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Cargo Van Business Episode 5 - My Start Up Cost

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Big CJ

Big CJ

Күн бұрын

I took the day off today to get this content out asap. I do apologize for the long video, it is 40 minutes long. There is a lot of info you need to know when starting your own cargo van business and I want to help as much as I can. I have a great deal of respect for anyone who walks away from their 9-5 job and becomes their own boss.
This video covers what I did step by step to start my business, how much I spent out of pocket and how much money I think you should have based on my experience when getting started. There are several expenses and obstacles you must overcome in this business. If you are dedicated and determined, this business could be life changing. The links below are videos I used when obtaining my EIN number from the IRS, my LLC in Texas and how to fill out the application on FMCSA website for my authority (DOT & MC)
EIN: • How To Get Your Tax ID...
LLC: • Video
FMCSA: • GETTING YOUR TRUCKING ...

Пікірлер: 357
@NaturalSounds111
@NaturalSounds111 Жыл бұрын
You need business credit asap. Do it with Navy Federal. That's how your business will grow fast. Use it for gas/ equipment and vehicle payment everything else. Pay off every month. Great video. 👍
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate that info, I have a NFCU account already, I will be building business credit.
@UnWrapWJRap
@UnWrapWJRap Жыл бұрын
The other benefit of a business credit card is that you can also earn miles/points/cash back in those cards, and you personally can spend those earned credits on whatever it is you want to, it doesn’t have to be for the business. Earn and use the banks money, not your own.
@MajorrBison
@MajorrBison Жыл бұрын
​@@BigCJCargoVan Can you still change your business address even if you started with your home address?
@ThatManDWill
@ThatManDWill Жыл бұрын
​@MajorrBison yes you do this my updating your LLC
@dynasty5618
@dynasty5618 Жыл бұрын
​@@BigCJCargoVan I don't have Navy, but i do have Pentagon Credit union...will that due?
@darkhunk2
@darkhunk2 Жыл бұрын
Mann this might be the best cargo van vid ,so clear 👏🏾thanks brother
@mebeotto9208
@mebeotto9208 Жыл бұрын
I’m still learning here, I’ve watched tons of KZfaqs on cargo van and I found yours to be informative and straightforward. Be safe on the road.
@norrieshow1733
@norrieshow1733 2 ай бұрын
Good solid info. I like the financial breakdown appreciated
@mikegraham3040
@mikegraham3040 Жыл бұрын
Now go gettem!!!! If you put in 8-10 hrs , 3-4 days a week, you’d pay that van off double time
@MiguelLlop-vl2yz
@MiguelLlop-vl2yz 11 ай бұрын
LLCs or INCs also protect you with your taxes. You will be an employee of your LLC , your LLC pays you a salary and you in turn pay your taxes according to that salary and not by how much your company made. It’sa HUUUUGE difference taxes wise.
@BigCJCargoVan
@BigCJCargoVan 11 ай бұрын
Right, learning all of that now 👍🏾
@carlosmahr5338
@carlosmahr5338 Жыл бұрын
Thanks for the real advice. 1st real video explaining the process. Pro's, con's and all. You are appreciated. P.S. don't worry about the length of the video you kept the content interesting and on point so anyone who wants to learn will watch it.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate that, I know people who are serious about the business will watch it, 👍🏾
@miguelgomez7226
@miguelgomez7226 Жыл бұрын
Hey brother it's miguel from Florida thank you respectfully for your service know why like your videos I'm also a disabled combat veteran respectfully miguel
@kameokameo8244
@kameokameo8244 Жыл бұрын
Thanks for going into detail on starting a cargo van business
@redbarnhill
@redbarnhill 7 ай бұрын
Thank you for taking the time to outline so many details. Best video thus far 👏
@BigCJCargoVan
@BigCJCargoVan 7 ай бұрын
Appreciate you 👍🏾
@LuisFlores-wd3jy
@LuisFlores-wd3jy Жыл бұрын
I took the same steps on Dot going to get my LLC , and get my mcs plus what I did .I work in the warehouse my job always shipping small loads starting with them
@briandawsonii4451
@briandawsonii4451 Жыл бұрын
Coming from the CDL world definitely thinking about cargo van life.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Nice, yea CDL big money but cargo van is alittle easier to manage and less regulations. Best wishes whatever you decide.
