Friday, October 16, 2015

The $75,000 BMC-84 Requirement for Freight Brokers

From BryantSuretyBonds.com

Passed on June 29, 2012, and signed by the president on July 6th of the same year, MAP-21 is 599 pages of legislation that includes numerous provisions that directly affect interstate trucking companies and intermediaries.

One of the most talked about provisions is the requirement that freight brokers increase the amount of the bond/trust that they post for their license from $10,000 to $75,000. In addition Freight Forwarders, who were never subject to this requirement, must now also fulfill this $75K requirement. This bond must be in place on October 1, 2013.
The main reason this provision is so talked about is the fear of what this increase could mean to the “Mom & Pop” or midsized brokerage. Will they be forced out? Will bonding company’s requirements for approval be so high they will not qualify? Will they be required to collateralize the bond in an amount that cripples the way they are able to operate?
$25,000 Household Goods Broker Bond Starting January 1, 2012 the FMCSA will require all household goods brokers to submit a $25,000 bond. No license will be issued until this requirement is fulfilled.

Friday, October 2, 2015

Small Business Adminstration: How to Certify as a Small Business


Before you can begin business with the government your business must obtain the proper certifications. Small business certifications are like professional certifications; they document a special capability or status that will help you compete in the marketplace. Unlike permits and licenses, you do not need to obtain certifications to legally operate. However, in order to take advantage of business opportunities, such as government contracts, you may need to obtain some certifications.

Federal, state and local governments offer businesses opportunities to sell billions of dollars worth of products and services. Many government agencies require that some percentage of the procurements be set aside for small businesses. Certifying your business can definitely help you successfully compete for government contracts.


The Federal government sets aside certain contract bid opportunities exclusively for small businesses. In order to compete for these contracts, you must first register as a vendor with the government.


As part of the registration process, you will be required to enter information about your company in the System for Award Management (SAM) database. In SAM, you may self-certify yourself as a small business, but you must meet the Federal government's definition of a small business.


The US Small Business Administration defines a "small business" in terms of the number of employees over the past year, or average annual receipts over the past three years. Size standards vary by industry. Visit Am I a Small Business? to find out if you can be classified as a small business.


References on this page to the System for Award Management (SAM) will go into effect on July 29, 2012 until then please continue to use the Central Contractor Registration (CCR), and the Online Representations and Certifications Application (ORCA), to register your business with the government. SAM will replace CCR & ORCA on July 29, 2012. For more information on SAM visit www.sam.gov. If you or your customers require any assistance (troubleshooting, data concerns, general information, etc.) with SAM contact the Federal Service Desk at fsd.gov or by telephone at 1-866-606-8220.

Thursday, June 18, 2015

DAY 1: CHOOSING A NAME FOR YOUR NEW BUSINESS

I found this great article on Inc. com that discusses how to choose a business name for your new company.
Naming your business can be a stressful process. You want to choose a name that will last and, if possible, will embody both your values and your company’s distinguishing characteristics. But screening long lists of names with a focus group composed of friends and family can return mixed results.
Alternatively, a naming firm will ask questions to learn more about your culture and what’s unique about you–things you’ll want to communicate to consumers. One thing that Phillip Davis, the founder of Tungsten Branding, a Brevard, North Carolina-based naming firm, asks entrepreneurs is “do you want to fit in or stand out?”
It seems straightforward. Who wouldn’t want to stand out? But Davis explains that some businesses are so concerned about gaining credibility in their field, often those in financial services or consulting, that they will sacrifice an edgy or attention-getting name.
“However, in the majority of cases, clients want to stand out and that’s a better approach when looking at your long-term goals. Even the companies that say ‘I just want to get my foot in the door’ will usually begin wishing that they stood out more once they pass that first hurdle.”
Larger businesses can also end up with weak names but for a different reason. They “put a lot of money and time into testing a name to make sure that it doesn’t offend anyone and that everyone understands it,” says Alexandra Watkins, the chief innovation officer of Eat My Words, a San Francisco-based naming company. “That’s why larger companies end up having tame, descriptive, and flat names.”
The following guide will help you choose a defensible trademark and a search-friendly, recognizable name.

