Freight Forwarding Business Setup Costs

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  • เผยแพร่เมื่อ 29 ธ.ค. 2024

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  • @anoosh6059
    @anoosh6059 ปีที่แล้ว +2

    I am a new staff in a Freight Forwarding company ang I watch your videos for advice. Thank you❤

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      So happy to hear and thank you for your comment. I hope our videos are helping you.

    • @nikmih98
      @nikmih98 11 หลายเดือนก่อน

      Same here:)
      How is your work going? It`s been 9 months so I guess you learned the ropes of that business already?

  • @georgenamanu7839
    @georgenamanu7839 ปีที่แล้ว +3

    Hello from NZ
    I'm currently a studying freight forwarding. Thank you for your videos keep up the great content. Bless you for taking time to share your knowledge. Take care of yourself 💖

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      Hello George, thank you so much for your comment and support. It’s much appreciated and motivates me to make more videos. All the best!

    • @positive2030
      @positive2030 ปีที่แล้ว

      From where you study, work or in an institution?

  • @sujirao9855
    @sujirao9855 ปีที่แล้ว +1

    Thanks a lot really. Sharing your rich experience means a lot sir

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      So nice of you

  • @OnlyPlant
    @OnlyPlant 6 หลายเดือนก่อน +1

    thank you, you are wonderful person ❤

    • @ABTS
      @ABTS  6 หลายเดือนก่อน

      Thank you very much indeed for your kind comment.

  • @nikolaradakovic5050
    @nikolaradakovic5050 ปีที่แล้ว +1

    Sir well done for providing us such a valuable information.

    • @ABTS
      @ABTS  ปีที่แล้ว

      You’re very welcome and hope it helps.

  • @siddharthdwivedi5309
    @siddharthdwivedi5309 8 หลายเดือนก่อน +1

    Thanks for the insights ❤

    • @ABTS
      @ABTS  8 หลายเดือนก่อน

      You’re very welcome, I hope they are helpful to you.

  • @fatpulse
    @fatpulse ปีที่แล้ว +1

    bless you, for sharing your knowledge and great wisdom!

    • @ABTS
      @ABTS  ปีที่แล้ว

      My pleasure and thank you for your kind comment. I hope our channel is helping you.

  • @gatolinsor
    @gatolinsor 11 หลายเดือนก่อน +1

    Thank you for your video ! It would be interesting to see and hear your opinion for contracts between my company and client.

    • @ABTS
      @ABTS  11 หลายเดือนก่อน

      Thanks for the suggestion, I'm not sure what you mean about contracts between company and client? Can you be more specific? I'm not a contract lawyer but can see if I can do anything.

    • @gatolinsor
      @gatolinsor 11 หลายเดือนก่อน

      @@ABTS Sorry, I will try to be more specific. Under contract I meant terms which both parties should fulfill. Like when someone ask you for transportation services, you as a company will sign a contract with that client. You partially mentioned some interesting part in terms of payment in previous video, which is also part of contract/agreement.

    • @ABTS
      @ABTS  11 หลายเดือนก่อน

      @@gatolinsor Hello, I'm still not quite sure but are you referring to Incoterms 2020? This outlines where the risk passes from the seller to the buyer. Payments, you may be referring to a video that we did on Letters of Credit?

  • @mercygold701
    @mercygold701 ปีที่แล้ว

    Hi! Great video! Are you able to make a video explaining what exactly is a ‘Letter of Credit’ and the importance and process of it and why does one need that? Thanks!

    • @ABTS
      @ABTS  ปีที่แล้ว

      Hello, have you seen our Letter of Credit video here?: th-cam.com/video/t3Q_4IvbdO8/w-d-xo.html
      This may help and answer those questions?

  • @hayordeji
    @hayordeji ปีที่แล้ว +1

    Good day Alan, which of your courses is best recommended for a start up freight forwarder?

    • @ABTS
      @ABTS  ปีที่แล้ว

      Hello! The best course for a start up freight forwarder is our Export Documentation online course. Please see details of this here:
      www.abtslogistics.co.uk/full-syllabus/

  • @suyang2249
    @suyang2249 ปีที่แล้ว +1

    Hi Sir, thanks for sharing your experience. You didn't mention IT or software costs, isn't it necessary for booking and tracking shipments? Like to hear your thoughts about ITS cost fora start-up forwarding company. Thanks!

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      Hi Suyang, you make a great point but I didn't include here as it may not be essential for startups. Track and trace is free, provided by the carrier and costs can be kept track of with a spreadsheet initially. Of course as business grows and more cashflow is generated it may well be necessary to integrate some accounting software.

  • @talesfromsouthsudan
    @talesfromsouthsudan ปีที่แล้ว +1

    Good one, really helpful.

    • @ABTS
      @ABTS  ปีที่แล้ว

      So glad to hear it helped you Moniue.

  • @gryphontv4504
    @gryphontv4504 ปีที่แล้ว +1

    Thank you so much for your really educational videos. 🙏.
    I actually have a question.
    What is the process to setup a freight forwarding company in a country where import system works more than export. Even 80-90 percent of the goods are being imported to my country. And I really want to setup a freight forwarding business from the point of importers...
    😊

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      Hi @gryphontv4504 - if you want to help importers import their goods into your country you would need to become an import agent. I don't know the country you're located in so can't give specific advice.

  • @madihamoubarrir1692
    @madihamoubarrir1692 14 วันที่ผ่านมา

    is there any challenges opening a bank account with small capital as FFW? is it a RISKY activity?