@ahmondeboxley2950
@ahmondeboxley2950 6 ай бұрын
I know someone that stared a business like this found a Ford F-250 cargo van $1000 put a new motor and transmission was out of about $4500-$5000 cheaper than $50,000 good that you are teaching this nice video and review
@DJBOOGDAGREAT
@DJBOOGDAGREAT 6 ай бұрын
Iam doing it right now as we speak
@BigCJCargoVan
@BigCJCargoVan 6 ай бұрын
Very inexpensive way to start, very smart 👍🏾
@i_c_y_u_n_v_me
@i_c_y_u_n_v_me 5 ай бұрын
Bro the amount of gems in this video, it’s crazy , it was worth every second, you also seems pretty organized too lol I don’t even watch long videos god bless you brother
@davidbalderston2751
@davidbalderston2751 Жыл бұрын
Thank you for your service. I wish you success in your business and Blessings from Our Lord.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Thank you, appriciate your support
@drewblaze5901
@drewblaze5901 Ай бұрын
Great speaker for sure. Great information very informative...
@BryanBiggzTV
@BryanBiggzTV 2 ай бұрын
No sir, I didn't cut it off. I watched the whole thing. Very useful information for someone like me who is a month out from buying my van. This is the video I needed, someone from my area as well. Im positive I will run into you one day, remember this comment! All love brother.
@donatelloDoesmachines13
@donatelloDoesmachines13 5 ай бұрын
you seem like a good dude, hope all is going well for you. thanks for the info
@chadjoseph5058
@chadjoseph5058 9 ай бұрын
You a man of God . Very transparent & honest. You gave us ton of information which most of us don’t know about. I pray for you to prosper in the name of our savior Jesus Christ .
@BigCJCargoVan
@BigCJCargoVan 9 ай бұрын
Amen, and thank you very much for your support 👍🏾
@chadjoseph5058
@chadjoseph5058 9 ай бұрын
Man you are going good job. I’m watching & listening carefully to your advices, coz I’m about to purchase my 2023 sprinter to start going these things , in San Diego
@Chxxstxxn
@Chxxstxxn 3 ай бұрын
Off work and still going learn something
@JaysonFlint
@JaysonFlint Жыл бұрын
Great video I have one request because your info is so helpful. Next time use SEO titles like for this one it would do better with the title “ Discover the essential cargo van startup costs to launch your business successfully“ that should help this get to the people who really value and need this content. Good luck bro I subbed
@KJ-2468
@KJ-2468 Жыл бұрын
Thanks for this. I’m about to make the transition myself & came back again to watch this a 2nd time. Really good stuff!!! I subbed a while back and your channel has grown fast. Gonna watch the retirement one again soon, CONGRATS on making 1k.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Hey, thanks alot for your support. I love to hear comments like this. Really glad I could be of some help and wish you the best in whatever you decide to do. Glad the channel is growing, just shows that there are alot of people interested in this business, that's what motivates me.
@Stanley-ps6fe
@Stanley-ps6fe 2 ай бұрын
great job thanks for all the good information
@haikudragon1002
@haikudragon1002 Жыл бұрын
Thank you bro! Been looking to get into the cargo van business recently this week, never knew they made as much as truckers which is insane! This advice has helped me think of a different avenue of attack for starting my business step by step. In one video a guy recommended renting an office space so your physical address is not listed, never heard of a registered agent! Very helpful info.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Really glad you found my channel and were able to get something from it, that's what it's about. Yea I think Reg Agent is the best option. Your prior experience, I'm sure you'll have great success, best wishes to you.
@haikudragon1002
@haikudragon1002 Жыл бұрын
@BigCJCargoVan Thank you brotha! Keep the hustle on we are all proud of you! You got my sub allways.
