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. 👍
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.
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
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
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
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.
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.
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.
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.
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 👍🏾
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
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 !!!!!!
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.
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.
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 😅
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.
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
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 .
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
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
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
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 💯
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!
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.
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.
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 😊.
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
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.
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
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 👍🏾
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.
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 👍🏾
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.
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
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.
Top of the morning bro. 3 part question for you. Did you refinance it on your personal or business? Secondly what bank you used? Lastly, was it a commercial vehicle Refinance or a regular vehicle Refinance? Thanks for your time💪🏿
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?
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
@@BigCJCargoVan Thank you for your valuable advice. I will definitely keep your suggestions in mind as I move forward. Your guidance is greatly appreciated.
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.
@@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.
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.
It's nice information video appreciate it. I have question, im thinking about this kind of job. If i strat my business so i can find a load its easy or not? 2nd question if i buy my cargo van and insurance so i make money on it and again can find load with app or something different?? Thank 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.
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.
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.
Thanks for sharing Man . I only have a bout 7 grand to invest in this business right now . Would you suggest that I wait and save a little more before moving forward?.
You can get a virtual address FYI But thanks for that registration agent Also. After some research I found YT videos that give links to lenders that will give a loan for a van. And they use the van a s collateral in case your business can't make payments. And you never said if your van is under your LLC
Appreciate the comment. My van is in my name, not the business. Had to do that to get my low 3.7 interest rate. Once paid off, it's going in the business name
You definitely need business credit , for instance you can take your van & refinance it again through your business credit with your business bank account
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. 👍
Appreciate that info, I have a NFCU account already, I will be building business credit.
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.
@@BigCJCargoVan Can you still change your business address even if you started with your home address?
@MajorrBison yes you do this my updating your LLC
@@BigCJCargoVan I don't have Navy, but i do have Pentagon Credit union...will that due?
Great video CJ, thank you so much!
Thanks for going into detail on starting a cargo van business
Excellent information! Good video 👍
Great information! Thank you!
you seem like a good dude, hope all is going well for you. thanks for the info
i'm trying to get into this industry and i really appreciate the video, lots of good info and super helpful, thanks bro
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
I’m still learning here, I’ve watched tons of UA-cams on cargo van and I found yours to be informative and straightforward. Be safe on the road.
Thank you for taking the time to outline so many details. Best video thus far 👏
Appreciate you 👍🏾
Mann this might be the best cargo van vid ,so clear 👏🏾thanks brother
Very good information. Thank you for explaining what you went through to start up.
No prob, glad to help 👍🏾
Thank you so much for all this information! Best of luck to you and yours!
👍🏾
Good solid info. I like the financial breakdown appreciated
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
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 job thanks for all the good information
I like the way you explain things man thanks
I love what your doing bro and i definitely want to do this i appreciate all your advice
Nice, I appreciate that and wish you the best 👍🏾
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.
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.
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.
Appreciate that, I know people who are serious about the business will watch it, 👍🏾
Very informative video , keep bringing good content
Will do, appreciate U 👊🏾
Thank you for your service. I wish you success in your business and Blessings from Our Lord.
Thank you, appriciate your support
Good video. Excellent presentation.thanks
Thank you, glad I could be of some assistance
Thank you, bro, this information is very helpful👋
Nice, thank you glad to be of some help.
This is awesome ❤
Thanks for sharing!
Thank you for your detailed/informative video! 😊
No prob 👍🏾
Great content! Perfect length video
Appreciate you 👍🏾
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.
Glad to help and glad to hear that. Thanks for the comment and wish you the best 👍🏾
I really appreciate u sharing your journey! Thanks for the useful info. Me and hubby will be starting a cargo business soon🙏🏾New subbie!!
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 👍🏾
BEST VIDEO . THANKS IM STARTING DEC2023 . IM GETTING READY.
Oh WOW, did not know the information about insurance... GREAT info to know!!!
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. 🙏👏
Appreciate that, glad you are benefiting from the info. Appreciate the support 👍🏾
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
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 !!!!!!
Thank you and wish you the best, appreciate the support 👍🏾
Good video! I'm in Texas also.. I'm researching this business too. Thanks for the info!
Nice, definitely do your research and see if this business is for you. Best wishes to you 👍🏾
Coming from the CDL world definitely thinking about cargo van life.
Nice, yea CDL big money but cargo van is alittle easier to manage and less regulations. Best wishes whatever you decide.
YOUR VIDEOS ARE EXCELENT THANK U
You just earned one subscriber. Great vedio, keep it coming bro....
Appreciate the support 👍🏾
Thx for the vid I been looking into this and I’m going to start my company soon
Nice, wish you the best 👍🏾
Great information sir, thank you.
No prob, 👍🏾
Very very informative, Thank You!
👍🏾
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.
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.
@BigCJCargoVan Thank you brotha! Keep the hustle on we are all proud of you! You got my sub allways.
I'm looking into the business myself. Love the video. Wish it was longer...lol
Appreciate you 👊🏾
Now go gettem!!!! If you put in 8-10 hrs , 3-4 days a week, you’d pay that van off double time
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 😅
Lol, appricate U and glad to help. I am planning on doing another video much shorter now that I'm getting more experience.
