How to Calculate Cost Per Mile (CPM) for Your Box Truck Business: A Complete Guide

[@jmamba3731]

30 minutes later and I’m feeling confident to take on the challenge of upgrading from a company driver with 53’ to double O with the 26’ box! Thanks for the great info 💯

[@BookkeepingExpert]

You can do it!

[@Newestvideos]

That was really good! I currently work for an amazon DSP in Michigan. I am working on putting together a plan in order to start my own box trucking business. This helped tremendously, not only was the information laid out well and easy to understand. It also gave me confidence in my ability to keep pushing forward. Thank you

[@BookkeepingExpert]

You can use this link if you want to schedule a consultation www.harrisburgbookkeeping.com/scheduling

[@rcwaynecounty7370]

Did you ever get the box?

[@TheBlkac1]

This information is great...My truck is down...and I quickly found out... that driving for 20% isn't worth it....

[@BookkeepingExpert]

I'm glad the information has been helpful for you. It sounds like you're dealing with some challenges regarding your truck. Indeed, driving for only 20% might not be worth it considering the costs and effort involved. If you need any advice or insights on how to address your truck issue or explore better opportunities, feel free to ask. Your well-being and success are important!

[@ruffoentertainmentllc]

Thanks so much for all your good advice, I am ready to go on the road soon

[@IamTasharea]

😵‍💫😵‍💫😵‍💫..imma have to watch this video a few times for it to stick, I’m slowly understanding but I m learning to master it with my new truck biz 😅

[@BookkeepingExpert]

Keep grinding 💪🏻

[@zam9k8]

Waited for this video. Thanks man! 👍🏼

[@BookkeepingExpert]

You’re welcome!

[@Mr-pi7bd]

Man this really hit home for me i completed the FMCSA paperwork to soon and was scrambling to get a truck 😮 I found one took 4 weeks to go through process and i had insurance on it before i even took possession of the truck. You dropped a gym on not completing paperwork to soon wish seen this 4 months ago 😂

[@BookkeepingExpert]

Not many people know about that!

[@ElangwaShaidi]

Thanks!

[@BookkeepingExpert]

Thank you!!

[@TriadWireless]

Great video.

[@BookkeepingExpert]

Thanks!

[@sureshjayaprakash7110]

Hey I love your videos and thanks for great information,I have a question for you you guys do dispatch and booking

[@BookkeepingExpert]

I only do bookkeeping

[@whatthegadget]

That was super informative 💪🏾

[@BookkeepingExpert]

I'm happy to help!

[@bigslick1485]

Another good video can you put up the link for the Mc authority video walk through Thxs

[@BookkeepingExpert]

kzbin.info/www/bejne/bmqlg6Npm7GjfbM

[@jackdon1206]

Perfect 👍

[@max_abid5899]

Wondering if I could schedule an appointment with you to discuss my truck business.

[@BookkeepingExpert]

I don't personally pay for LinkedIn, but I'm aware that some users find value in LinkedIn Premium for additional features. As for connection requests, there might be weekly limits, but they can vary based on factors like your activity history and the number of connections you already have. Staggering requests and engaging with connections' content can help manage these limits effectively.

[@Monstermechanic84]

What about getting commercial insurance on your personal vehicle say small pickup truck to haul say parts from a part store and then get your MC and wait for it to mature and then switch insurance to the new box truck?

[@BookkeepingExpert]

I don’t know! I’ve been out of the trucking game for two years, sorry

[@mglagimglbat6557]

Hey how are u?. What your opinion about cargo van sprinter? Can you do video about cargo sprinter van?

[@BookkeepingExpert]

Hello! I'm well, thank you. Sprinter vans are popular for their space and versatility. I'll consider your video suggestion, thanks for the input!

[@winstonsalem5124]

Question about quarterly taxes. Does the IRS remit the Social security Administration from the taxes you send quarterly? Please let me know. Thx.

[@BookkeepingExpert]

I’m not sure. You should ask your CPA 👍🏻

[@pdiallo1029]

Hey Zach , i have been watching your content for while and a big follower . Your CPM calculation . I don' t see your factoring the driver pay .I think even if you driving your own truck you should add 0.45 -0.50 cents per miles driver pay if you are owner operator LLC( separating the business profit and the owner driver pay) to get the true CPM otherwise you might be better off driving for company if you are booking load for less than $2 per mile

[@BookkeepingExpert]

That’s good advice!

[@Josetorres-mf1td]

Hi, I always watch you videos thanks, d Just a question did you recommend to use your own address for open a Llc I will do my own by I still not sure if it’s a good idea? Thanks for your answer

[@BookkeepingExpert]

I used my own address

[@Josetorres-mf1td]

Thank you

[@stephonwilmot1006]

i just got an insurance quote and was offered a minimum down payment of $7000 (not including $2500 collateral and a requirement for auto-pay when selecting minimum down payment). No, my driving record isn't crazy. Just bear in mind that these things vary widely and his numbers may not be updated. Also, bear in mind you will need cargo insurance for most shippers.

[@BookkeepingExpert]

Great advice!