@SwiveldUgh
@SwiveldUgh Жыл бұрын
BEST VIDEO . THANKS IM STARTING DEC2023 . IM GETTING READY.
@kevinb9371
@kevinb9371 Жыл бұрын
Excellent information! Good video 👍
@Sci-Fi_Fan296
@Sci-Fi_Fan296 Жыл бұрын
I'm just starting out on this journey brother and just purchased my 1st van. Looking forward to following along with you on this journey as I plan to get started asap as well! Keep up the good work! This is very encouraging.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate the support 👊🏾 and best wishes to you on your new journey
@afghanfilm
@afghanfilm Жыл бұрын
good luck
@7Karatemasters
@7Karatemasters Жыл бұрын
God bless you! Good luck!
@313SelfMade1
@313SelfMade1 5 ай бұрын
How is it going I’m gone buy a van next month
@daveschmave
@daveschmave 5 ай бұрын
i'm trying to get into this industry and i really appreciate the video, lots of good info and super helpful, thanks bro
@5Nivram
@5Nivram Жыл бұрын
I really thank you for these videos, dude you are a really good person for sharing this information and it is helping me very much with my decision to start a cargo van company.
@BigCJCargoVan
@BigCJCargoVan 11 ай бұрын
Glad to help and glad to hear that. Thanks for the comment and wish you the best 👍🏾
@edwardcorrea3350
@edwardcorrea3350 Жыл бұрын
Good video. Excellent presentation.thanks
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Thank you, glad I could be of some assistance
@bruceleelee3823
@bruceleelee3823 Жыл бұрын
I'm looking into the business myself. Love the video. Wish it was longer...lol
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate you 👊🏾
@manuelMendez-lw1rf
@manuelMendez-lw1rf Жыл бұрын
Thanks for sharing. I'm very Interested to do this on 4 months from now.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Good luck to you, do your research and you have to put your heart into this, there can be moments of stress. Saving enough start-up money will save you a lot of stress
@manuelMendez-lw1rf
@manuelMendez-lw1rf Жыл бұрын
Thanks I'm watching your videos all this morning you have a new subscriber. I'm from NY .how can I get in touch with you?
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Best way to reach me is through Facebook messenger for now. facebook.com/profile.php?id=100040520351080
@easyaccess2me
@easyaccess2me Жыл бұрын
Very informative video , keep bringing good content
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Will do, appreciate U 👊🏾
@larrybloyd8840
@larrybloyd8840 3 ай бұрын
I like the way you explain things man thanks
@debbiewalker4084
@debbiewalker4084 Жыл бұрын
Great video CJ, thank you so much!
@ajtony7283
@ajtony7283 Жыл бұрын
Hey man, thank you so much for all that information I want to start my cargo business and I need all info that I can get I'm I kansas so I'm keep watching to learn more thanks
@ajtony7283
@ajtony7283 Жыл бұрын
Thanks
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Absolutely, watch videos, take notes, and definitely study your market. I know some of these gig apps are not in every city. Best of wishes to you👊🏾
@ajtony7283
@ajtony7283 Жыл бұрын
@@BigCJCargoVan Thanks man best of luck to you 🙏
@jaypesos6788
@jaypesos6788 Жыл бұрын
People always want to talk about buying something new like everybody got it like that by within your budget folks if you can get into the game with a used truck do it. Everybody doesn’t have the credit or the cash to put down on a new truck. Don’t let that discourage you I don’t have a new truck and I’m doing fine been in the business two years. Where there’s a will, there’s a way.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Can't argue with you there. I seen some vehicles with 400k miles making money. They smokin up the joint but stay within your limits and the growth will take care of the rest. Start when and where you can. Appreciate the comment and wish you the best in your business 👍🏾
@kevinschmelzlen3848
@kevinschmelzlen3848 8 ай бұрын
Great content! Perfect length video
@BigCJCargoVan
@BigCJCargoVan 8 ай бұрын
Appreciate you 👍🏾
@jay409.12j
@jay409.12j Жыл бұрын
Good video bro 🙌🏾 I'm thinking about starting me a business and your video was real informational. I have to keep up with you and your business journey 👍🏾 keep up the good work if i have any questions ill be sure to contact you 👍🏾 Nothing but great wishes to you !!!!!!
