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

Жыл бұрын

Appreciate that info, I have a NFCU account already, I will be building business credit.

@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

Жыл бұрын

​@@BigCJCargoVan Can you still change your business address even if you started with your home address?

@ThatManDWill

Жыл бұрын

​@MajorrBison yes you do this my updating your LLC

@dynasty5618

Жыл бұрын

​@@BigCJCargoVan I don't have Navy, but i do have Pentagon Credit union...will that due?

Mann this might be the best cargo van vid ,so clear 👏🏾thanks brother

I’m still learning here, I’ve watched tons of KZreads on cargo van and I found yours to be informative and straightforward. Be safe on the road.

Now go gettem!!!! If you put in 8-10 hrs , 3-4 days a week, you’d pay that van off double time

Good solid info. I like the financial breakdown appreciated

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

Жыл бұрын

Appreciate that, I know people who are serious about the business will watch it, 👍🏾

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

Thanks for going into detail on starting a cargo van business

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

Great speaker for sure. Great information very informative...

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

6 ай бұрын

Iam doing it right now as we speak

@BigCJCargoVan

6 ай бұрын

Very inexpensive way to start, very smart 👍🏾

Thank you for taking the time to outline so many details. Best video thus far 👏

@BigCJCargoVan

7 ай бұрын

Appreciate you 👍🏾

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

Thank you for your service. I wish you success in your business and Blessings from Our Lord.

@BigCJCargoVan

Жыл бұрын

Thank you, appriciate your support

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.

Coming from the CDL world definitely thinking about cargo van life.

@BigCJCargoVan

Жыл бұрын

Nice, yea CDL big money but cargo van is alittle easier to manage and less regulations. Best wishes whatever you decide.

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

10 ай бұрын

Right, learning all of that now 👍🏾

you seem like a good dude, hope all is going well for you. thanks for the info

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

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

9 ай бұрын

Amen, and thank you very much for your support 👍🏾

@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

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

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.

Off work and still going learn something

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

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

Жыл бұрын

@BigCJCargoVan Thank you brotha! Keep the hustle on we are all proud of you! You got my sub allways.

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

Жыл бұрын

Appreciate the support 👊🏾 and best wishes to you on your new journey

@afghanfilm

Жыл бұрын

good luck

@7Karatemasters

Жыл бұрын

God bless you! Good luck!

@313SelfMade1

4 ай бұрын

How is it going I’m gone buy a van next month

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

11 ай бұрын

Glad to help and glad to hear that. Thanks for the comment and wish you the best 👍🏾

Excellent information! Good video 👍

I'm looking into the business myself. Love the video. Wish it was longer...lol

@BigCJCargoVan

Жыл бұрын

Appreciate you 👊🏾

great job thanks for all the good information

BEST VIDEO . THANKS IM STARTING DEC2023 . IM GETTING READY.

Good video. Excellent presentation.thanks

@BigCJCargoVan

Жыл бұрын

Thank you, glad I could be of some assistance

i'm trying to get into this industry and i really appreciate the video, lots of good info and super helpful, thanks bro

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

Жыл бұрын

Thank you and wish you the best, appreciate the support 👍🏾

Thanks for sharing. I'm very Interested to do this on 4 months from now.

@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

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

Жыл бұрын

Best way to reach me is through Facebook messenger for now. facebook.com/profile.php?id=100040520351080

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

Жыл бұрын

Thanks

@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

Жыл бұрын

@@BigCJCargoVan Thanks man best of luck to you 🙏

Very informative video , keep bringing good content

@BigCJCargoVan

Жыл бұрын

Will do, appreciate U 👊🏾

Great video CJ, thank you so much!

Great information! Thank you!

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

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.

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

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 👍🏾

Oh WOW, did not know the information about insurance... GREAT info to know!!!

@BigCJCargoVan

9 ай бұрын

Appreciate that, glad to help anyway possible 👍🏾

God bless your life always , thank you for the clarity . and dedicate your time with such important information. and absolutely free. 🙏👏

@BigCJCargoVan

Жыл бұрын

Appreciate that, glad you are benefiting from the info. Appreciate the support 👍🏾

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

I like the way you explain things man thanks

Great content! Perfect length video

@BigCJCargoVan

8 ай бұрын

Appreciate you 👍🏾

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

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 👍🏾

Very good information. Thank you for explaining what you went through to start up.

@BigCJCargoVan

Жыл бұрын

No prob, glad to help 👍🏾

Good video! I'm in Texas also.. I'm researching this business too. Thanks for the info!

@BigCJCargoVan

11 ай бұрын

Nice, definitely do your research and see if this business is for you. Best wishes to you 👍🏾

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

7 ай 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

Жыл бұрын

That's awesome. Congrats, and wish you the best 👍🏾

Im going to use my pu truck starting out

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

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 👍🏾

Excellent video

@BigCJCargoVan

6 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.

Thanks for sharing!

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

4 ай бұрын

kzread.info/dash/bejne/Z2h-mtuEc9PZkZM.html

Thank you so much for all this information! Best of luck to you and yours!

@BigCJCargoVan

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

Жыл бұрын

I will definitely share that info, next year will be my 1st time filing taxes as a new business owner.