Great job
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.
Appreciate the support 👊🏾 and best wishes to you on your new journey
good luck
God bless you! Good luck!
How is it going I’m gone buy a van next month
Great thank you and good luck🙂👍👍👍
No prob, thanks for the support 👍🏾
Great video bro!
Thanks 👍🏾
Great video bro thank you
No prob, best wishes to you 👍🏾
Damn best video on UA-cam u got good game bro
Appreciate you 👊🏾
Great video Sir u gained a supporter I gotta get my money up
Take your time, the work will be there. Appreciate your support 👍🏾
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
Iam doing it right now as we speak
Very inexpensive way to start, very smart 👍🏾
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 .
Amen, and thank you very much for your support 👍🏾
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
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
Thanks
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👊🏾
@@BigCJCargoVan
Thanks man best of luck to you 🙏
Excellent video
👍🏾
What a good man.
Appreciate you 👊🏾
Thanks for sharing. I'm very Interested to do this on 4 months from now.
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
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?
Best way to reach me is through Facebook messenger for now.
facebook.com/profile.php?id=100040520351080
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
👍🏾
Thank you very much.
👍🏾
Off work and still going learn something
Hey brother it's miguel from Florida I try to get in the cargo van I appreciate all the help
No problem, wish you the best and thanks for your support
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 💯
Oh yea, I don't even remember where I got that sign from, but it's old.
Thank you!!!!
No prob 👍🏾
Great advice and information I really appreciate this Is it a way too work on weekends until I can leave my job
Thank you, most of these apps are not for weekends. I know GoShare has orders on weekends, but very few.
Im going to use my pu truck starting out
Good stuff.. 42 mins 👍🏿🤛🏿
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!
That's awesome. Congrats, and wish you the best 👍🏾
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.
Thank you for sharing. Your video is very detail. I ❤ it. Which load boards do you use? I have a 16 foot box truck.
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.
@@BigCJCargoVan You are doing very good, with the gig apps. Keep growing.
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 😊.
I will definitely share that info, next year will be my 1st time filing taxes as a new business owner.
Awesome info brother.
Appreciate you 👊🏾
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
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.
If you have passenger insurance, then do you have commercial plates?
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
Thanks, appreciate the info 👍🏾
Awesome content.👏! 5 stars man.! wishing you the best in your business.!!! How can one reach out to you.??
Thank you, best contact is via email on my description page
CargoVanBusinessBoss@gmail.com
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
👍🏾
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
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 👍🏾
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.
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 👍🏾
Hey thanks for the info very helpful quick question which van do u prefer a Ram or ford transit
I prefer transit. Just my opinion but ram tends to be a little cheaper.
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.
you are soo smart
Thanks
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
Thanks brother 👍🏻
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.
Right, learning all of that now 👍🏾
SALUTE!!!
I started with sleep number too now I do final Mile
Nice, yea good company, but it was time to make moves. Best wishes to you!
@Big CJ thank you brotha tryna make some money now I'm doing final Mile through Pilot with loews
Top of the morning bro. 3 part question for you. Did you refinance it on your personal or business? Secondly what bank you used? Lastly, was it a commercial vehicle Refinance or a regular vehicle Refinance? Thanks for your time💪🏿
Personal loan and refinance. Can't share my bank info based on the way the loan is. It is a credit union tho. Did a regular veh refinance.
@Big CJ Got it and I totally understand. Thanks. So these sprinter vans fall under a regular vehicle. That's good to know.
Have you seen the new virtual mailbox they have online
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?
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
@@BigCJCargoVan Thank you for your valuable advice. I will definitely keep your suggestions in mind as I move forward. Your guidance is greatly appreciated.
That’s Great, You’re gonna have a better advantage, Cheaper insurance than non cdl driver, and everything 🔥🔥
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.
@@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.
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.
I got a 650 quote progressive yesterday
That's an awesome deal. Progressive seems to be the most popular insurance for commercial insurance. Wish you the best 👍🏽
Thanks for your Davis am trying to this Busenes with o amount
👍🏾
It's nice information video appreciate it. I have question, im thinking about this kind of job. If i strat my business so i can find a load its easy or not?
2nd question if i buy my cargo van and insurance so i make money on it and again can find load with app or something different??
Thank you!
I will address in a future video, thanks for your support 👍🏾
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.
Works out for me, but yes many different ways to start.
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.
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.
Thanks for sharing Man . I only have a bout 7 grand to invest in this business right now . Would you suggest that I wait and save a little more before moving forward?.
Check out my next video I'll be posting Saturday Dec 2nd
You can get a virtual address FYI
But thanks for that registration agent
Also. After some research I found YT videos that give links to lenders that will give a loan for a van. And they use the van a s collateral in case your business can't make payments.
And you never said if
your van is under your LLC
Appreciate the comment. My van is in my name, not the business. Had to do that to get my low 3.7 interest rate. Once paid off, it's going in the business name
You definitely need business credit , for instance you can take your van & refinance it again through your business credit with your business bank account
Im not into cardio yet but I’m definitely into biz credit
Absolutely, appreciate the info 👍🏾