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Thank you and wish you the best, appreciate the support 👍🏾
@DLynnsLYFE
@DLynnsLYFE 10 ай бұрын
Oh WOW, did not know the information about insurance... GREAT info to know!!!
@BigCJCargoVan
@BigCJCargoVan 10 ай бұрын
Appreciate that, glad to help anyway possible 👍🏾
@paulanderson3523
@paulanderson3523 Жыл бұрын
Great information! Thank you!
@DosCuervos2
@DosCuervos2 Жыл бұрын
Thank You brother for the information. I know you weee getting uncomfortable on the length of the video, I loved all the info and the insight you provided. I could have enjoyed your advice for another 30 minutes 😅
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Lol, appricate U and glad to help. I am planning on doing another video much shorter now that I'm getting more experience.
@411techhelp
@411techhelp 7 ай бұрын
very good info, one thing you forgot is yr medical card (if hauling freight under MC& Us dot numbers)(mec or dot card)is around 80 to 100 bucks
@BigCJCargoVan
@BigCJCargoVan 7 ай бұрын
👍🏾
@F_e_l_i_x_
@F_e_l_i_x_ Жыл бұрын
Very good information. Thank you for explaining what you went through to start up.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
No prob, glad to help 👍🏾
@jeanss113
@jeanss113 Жыл бұрын
God bless your life always , thank you for the clarity . and dedicate your time with such important information. and absolutely free. 🙏👏
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate that, glad you are benefiting from the info. Appreciate the support 👍🏾
@dand6298
@dand6298 13 күн бұрын
THANKS FOR ALSO SERVING! 🇺🇸 🌎 🫡 Im working on a cargo van business with another fellow military veteran. Unsure if we should start off the business in NV or go back to TX. 🏅 In Texas Medal of Honor, Legion of Valor and Purple Heart recipients, as well as disabled veterans who qualify and meet the requirements get free HOV lane tags. 🌟 LLC's are free for Veterans in Texas. 🌟 Also you mention not paying franchise tax for 5 year's for also being a Veteran. 🌟 Waived formation fee 🌟 Veteran entrepreneurship program
@Mr.MoydTV
@Mr.MoydTV Жыл бұрын
Just helping out the EIN is free to get with your Secretary of State and it ONLY tells the government how to tax you. For business credit you should register for a FREE DUNS number with Dun & Bradstreet (biggest business credit bureau) this is what you use to establish your business creditworthiness (may have to pay) some job boards even utilize it to see if your capabilities before awarding you a job. When you provide your EIN financial institutions are just going to use whichever credit report is better. Since most businesses never report business expenses, vendors, and revenue they use your personal which eliminates the whole point of an LLC
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Thanks, appreciate the info 👍🏾
@truckercalvin2508
@truckercalvin2508 Жыл бұрын
Im going to use my pu truck starting out
@cedricferrell8577
@cedricferrell8577 Жыл бұрын
Good video! I'm in Texas also.. I'm researching this business too. Thanks for the info!
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Nice, definitely do your research and see if this business is for you. Best wishes to you 👍🏾
@PastorWhite3
@PastorWhite3 Жыл бұрын
I'm having a hard time getting a rental van and it's a bit pricey on my end. I'm trying to start so I can finally have financial freedom
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Yea, it's hard to decide if you want to rent or buy starting off. I personally don't like the idea of renting, but I do know some people have success with it. Continue to do your research, that's most important. Wish you the best 👍🏾
@triceyrox
@triceyrox Жыл бұрын
I really appreciate u sharing your journey! Thanks for the useful info. Me and hubby will be starting a cargo business soon🙏🏾New subbie!!
