Starting a hot shot business involves transporting time-sensitive or urgent freight. This type of business offers advantages like flexible work hours, the potential for high earnings, and the ability to be your own boss.
Before starting a hot shot business, there are crucial steps to consider: acquiring the necessary licenses and permits, securing proper insurance coverage, understanding industry regulations, and having a solid business plan. Additionally, investing in reliable equipment, establishing a network of shippers and brokers, and marketing your services effectively are essential for success.