NO ONE KNOWS THE IMPORTANCE OF KEEPING THINGS MOVING BETTER THAN THE OWNER OF A FREIGHT BROKERAGE.
Transition planning is no exception. When you are ready to begin your transition plan, it can be even more complicated than the logistics that drive your operations. Planning and executing your exit strategy from your business is no simple task. Between concern for your team, loyal customers, operations, finances, and overall legacy, the prospect can be as overwhelming as it is necessary. Consider the following facts:
85%
of all small business owners have their financial wealth locked up in their companies
75%
of leaders indicate that they are unprepared for succession challenges
65%
of small business owners wish to pass their companies to their family members, but only 15% ever do
60%
of business owners state they do not have a formal succession plan
FOUNDED IN 2022 BY FREIGHT AND M&A VETERANS;
Final Mile works with small to mid-sized freight brokerage owners and agents to develop a transition or exit plan that best addresses their needs and concerns.
Our solutions are tailormade to combine industry and technical expertise to ensure that, whether you are hoping to cash out, step back, or empower your team to navigate the roads ahead, your legacy is in safe hands.
THE FINAL MILE BACKSTORY
The problem many companies have or will face is size; all too often they are too small to attract substantial private equity investment. Many investors do not understand the space, which means freight brokerages are undervalued or targeted in the spirit of selling off pieces of the business after the transaction. Neither of these scenarios appeal to freight brokerage owners and agents who have dedicated their lives to building a company. The situation becomes even more complicated for owners who were hoping to pass their freight brokerage down to family or other members of their company.
OUR VALUES
Service
Our clients always come first. That is why we take the time to get to know you, your business, and your goals to craft proposals that make sense for you and your valued team members.
Transparency
The intricacies involved with company transitions might be difficult to navigate, but we work with you each step of the way to make sure you understand all of your options and the details involved.
Commitment
Our interests are aligned with those of our clients, which means we will work tirelessly to deliver mutually beneficial results for all parties.
Integrity
The track record of our leadership speaks for itself. You can be confident you have chosen a professional partner in Final Mile.
WHY FINAL MILE?
Freight brokerage transitions often present complexities that extend well beyond the complicated operations of the companies themselves. For this reason, many executives wisely choose to work with professionals specializing in the development and implementation of effective strategies. Freight brokerage owners specifically benefit from working with Final Mile for several reasons:
- Experience
- Final Mile was formed in 2022 by freight and Investment Banking professionals.
- Expertise
- On top of understanding the space you operate in and the challenges you face, our professionals specialize in the legal and financial processes you will need to navigate.
- Capital
- With immediate access to capital, Final Mile has the ability to close in an efficient manner.
- Relational Focus
- We know that the world of freight brokerages is fueled by the building and maintenance of relationships with both your clients and team members, which is why we center our efforts on supporting those connections.
- Risk Mitigation
- In a world of constantly shifting economic factors, our efficient and thoughtful process limits downside risk by locking in financial security today.
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WHAT OUR CUSTOMERS
HAVE TO SAY
“We use K & L Freight Management on our critical shipments. They come through on all of their promises, getting the shipment there safely and on time. Customer service is top notch and I highly recommend them to other manufacturers.”
WHAT OUR CUSTOMERS
HAVE TO SAY
“They have been a gigantic asset for our organization. The dedicated customer service team answers phone calls both day and night with helpfulness and an attitude of professionalism.”
WHAT OUR CUSTOMERS
HAVE TO SAY
“They have been instrumental to our success for over the past 20+ years. They do an excellent job and offer high quality services. I would say their key strength is excellent communication on status.”
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Use this space to tell everyone about what you have to offer.
IS FINAL MILE RIGHT FOR ME?
Take our quick assessment to find out how our solutions can work for you and your freight brokerage.