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
That sounds great, this journey has definitely changed my life. I truly wish you the best and you and your husband great success. Thanks for the sub 👍🏾
@jizew
@jizew Жыл бұрын
Thank you, bro, this information is very helpful👋
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Nice, thank you glad to be of some help.
@marissa7518
@marissa7518 Жыл бұрын
Thank you so much for all this information! Best of luck to you and yours!
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
👍🏾
@7Karatemasters
@7Karatemasters Жыл бұрын
Thanks for sharing! I also would like to see about tax and tax deduction as LLC. Like how much gas could be deductible and your van or truck . I know you are not a lawyer nor CPA, but paying tax AFTER business expenses is one of the beauty of owning a business 😊.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
I will definitely share that info, next year will be my 1st time filing taxes as a new business owner.
@Teedho94
@Teedho94 6 ай бұрын
Excellent video
@BigCJCargoVan
@BigCJCargoVan 6 ай бұрын
👍🏾
@christinaruth4553
@christinaruth4553 7 ай бұрын
Thank you for your detailed/informative video! 😊
@BigCJCargoVan
@BigCJCargoVan 7 ай бұрын
No prob 👍🏾
@MusicHandsAbrupt
@MusicHandsAbrupt Жыл бұрын
Thanks for the info! I am starting out. I have to buy used. I've never financed anything and I will not. I can get a very good used van with lower miles for $5000-$7000. I am still looking. I refuse, as you said, to just buy anything. I am excited to get my DOT and MC numbers. Thank you so much for this great video!
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
That's awesome. Congrats, and wish you the best 👍🏾
@marvingrant6484
@marvingrant6484 Жыл бұрын
I love what your doing bro and i definitely want to do this i appreciate all your advice
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Nice, I appreciate that and wish you the best 👍🏾
@mikeabobo4429
@mikeabobo4429 Жыл бұрын
You just earned one subscriber. Great vedio, keep it coming bro....
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate the support 👍🏾
@Not-in-the-way
@Not-in-the-way 11 ай бұрын
Thx for the vid I been looking into this and I’m going to start my company soon
@BigCJCargoVan
@BigCJCargoVan 11 ай бұрын
Nice, wish you the best 👍🏾
@DalePatch
@DalePatch Жыл бұрын
Get your DNB number now if you plan to use it at all. Always better to have stuff like that done and out of the way when you actually need it. Never want to see like you're scrambling for money or credit.
@madambillie863
@madambillie863 Жыл бұрын
Thanks for sharing!
@armandomendoza8663
@armandomendoza8663 7 ай бұрын
Very very informative, Thank You!
@BigCJCargoVan
@BigCJCargoVan 7 ай бұрын
👍🏾
@carlospastrana9900
@carlospastrana9900 5 ай бұрын
YOUR VIDEOS ARE EXCELENT THANK U
@miguelgomez7226
@miguelgomez7226 Жыл бұрын
Hey brother it's miguel from Florida I try to get in the cargo van I appreciate all the help
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
No problem, wish you the best and thanks for your support
@user-vd7yj9hm9r
@user-vd7yj9hm9r 6 ай бұрын
with mc you'll need cargo insurance and if you already have cargo insurance, then might aswell get the mc and go otr and make the money
@BigCJCargoVan
@BigCJCargoVan 6 ай бұрын
👍🏾
@chichigoodenergy1873
@chichigoodenergy1873 Жыл бұрын
This is awesome ❤
@john-ug7nc
@john-ug7nc Жыл бұрын
Great video. I have a CDL-A and current medical card with hazmat and tanker endorsments. I have been driving an 18 wheeler for a couple of years. I want to get into the expediting cargo van business. Does having a CDL-A license give me an advantage in this business?
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
I think so, you should be making big money with that class A. I don't know, seems like you'd be taking a step back getting into the Cargo Van Business. It's money in this, but not like big rig drivers, at least not that I know of
@john-ug7nc
@john-ug7nc Жыл бұрын
@@BigCJCargoVan Thank you for your valuable advice. I will definitely keep your suggestions in mind as I move forward. Your guidance is greatly appreciated.