[@Mola-k1b]

Hello, I started a cargo van transportation business 2month ago by buying a new van. and however, i learned in one of your videos that I need to register my business in the state where i live. but my question is what should I do for the time I work with out registaring my business ???? and when i register The LLC which Tax filing status is good for the time being.please help me or guide me on how to fix this??? Thank you for all your wonderful and very informative video.

[@BookkeepingExpert]

It only takes 2 weeks to register your business. Just register it as an LLC

[@Jesseleegrayson]

Hey man iv been wondering.. I have an LLC already established but it is under a different nacis code. do i have to start a new llc specifically for the trucking company?

[@BookkeepingExpert]

I'm not sure... probably not

[@JackofAllGigs]

Yes you do want to start another LLC it’s only a couple hundred bucks and it can save you huge from litigation, imagine you or one of drivers kills someone or under the influence and paralyzed someone in a wreck well instead of them just coming after the wealth in the trucking LLC you screwed up and allowed them to come after both businesses in 1 go I’ve seen people that had 10 businesses tied to 1 LLC lose everything from 1 driver or there own fault in accidents because insurance doesn’t always cover the cost of how much you get sued for

[@JackofAllGigs]

It’s also good to have a company be your LLC proxy where your name isn’t plastered in it and your own home address it prevents crazy’s from showing up at your door

[@RampLifeCronicles]

Can I use someone else’s van/box truck using your DOT/MC#?

[@BookkeepingExpert]

Not mine specifically, but you can lease on to other Peoples’s DOT #

[@RampLifeCronicles]

@@BookkeepingExpert got it. Appreciated.

[@bamendaboy9956]

Best video, thanks

[@BookkeepingExpert]

Thanks to you

[@CharonRhodes-zw5vo]

It’s 7:20pm I’m a new comer as far as seeking knowledge on the box truck game. I have a decent job at this moment but I would love to make runs on the weekend. My ? Is is it possible to book decent loads on the weekend being that I’m in South Carolina and what’s a good app to download for a beginner such as myself?

[@BookkeepingExpert]

I don’t know, I have been out of the Trucking game for two years, sorry!

[@yanethmejia1541]

If I only have a cargo van (sprinter), am I required to have the medical card?

[@BookkeepingExpert]

Yes if your vehicle GVWR is more than 10,000 pounds

[@laron9817]

Just found your channel. Thanks for the valuable information. I have my LLC and i am looking to buy a 26' box truck. Do you have any suggestions on finding and securing funding to get started? Seems like i'm getting stuck right there.

[@BookkeepingExpert]

I appreciate you finding my channel! When I was in your position, I found it challenging to secure funding for my business too. Here are a few suggestions based on my experience, work with small local banks and get 12 month 0% interest credit cards

[@laron9817]

@@BookkeepingExpert thanks again. I'm on it

[@techconnect4113]

Really wish I discovered this video 15 days ago, I am currently looking for a Box truck now but have already established my Authority, smh, Stressing!!

[@BookkeepingExpert]

Keep working hard!! I hope you find success 💯

[@bbk1983]

what if you hired a driver but you owns the truck? does it still profitable ?

[@BookkeepingExpert]

You can still be profitable if you hire a driver, but it's not easy

[@zimbabueycazeau2874]

What are the insurance requirements for most brokers to work with a carrier?

[@BookkeepingExpert]

I have no idea!

[@frontlinewitness]

100k cargo and 1mil liability minimum.

[@deej2cold]

where can i access the CPM spreadsheet?

[@BookkeepingExpert]

www.harrisburgbookkeeping.com/store

[@patriotacienxciento1083]

.. how much you make on 2500 miles after expenses.. it's not really very good job ..

[@BookkeepingExpert]

The freight market crashed in 2022

[@Forevernoor]

hey i really want to talk to you places i have some questions i am stuck

[@BookkeepingExpert]

You can use this link to schedule a consultation. www.harrisburgbookkeeping.com/scheduling

[@Justright-go2zu]

Whats that song

[@BookkeepingExpert]

Not sure 🤔

[@SLAG3R101]

Please do not take anything less than 2.00 a mile.. . It doesn't take account taxes that 50,000/ year is nothing for an owner operator dealing with operating a business.. minimum 75k a year for a noncdl owner operator is ideal 👌 great video tho.

[@BookkeepingExpert]

Thanks for watching! The current national average for 53’ Dry van is $2.22 and it’s getting harder to find good loads 🙏🏻

[@SmallholderHomestead]

❤

[@BookkeepingExpert]

💥

[@deborahmason5375]

Consultant I need help

[@BookkeepingExpert]

www.boxtrucksolutionsmasterclass.com/optin1710270807595

[@michaelyurk860]

So hang on, you believe that 55k/ year is good for being an o/o? What am i missing? After everything that you have to do, It sounds like you would be better off working for someone. Alot less headache and more money in my pocket. Plus you'd get benefits too.

[@BookkeepingExpert]

True! Pros and Cons for each scenario

[@dayoneshemuyl9464]

Hey... You said 1,500 a week, net, is good? How? Where? Are you completely local?

[@BookkeepingExpert]

I've been out of the game for a year!

[@ElangwaShaidi]

How do I contact you

[@BookkeepingExpert]

www.harrisburgbookkeeping.com/scheduling