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

Жыл бұрын

Thanks, appreciate the info 👍🏾

Thank you, bro, this information is very helpful👋

@BigCJCargoVan

Жыл бұрын

Nice, thank you glad to be of some help.

You just earned one subscriber. Great vedio, keep it coming bro....

@BigCJCargoVan

Жыл бұрын

Appreciate the support 👍🏾

Thx for the vid I been looking into this and I’m going to start my company soon

@BigCJCargoVan

11 ай бұрын

Nice, wish you the best 👍🏾

I love what your doing bro and i definitely want to do this i appreciate all your advice

@BigCJCargoVan

Жыл бұрын

Nice, I appreciate that and wish you the best 👍🏾

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

Жыл бұрын

Oh yea, I don't even remember where I got that sign from, but it's old.

Thank you for your detailed/informative video! 😊

@BigCJCargoVan

6 ай бұрын

No prob 👍🏾

YOUR VIDEOS ARE EXCELENT THANK U

Hey brother it's miguel from Florida I try to get in the cargo van I appreciate all the help

@BigCJCargoVan

Жыл бұрын

No problem, wish you the best and thanks for your support

Great video Sir u gained a supporter I gotta get my money up

@BigCJCargoVan

Жыл бұрын

Take your time, the work will be there. Appreciate your support 👍🏾

This is awesome ❤

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

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

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

Жыл бұрын

That’s Great, You’re gonna have a better advantage, Cheaper insurance than non cdl driver, and everything 🔥🔥

@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

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.

Very very informative, Thank You!

@BigCJCargoVan

6 ай бұрын

👍🏾

Great job

If you have passenger insurance, then do you have commercial plates?

Great thank you and good luck🙂👍👍👍

@BigCJCargoVan

Жыл бұрын

No prob, thanks for the support 👍🏾

Great information sir, thank you.

@BigCJCargoVan

Жыл бұрын

No prob, 👍🏾

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

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.

Did you buy your van under your business name? Also can you write off a sprinter van on your taxes? Thanks

@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.

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

5 ай бұрын

👍🏾

Damn best video on KZread u got good game bro

@BigCJCargoVan

Жыл бұрын

Appreciate you 👊🏾

Great video bro!

@BigCJCargoVan

5 ай бұрын

Thanks 👍🏾

Thank you very much.

@BigCJCargoVan

6 ай бұрын

👍🏾

What a good man.

@BigCJCargoVan

Жыл бұрын

Appreciate you 👊🏾

Great advice and information I really appreciate this Is it a way too work on weekends until I can leave my job

@BigCJCargoVan

Жыл бұрын

Thank you, most of these apps are not for weekends. I know GoShare has orders on weekends, but very few.

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.

Great video bro thank you

@BigCJCargoVan

Жыл бұрын

No prob, best wishes to you 👍🏾

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

10 ай бұрын

Works out for me, but yes many different ways to start.

Awesome content.👏! 5 stars man.! wishing you the best in your business.!!! How can one reach out to you.??

@BigCJCargoVan

Жыл бұрын

Thank you, best contact is via email on my description page CargoVanBusinessBoss@gmail.com

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

7 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

7 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

Great information! I have $20,000 to get started. How would you invest that money? Buy a used van for $20?

@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.

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

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.

How long did it take to re Finance threw your bank?? I just purchased a Cargo van last month and my payments are high

@BigCJCargoVan

Жыл бұрын

Appreciate you, I already had a pre approval from my bank, I just didn't know how much I was going to spend. It was faster to just buy the van threw the dealer, took about 1 month to refinance, so only had to make 1 high payment.

@docimma

4 ай бұрын

One month to refi? Does that mean you showed income after one month so that qualified u for refi?

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

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

Жыл бұрын

@@BigCJCargoVan You are doing very good, with the gig apps. Keep growing.

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

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.

Hey thanks for the info very helpful quick question which van do u prefer a Ram or ford transit

@BigCJCargoVan

Жыл бұрын

I prefer transit. Just my opinion but ram tends to be a little cheaper.

Good stuff.. 42 mins 👍🏿🤛🏿

Thank you!!!!

@BigCJCargoVan

Жыл бұрын

No prob 👍🏾

I started with sleep number too now I do final Mile

@BigCJCargoVan

Жыл бұрын

Nice, yea good company, but it was time to make moves. Best wishes to you!

@donaldcopeland8764

Жыл бұрын

@Big CJ thank you brotha tryna make some money now I'm doing final Mile through Pilot with loews

What if you live on a border of a state but you use gig apps and it takes you into that state... is regular insurance still Adequate... Thank you very much for all this information... it doesn't matter how long the video is, it's a lot of good information in one spot, and if a stupid SoB can't hold their attention to learn what they need, because the video is too long .. well then they deserve to learn the hard way. These apps you can't look at any freight to haul until you get mc# etc .. am I correct about this

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

11 ай бұрын

Im not into cardio yet but I’m definitely into biz credit

@BigCJCargoVan

11 ай бұрын

Absolutely, appreciate the info 👍🏾

What is “mc” you were referring to at 13:30?

@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

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?

think i can do something with a 2015 dodge caravan that has 62k miles?

@BigCJCargoVan

Жыл бұрын

Yes, I use gig app Dispatch, but all of the apps have loads for cars, trucks, mini vans, cargo vans and box trucks. Bigger the vehicle the higher the pay