@jondough7589
@jondough7589 Жыл бұрын
That’s Great, You’re gonna have a better advantage, Cheaper insurance than non cdl driver, and everything 🔥🔥
@JASHALL10
@JASHALL10 Жыл бұрын
I have a cdl A as well. Being able to just drive as a company driver has benefits. Driving a cargo van without inspections and weigh stations would be nice though. Fitting anywhere a car can go, like gyms would be cool. With a tractor, you have a nice bed, a tv, microwave and refrigerator, and I don’t think you’ll get those luxuries with a cargo van. You also don’t have to worry about finding loads or paying any expenses if you drive truck. If you do decide to go the cargo van route, please let us know how it goes.
@john-ug7nc
@john-ug7nc Жыл бұрын
@@JASHALL10 Thank you for your valuable advice. I will definitely keep your suggestions in mind as I move forward. Your guidance is greatly appreciated. I'll keep you updated on my plans.
@Thouse2great
@Thouse2great Жыл бұрын
Great video Sir u gained a supporter I gotta get my money up
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Take your time, the work will be there. Appreciate your support 👍🏾
@29attaboy
@29attaboy Жыл бұрын
Wild I got the exact same billiards on my wall since 1982 all hand painted only 1 I've eve seen I used to sell expensive adjustable beds also 😅I'm being 💯
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Oh yea, I don't even remember where I got that sign from, but it's old.
@mikes2701
@mikes2701 Жыл бұрын
Great information sir, thank you.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
No prob, 👍🏾
@jmoreno2228
@jmoreno2228 Жыл бұрын
MC is for when you upscale and get drivers for the business cause when you get the MC I've heard you have 2 to 3 months to get the cargo insurance which as soon as you get it your MC would be fully active that insurance is like 1500 a month alone . I could be wrong tho
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Yea, almost right. To maintain MC you need to keep minimum required commercial insurance of 300k liability and 5k cargo. I pay $500 per month. If you use your MC for contract route or OTR, you will need to increase to 1 mil liability and 100k cargo. That's when it gets really expensive. I'm just maintaining mine so it can continue to mature.
@westsideperformance7378
@westsideperformance7378 Жыл бұрын
Great thank you and good luck🙂👍👍👍
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
No prob, thanks for the support 👍🏾
@MeasuredbySuccess
@MeasuredbySuccess Жыл бұрын
Great job
@boogerdawson25boogerdawson61
@boogerdawson25boogerdawson61 6 ай бұрын
Great video bro!
@BigCJCargoVan
@BigCJCargoVan 6 ай бұрын
Thanks 👍🏾
@daviddoten-zs7yv
@daviddoten-zs7yv 4 ай бұрын
what is the benefits of a van over a boxtruck - since a boxtruck can haul more, wouldnt you make more? thanks love your vids.
@BigCJCargoVan
@BigCJCargoVan 4 ай бұрын
kzfaq.info/get/bejne/a5p6a9x8qNbXkWQ.html
@nicholascole288
@nicholascole288 Жыл бұрын
Damn best video on KZfaq u got good game bro
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate you 👊🏾
@chichigoodenergy1873
@chichigoodenergy1873 Жыл бұрын
Great advice and information I really appreciate this Is it a way too work on weekends until I can leave my job
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Thank you, most of these apps are not for weekends. I know GoShare has orders on weekends, but very few.
@ModernMessiah
@ModernMessiah 8 ай бұрын
You shouldn't need to get a motor Carrier number a cargo van isn't a commercial vehicle. To have an MC # you need consistent commercial insurance or it get canceled in 30 days
@BigCJCargoVan
@BigCJCargoVan 8 ай бұрын
Technically yes, but if your hauling freight across state lines, you will be considered a commercial vehicle per fmcsa. I don't mind having the MC, I just don't agree with the insurance requirements, ridiculous.
