emil35
10-04-2006, 02:15 PM
Ok here's my deal at the moment...
I'm a full time college student working hard every weekend mowing lawns. I've found a rather profitable new business that I could move to if I was to devote more time, but I can't decide if I should keep the lawn care business or leave. I have the chance to buy 20 accounts (all residential, no contracts) that will pay for itself in one month's work of those accounts and with my other accounts, allow me to profit around $35K...with roughly 25 hours of work per week. The other business concept will allow me to profit at least $12500/year with roughly 5 hours of work per week. The new idea has required less than $500 in startup costs, while I have over many thousand invested in the lawn care side. What would you do? The new business idea works better with my schedule for college, but I have a few commercial accounts that require only 5 hours of work per week total and make up roughly half of my lawn care income...all the rest are residentals. So with all that said, if you were me, what would you do? Thanks!
I'm a full time college student working hard every weekend mowing lawns. I've found a rather profitable new business that I could move to if I was to devote more time, but I can't decide if I should keep the lawn care business or leave. I have the chance to buy 20 accounts (all residential, no contracts) that will pay for itself in one month's work of those accounts and with my other accounts, allow me to profit around $35K...with roughly 25 hours of work per week. The other business concept will allow me to profit at least $12500/year with roughly 5 hours of work per week. The new idea has required less than $500 in startup costs, while I have over many thousand invested in the lawn care side. What would you do? The new business idea works better with my schedule for college, but I have a few commercial accounts that require only 5 hours of work per week total and make up roughly half of my lawn care income...all the rest are residentals. So with all that said, if you were me, what would you do? Thanks!