FMCSA requires $75,000 financial security to operate as a freight broker in the US/Canada. Learn two options: BMC-84 surety bond (yearly premium to bonding company) vs BMC-85 trust fund (full $75,000 cash deposit). Most new freight brokers choose the BMC-84 bond due to the lower upfront cost vs the trust fund that ties up capital. Bond protects carriers and shippers if the broker doesn't pay. Must be filed directly with FMCSA before authority becomes active. Compare bonding companies and applica

Set up your freight broker home office like a professional brokerage. Essential equipment checklist: reliable computer, dual monitors, strong internet, dedicated business phone line, and professional email (@yourcompany.com - avoid Gmail/Yahoo). Required documents: broker-carrier agreement, shipper-broker agreement, credit application, carrier packet with W9, insurance requirements, and MC authorities. Professional branding essentials: domain name registration, simple website, clean logo, consis

Setting up your freight broker business from home? Learn the legal structure requirements, including LLC vs corporation registration, to protect against liability. Manufacturing plants require proper incorporation, and bond providers need registered businesses. Complete setup checklist: choose business name, check domain availability, file LLC/corporation, apply for EIN number, open business banking, create Google Business listing, and Facebook page. Avoid numbered corporations - use actual busi