How-to Name Your Business: Utilizing Linguistic Tricks
As a small business, you’re likely willing to be a little bolder in your choice of names. Here are some ways to turn that instinct into a handle worthy of your brand:
•    Pick a name that lends itself to wordplay âŽ¯ Eat My Words, the naming firm, decided to toy with the food theme in its name. For example, its blog is called The Kitchen Sink. This theme can carry over into its other marketing and verbal branding collateral.
•    A strong name should be simple âŽ¯ Make it easy to spell and pronounce for starters, and meaningful to your audience, not just to you. Watkins says, “Any time you have to explain your name or apologize for it, you’re just devaluing your brand.”
•    Avoid using puns âŽ¯ A pun in your company name is risky. If you land a good one it can make your name super sticky, but you don’t want one that’s over used or too cutesy.
•    Don’t be a copycat âŽ¯ Pinkberry, a popular frozen yogurt chain, has spurred countless imitators with “berry”-studded names, so when a yogurt chain approached Watkins she wanted to help them find a really distinctive name. They ended up calling the company Spoon Me, and the name was such a hit that t-shirts and bumper stickers bearing the brand were flying out the door. “They’re making more money selling t-shirts and buttons and bumper stickers than they are selling frozen yogurt,” Watkins exclaims. When “people are paying you to advertise your brand that’s the ultimate in a good name.”
Dig Deeper: What’s in a Name?
How-to Name Your Business: Consider Your Domain Name
It’s indisputable that simple domains, particularly single words in the English language, are growing trickier to find, but experts don’t all see eye to eye on how to transform your company’s name into a search-friendly and memorable domain.
For example, Watkins believes that “in the Internet age you don’t want a name that’s spelled differently than it sounds. People won’t be able to find you online and you’re also always going to have to spell your name for people. “Christopher Johnson, author of the blog The Name Inspector, by contrast, points to Digg and Flickr as examples of Web companies that have created memorable misspellings. He also suggests that, “you have to decide whether you want your domain to capture generic search traffic, or whether you want it to be the basis for a [unique] brand.” It all depends on your marketing strategy and how you expect your customers to try and find you.
Here are some strategies for creating a strong, memorable domain name:
•    Short won’t work⎯If you’re expecting to find a domain with fewer than six letters, you’ve got another think coming. Sadly, the majority of them are already taken either by legitimate companies or by squatters.
•    Play around with phrases⎯Watkins gives the example of a company called Fireworks that makes candles. A phrase such as lightmyfire.com can capture the essence of the brand without sacrificing its mnemonic power.
•    Use a foreign word⎯Examples include Acer, a PC vendor, the name means ‘acute’ or ‘sharp’ Latin; Mahalo, a Q&A platform whose name means thank you in Hawaiian; and Ubuntu an operating system that takes its name from an African philosophy of interpersonal allegiances and relations.
•    Don’t cater to trends⎯”Way too much emphasis is being placed on putting keywords in your domain name,” says Davis. “That’s a short-term strategy based on current Google algorithms, and Google has changed its algorithms numerous times already.” Another way of approaching SEO, Davis suggests, is to buy keyword landing pages and direct them back to your brand’s main page.
•    The dot com question⎯It’s commonly believed that if your domain doesn’t end in dot com it’s in some way subpar. “I don’t know how they got this impression,” says Watkins. “An analogy that I like to give is the 800 number. We ran out of 800 numbers, then we went to 866, 877, 888. Nobody cared and nobody even really noticed. If somebody really wants to find you, they’ll find you.”
According to Johnson, many companies will start off with another extension and spring for the dot com once they’re bigger. Unlike Watkins, he believes  that a dot com domain “gives a company more credibility and has more ‘Google juice’ than other types of domain.” (Source)

Thursday, June 4, 2015

WELCOME TO BARGO LOGISTICS, LLC

Welcome to the official website for Bargo Logistics LLC. Bargo is an Atlanta based logistics company whose main goal is to raise the bar in terms of customer service and satisfaction with its supply chain services throughout North America. We on track to becoming the premiere logistics company throughout the world.
After practicing law on a corporate level for 20 years, I am ready to bring my legal expertise and business savvy to the powerful world of transportation.
This blog will share my journey of raising the bar for logistics around the world.
*Logo belongs to Bargo Logistics, LLC and any unauthorized usage is strictly prohibited.