@ModernMessiah
@ModernMessiah 8 ай бұрын
@BigCJCargoVan for a semi truck I was paying $1400 per month but I was making $20-40,000 per month so it was worth it. You can't make that with a cargo van so it's not worth having an MC# that and the payment. A semi can last 400,000 miles before any major repairs. The life span of a cargo van wouldn't get you to 250,000 miles unless you baby it
@bradesibd.-uz2zm
@bradesibd.-uz2zm 5 ай бұрын
Mr. CJ , i want start Gig app , with a rent car or cargo van, could you explain what i need to start? If I open a basic LLC , do i still need DOT and insurance? Do i need a manager just for local gig app? I want start very simple so i can make a cash flow to grow. I appreciate it Sr.
@josephrichards5324
@josephrichards5324 6 ай бұрын
Thank you very much.
@BigCJCargoVan
@BigCJCargoVan 6 ай бұрын
👍🏾
@48205Ro-Ro
@48205Ro-Ro 11 ай бұрын
You definitely need business credit , for instance you can take your van & refinance it again through your business credit with your business bank account
@48205Ro-Ro
@48205Ro-Ro 11 ай бұрын
Im not into cardio yet but I’m definitely into biz credit
@BigCJCargoVan
@BigCJCargoVan 11 ай бұрын
Absolutely, appreciate the info 👍🏾
@sherrymorgan2042
@sherrymorgan2042 10 күн бұрын
Thanks for your information. Im about to buy a ProMaster 3500. Btw Duns & Bradstreet isgood because once you start your business credit, you can buy house, cars , etc with your business rather than your personal credit. It has huge benefits.. I have a question though. What do you suggest to females wanting to do this business. Suggestions for less lifting.
@BigCJCargoVan
@BigCJCargoVan 6 күн бұрын
No touch freight is your best option. You get those from courier companies, loadboards, brokers, or direct shippers you can connect with. Most gig apps require you to load and unload. You can also partner with someone, a friend, a neighbor, or a family member to help you load/unload. Just get creative. Have the right equipment, don't be afraid to ask for help at the pickup or dropoffs, and you should be good.
@DIYOrDieTrying
@DIYOrDieTrying 11 ай бұрын
Kinda scary to take the carriage before the horse approach and buy a van prior to having business set up nor clients/carriers because it’s now a personal debt and going against personal utilization and putting 15k down is rough so many better ways to cash flow that money currently you can find a nice 2015/2016 t250 around 16-20k and that could have paid it in almost full then brought you a second driver.
@BigCJCargoVan
@BigCJCargoVan 11 ай бұрын
Works out for me, but yes many different ways to start.
@nicholascole288
@nicholascole288 Жыл бұрын
Great video bro thank you
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
No prob, best wishes to you 👍🏾
@tociabrown7226
@tociabrown7226 Жыл бұрын
Yes, that insurance is expensive with Progressive. They wanted 7,thousand down monthly 3, thousand. That's more than some tractor trailer.....What is the best company to go with.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Wow, well I have progressive and I've never heard of anyone paying 3k a month with a cargo van. I've seen people pay up to $1,700. How's your driving record? I don't understand why you were quoted so high. Progressive is the most popular and usually has the best rates. You can try some 3rd party companies that will search for the best rates for you, but progressive usually beats every other company.
@rluikaart
@rluikaart Жыл бұрын
What a good man.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Appreciate you 👊🏾
@donaldcopeland8764
@donaldcopeland8764 Жыл бұрын
I started with sleep number too now I do final Mile
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Nice, yea good company, but it was time to make moves. Best wishes to you!
@donaldcopeland8764
@donaldcopeland8764 Жыл бұрын
@Big CJ thank you brotha tryna make some money now I'm doing final Mile through Pilot with loews
@Allmybusiness52
@Allmybusiness52 Жыл бұрын
Thank you for sharing. Your video is very detail. I ❤ it. Which load boards do you use? I have a 16 foot box truck.
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Thank you, no loadboards right now. I have DAT on my phone but never used it. I don't want to pat the subscription yet. Just doing gig apps right now, Dispatch, GoShare and Frayt.
@Allmybusiness52
@Allmybusiness52 Жыл бұрын
@@BigCJCargoVan You are doing very good, with the gig apps. Keep growing.
