company are typically between $10,000 and $50,000, as of 2015.

Continue Reading

Full Answer

Trucking companies must pay the same business registration fees as other businesses. Another fee for trucking companies is a licensing fee through the U.S. Department of Transportation.

The trucks themselves tend to be the largest startup cost for trucking companies. Companies can buy or lease trucks. Those that purchase trucks typically pay a down payment and then obtain a loan for whatever they can't cover. Lease-to-own plans are another purchasing option.

Learn more about Managing a Business

Related Questions

Explore