    • @ABTS
      @ABTS  12 วันที่ผ่านมา +1

      No, not particularly. You can open a business as a sole trader or limited company. There’s no particular risk as far as limited funds in a business bank account, as long as you have enough to trade with. Hope this helps.

    • @madihamoubarrir1692
      @madihamoubarrir1692 6 วันที่ผ่านมา

      @ thank you very much for your reply 😊

    • @madihamoubarrir1692
      @madihamoubarrir1692 4 วันที่ผ่านมา

      @ is it mandatory to be VAT registered to work directly with SL. Which one is the best flat or standard ?

  • @fatpulse
    @fatpulse ปีที่แล้ว +1

    can you please make a video on verifying suppliers and how to buy safely!

    • @ABTS
      @ABTS  ปีที่แล้ว

      Hello! Please see our blog here that gives some of the basics on sourcing internationally: www.abtslogistics.co.uk/sourcing/. I hope it helps.

  • @WISE.23
    @WISE.23 11 หลายเดือนก่อน

    Thanks So much for this video, it is amazing,...

    • @ABTS
      @ABTS  10 หลายเดือนก่อน

      You’re very welcome and I’m so glad you found it helpful.

  • @gundarsnuka6921
    @gundarsnuka6921 ปีที่แล้ว +1

    Thanks you 😊

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      You’re very welcome

    • @gundarsnuka6921
      @gundarsnuka6921 ปีที่แล้ว +2

      @@ABTS Are you have any course export good to EU from GB,? Thanks 👍

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      @@gundarsnuka6921 Yes indeed, we have an online course that will teach how to export from the EU to UK. Please see the syllabus here: www.abtslogistics.co.uk/full-syllabus/

    • @gundarsnuka6921
      @gundarsnuka6921 ปีที่แล้ว +1

      @@ABTS Thank you.also this same course will be from GB to EU export goods?

    • @ABTS
      @ABTS  ปีที่แล้ว +1

      @@gundarsnuka6921 Yes it will, it will actually teach you to import export worldwide and includes one-to-one support so we are available to answer your questions.

  • @ethicalproperties
    @ethicalproperties ปีที่แล้ว

    Do you teach freight forwarding in the oil and gas trade from UK to Africa.

    • @ABTS
      @ABTS  ปีที่แล้ว

      Hi @ethiscalproperties, we don't unfortunately, That's very different as it involved chartering and we don't dive into this on our courses.

  • @vcrkm5222
    @vcrkm5222 ปีที่แล้ว

    Hello - greetings from India. I went to your website as I am considering enrolling in your course. I saw that if I click on the enroll now button, it says enrollment will only open on Feb 27. Is there any way you may consider bringing up your enrolment date forward a little bit? Thanks

    • @ABTS
      @ABTS  ปีที่แล้ว

      Hello! Thanks for you question. Please contact us and we will do our best to enroll you as soon as we can: www.abtslogistics.co.uk/contact-us/

  • @ttengineering7621
    @ttengineering7621 ปีที่แล้ว +1

    Hello there and good day Sir! Thank you so much for taking the time to educate us. I am following you from South Africa.
    My question is, as a beginner freight forwarder, if I choose to work with neutral freight wholesalers (NVOCCs) will a deposit still be needed in this case since I won’t be booking directly with the shipping line? And what are the requirements of working with neutral NVOCCs?

    • @ABTS
      @ABTS  ปีที่แล้ว

      Hi T&T, it would be unusual for an NVOCC to ask for a deposit, however if they did, try and negotiate it out by offering continuous business. Hope this tip helps.

    • @ttengineering7621
      @ttengineering7621 ปีที่แล้ว

      @@ABTS Good day Sir! Oh ok I follow, am answered thank you.. My name is Julian by way.. Enjoy the rest of your day.

  • @olivermartinez6242
    @olivermartinez6242 ปีที่แล้ว

    Happy Nee Year Alan. Though maybe a little late. My Alchemist I write this while driving my semi through Virginia US. I have 4 clients who want to give me $ to import products for them but I am not comfortable grabbing $ without vetting suppliers who I am in contact with. I have reach out to Chambers of commerce but no answer yet. They have giving me their VAT (EIN equal in US which I know how to check) How can I check in Europe? Thank you for your videos. Forever blessings Alchemist!

    • @ABTS
      @ABTS  ปีที่แล้ว

      Hi Alchemist, thanks for your comment. I'm not 100% sure of what your asking but I will answer as best I can. If you want to check VAT numbers of companies in the UK, us this link: www.tax.service.gov.uk/check-vat-number/enter-vat-details. For Europe, I believe you can use this link: ec.europa.eu/taxation_customs/vies/.
      Also, if you contact the embassy of the country you need the details of the company in, and speak to their commercial department and they can usually help. Let me know if this answers your questions or not. All the best, drive safe!

  • @Alwan-n9s
    @Alwan-n9s ปีที่แล้ว +1

    Greeting from Yemen

    • @ABTS
      @ABTS  ปีที่แล้ว

      Thank you!

  • @jojohehe3251
    @jojohehe3251 ปีที่แล้ว +1

    Your video series is wonderful. Please do take care of your diet and get some exercise, sir - I hope you are healthy for a good time to come.

    • @ABTS
      @ABTS  ปีที่แล้ว

      Thank you Jojo, I don’t plan on going anywhere for quite some time yet! 😁

  • @SheetalSRajs
    @SheetalSRajs ปีที่แล้ว +1

    Hello sir, can you please share your email id. We have few queries and would like to seek your guidance... many thanks..

    • @ABTS
      @ABTS  ปีที่แล้ว

      Sure, you can find our contact details here: www.abtslogistics.co.uk/contact-us/. Thank you.