@lucasdavid7340
@lucasdavid7340 Жыл бұрын
Awesome content.👏! 5 stars man.! wishing you the best in your business.!!! How can one reach out to you.??
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
Thank you, best contact is via email on my description page CargoVanBusinessBoss@gmail.com
@Oscar-cw9qw
@Oscar-cw9qw 6 ай бұрын
Did you buy your van under your business name? Also can you write off a sprinter van on your taxes? Thanks
@BigCJCargoVan
@BigCJCargoVan 6 ай бұрын
I used personal credit, but I do plan on purchasing my 2nd vehicle with business credit and in my business name. You can write off, but I'm not an expert on that subject, so you'd have to contact a tax advisor.
@Pernection
@Pernection Жыл бұрын
If you have passenger insurance, then do you have commercial plates?
@carloso5663
@carloso5663 Жыл бұрын
Great information! I have $20,000 to get started. How would you invest that money? Buy a used van for $20?
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
I can't really tell you what to do with your startup money, it's completely up to you. I only purchased a more expensive van because I'm all in and don't want any problems with my van starting off. I also have a passive income to help pay my loan. You can buy a cheaper van, like 10k, especially if you're just going to do gig apps. It's always good to have extra money saved up. Do what you feel comfortable doing, but I've seen those 5 and 10k vans out here getting money as well.
@chillachaz1069
@chillachaz1069 Жыл бұрын
Good stuff.. 42 mins 👍🏿🤛🏿
@solomonalamdew6869
@solomonalamdew6869 10 ай бұрын
Thanks for your Davis am trying to this Busenes with o amount
@BigCJCargoVan
@BigCJCargoVan 10 ай бұрын
👍🏾
@cherryking6160
@cherryking6160 Жыл бұрын
Hey thanks for the info very helpful quick question which van do u prefer a Ram or ford transit
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
I prefer transit. Just my opinion but ram tends to be a little cheaper.
@bl2690
@bl2690 Ай бұрын
What is “mc” you were referring to at 13:30?
@BigCJCargoVan
@BigCJCargoVan Ай бұрын
Motor courier number assigned by fmcsa. Gives you authority to transport across state lines. You can hire a driver, and they can operate under your mc number.
@bl2690
@bl2690 Ай бұрын
@@BigCJCargoVan Thanks. So I’m thinking of doing this on the side. Could I still make at least a little money in the evenings after my regular 9-5? Or are mornings/days better to pick up jobs?
@ulysesslee1848
@ulysesslee1848 Жыл бұрын
Thank you!!!!
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
No prob 👍🏾
@artworksphotography4682
@artworksphotography4682 Жыл бұрын
I'm renting my brother in law's Cargo Van. How much should I pay him on a weekly basis? We came up with $250-$300 weekly. I'm paying for gas,oil changes, and tires if need be. I'm also paying for liability insurance. Is this fair? Anyone can answer. Thanks!👌
@BigCJCargoVan
@BigCJCargoVan Жыл бұрын
That's a tough question to answer. I personally don't like the idea of renting, but whatever is best for you is what matters. I think the rental rate is not too bad compared to the rental price industry. I know some people get unlimited miles renting from enterprise, budget and uhaul, (companies like that). The price is usually around $400 to $500 per week or sometimes more. I know U-haul has $19 a day plus .69 per mile rate. As far as paying gas, maintenance, and insurance, I really don't know if that's fair or not. I think if your using it for OTR interstate, I guess that sounds pretty reasonable. I know most fleet owners charge around 40/60 split on profits. Hopefully, someone else can chime in, but to answer your question, in my opinion, I think it's pretty reasonable.
@sundayzson4254
@sundayzson4254 Ай бұрын
How can i get a small business loan with a credit score of 610??
@BigCJCargoVan
@BigCJCargoVan Ай бұрын
That's a question I really can't answer, you'd have to ask a loan officer. I'm sure there are loan programs for people with lower credit scores, but that's something I really can't answer.
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