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LLC 101: Debunking the Myths About Running Your Own Freight Business

Ever wonder what it would be like to take ownership of your future and stop punching the clock for someone else? While becoming a freight entrepreneur requires hard work and tenacity, the payoff is undeniable! From financial freedom to the flexibility to serve your customers how you see fit, bringing your book of freight business to Tallgrass offers numerous advantages.

We’re sure you’ve heard a bunch of the myths surrounding running your own freight business. Today, we’re debunking those misconceptions so you can take your success into your own hands. 

 

Myth: Setting up an LLC is complicated

Reality: Setup Is simple!

We’re no stranger to questions surrounding limited liability corporations (LLCs). After all, at Tallgrass you operate as an independent freight agent. Being your own boss and owning an LLC, backed by the resources and support offered here at Tallgrass, is a pretty sweet deal. Do you know what it’s not? Complicated

You simply select a name for your LLC, register it with your state, and upon approval, obtain your employer identification number (or EIN). It’s that simple! Your EIN will allow you to continue setting up your business, from opening your first business bank account to procuring licenses to obtaining a tax ID number. 

What makes the LLC setup an especially pain-free experience is the support you’ll receive from us every step of the way. Our leadership and back office team provide everything from mentorship to financial assistance to ensure our agents receive top-notch guidance as they embark on their entrepreneurial journey. 

 

Myth: Running your own business = Less stability than W2 employment

Reality: Entrepreneurship allows you to control your own destiny

Switching from a W2 to a 1099 can feel like a big leap, but it’s empowering. You’re in control. You have the freedom and flexibility to build the career you’ve always envisioned for yourself. When you’re calling the shots, you’re not confined to certain tasks or reliant on external approvals. It’s YOUR customer base, from the very first call through the final invoice. You can customize service offerings, build genuine relationships and make decisions that will drive your business forward. 

As an entrepreneur, you can adapt to shifting markets and economic uncertainty without being at the mercy of C-suite decisions (Think: dreaded layoffs). As long as goods need to be transported from point A to point B, there is a tremendous amount of opportunity for you to seize. And there’s simply no greater stability than trusting in your own skills and knowledge to fuel your success.

 

Myth: Running an LLC requires tons of administrative work

Reality: Tallgrass’s back office team provides unparalleled support

Imagine this: a team of freight industry veterans a phone call (or email) away, ready to provide support and mentorship whenever you need it. Enter: our back office support team. From billing assistance and technical support to carrier relations and everything in between, our team provides agents with the tools and infrastructure needed to thrive. We’ll help you implement strategies designed to maximize your growth, all while providing crucial resources, like our best-in-class CRM, to streamline workflow and enable you to focus on what truly matters: building relationships and selling. 

 

Myth: Working for yourself is isolating and lonely

Reality: Enjoy the best of the entrepreneurship life, plus support and camaraderie

While many companies adopt a hands-off approach, leaving you to figure things out solo, that’s simply not our style here at Tallgrass. We believe in a different mindset and culture, one that’s supportive and collaborative. You have the freedom and flexibility to run your business the way you want to, backed by a culture rooted in camaraderie and ongoing development. From our Agent Roundtable event to financial coaching to our Club 250 trip, we are constantly investing in our people: helping them overcome challenges, brainstorm ideas for growth and reach new levels of success. We work hard, play hard, and celebrate each other’s wins. 

 

Myth: You’re constantly hustling, with no work-life balance

Reality: You control how you work and when you work

Will you have busy days? Yes. Will you have stressful days? Also yes. But this is YOUR business. You have the autonomy to create your schedule and build a career that fits your ideal lifestyle. 

Some freight agents elect to keep their book of business small and focused, so they can support themselves financially while maintaining a healthy chunk of free time. Others decide to build out small teams, constantly expanding their books and earnings while delegating tasks to assistants and the back office. The question you need to ask yourself is this: What do you envision for your future? The opportunity and support are waiting. It’s up to you what to do with it.

 

At Tallgrass, we empower our freight agents to create the lifestyle and income they deserve. Time and time again, our agents have only one regret: They didn’t make the move to Tallgrass sooner! You simply can’t find this level of support while building a business anywhere else. To learn more about joining our award-winning freight agent network, contact us today