Logistics Firm is an organization that delivers and stores the goods of different business entities, within the state (in India) or may indulge in Import/Export.
The scope of Logistics industry is very vast and varies from person to person, it can be a proprietary concern (individual person) having one or more small trucks; or may be the big players (companies) having 100s of big trucks and trailers or one who is involve in the transportation via Water or Air.
To start a logistics business, it needs huge investment and a thorough research of market conditions like areas you need to comprehend include the laws, operating cost estimates, license fees/permit expenses, toll charges, maintenance, fuel prices and other costs as well as vehicle performance methods and thus it is advisable to take it gradually and not over debt yourself in a rush to start with a big business structure.
The transport and logistics industry is a simple business to enter, however, the trick comes in sustaining the business and hence you can choose any type of business structure suitable as per your investment capability, partners in your business and other factors that may affect your business like Taxes, Compliance with the registrar of your business organization.
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