COVID-19 doesn’t have to stop the creation of new businesses or the expansion of existing businesses. Some of the most successful businesses were launched during a recession (e.g. Apple, Microsoft and Netflix, etc). So if the desire to start (or expand) a business is still in your mind, you may want to consider the FedEx Ground Contracting Business Opportunity. Here’s what you need to know about the opportunity before getting started.
It Has Low Startup Costs
Startup costs for the FedEx Ground Contracting Business Opportunity amount to about $25,000. There are no acquisition fees charged by FedEx. You may also need to have at least 4 trucks of your own. If you do need trucks, this will increase your startup costs significantly. However, you may be able to obtain equipment financing or other types of financing to cover the cost of purchasing the trucks. To qualify for truck financing, you will likely need a minimum 650 credit score. You credit history should also be free of negative or delinquent accounts like late payments, collections, tax liens, or bankruptcies, etc.
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Is a FedEx Ground Contracting Business Right for You?
If you want to start a new business or currently own a transportation business, this could be a great way to expand it. FedEx is a well-known global brand and will give your business instant credibility. The FedEx Ground Contracting Business Opportunity also enables you to work hands-on (if you desire) and diversify your business portfolio. You can use you own equipment and team of employees to provide transportation and delivery solutions to your customers and FedEx. You will also be assigned exclusive territories, giving you the opportunity to dominate the market in your area. To learn more, visit the FedEx Ground Contracting Business Opportunity site and submit your contact information.