Solo Operation

[Nelson]

I am posting a poll? The question is for a Solo Operation. How much can 1 person make after everything is deducted.
Net Pay. I know that how many accounts etc. etc. comes in
effect, but I will like to know with the right accounts etc. etc. How much can be made? NET !!!!

[LAWNGODFATHER]

How much is by how hard YOU are willing to work. Plain and simple!!!

[Nelson]

Originally posted by LAWNGODFATHER
How much is by how hard YOU are willing to work. Plain and simple!!!

LGF, I would think everybody is willing to work hard.........
Not the answer I am looking for...... Thanks anyway need #'s

[LAWNGODFATHER]

There are so many veriables, that numbers won't make a bit of differance.

If you want answers now, search for "Solo Income"

Might be a few pages back, and if I'm not mistaking you started it.

EG: If you grossed $60 solo you had better of netted $35k.

That will take some work to do, and if you work harder and a lot more it can be more.

[Nelson]

Originally posted by LAWNGODFATHER
There are so many veriables, that numbers won't make a bit of differance.

If you want answers now, search for "Solo Income"

Might be a few pages back, and if I'm not mistaking you started it.

EG: If you grossed $60 solo you had better of netted $35k.

That will take some work to do, and if you work harder and a lot more it can be more.

Damn Skippy I started the last thread, but this is a poll ?????
"Solo Income" Did not help last thread was me DUH !!!!!

That is the "differance " My bad "difference"

[LAWNGODFATHER]

Damn skippy smart ass, since you are MR. Perfect on the spelling, I guess you can do your own searching for the answers.

I guess there is no need for my help.

I know the answers are in the arcives!!!!

Your numbers and many other's numbers are not going to be the same.

Even the ball park numbers aren't going to be close.

I think the question has been answered at least 2 times in this thread already.

[65hoss]

Location also has a big role in income. For example, my actual mowing season is less than up north and down farther south. So, if its grass cutting only, my #'s would be different. In florida your prices are usually lower than mine though.

As a solo, after you get established your expenses yearly will be small. Every year your profit will rise. LGF is right. It really depends on how hard you work. Not just in the manual labor sense. Work hard at conserving cash and expenses. You could make 20k in revenue or 100k in revenue. Kinda depends on you. I know a lot more people that work "harder" than me. Meaning more hours, but I'm much more profitable. As a solo, it really is up to you and your business choices.

[jrblawncare]

Nelson,Don't get up-set ,these guys are right...nets will be all-over the place.....If a man wants to grow his business (like me) he will likely be adding new equipment each year for the first 5 years or so....many other things will also come into play as stated above.All of this will change the nets in your poll.

[David Haggerty]

These guys are in the wrong trade.

[Nelson]

Originally posted by David Haggerty
These guys are in the wrong trade.

David thats too..... funny
Sorry if I got Hot headed in the last post !!!!!!

[LAWNS AND MOWER]

My net income is 80% of my gross revenue.

LAWNS AND MOWER

[longslawn]

Thats pretty good. 20% operating cost. My Social security for myself is 15.3%. Thats not even taking into account for state, federal taxes. Then you take off insurance. How do you do it?

[MATTHEW]

He probably shows a loss and pay no taxes. Maybe even gets a refund! That is how my first year went. ;)
The thing about working hard is your definition of it. I work hard. Very hard to maintain a tight ship and schedule. But, I will quit at 3:00 if I am on my schedule. Life is more important to me than money. Yeah, I could make a lot more if I worked like some guys in this town. They are out 'til dark 7 days a week!

[bruces]

Originally posted by longslawn
Thats pretty good. 20% operating cost. My Social security for myself is 15.3%. Thats not even taking into account for state, federal taxes. Then you take off insurance. How do you do it?

If you are not a corporation, Social security is not an "expense". Most people, when defining net, look at the bottom line on the financial statement. If you are a proprietorship or partnership, social security or self employment tax is not an expense.

There are so many ways of looking at net income that it is tough to compare apples and apples.

[HOMER]

It might have been better to take a poll on the gross income of a solo operator. Everyone is going to handle their affairs differently and the bottom line won't really give you a good picture.

[longslawn]

The question was how much can you net after everthing was deducted. When I figure the net for me, I dedut all expenses including all applicabe taxes and insurance cost as this is truly the amount that is yours to do with as pleased. If you do a job for $500.00 and have $100.00 in material you did not net $400.00 in my opinion. You probally neted close to $290.00 depending on tax rate and insurance cost. At least thats the way I look at it.:rolleyes:

[Nelson]

Originally posted by HOMER
It might have been better to take a poll on the gross income of a solo operator. Everyone is going to handle their affairs differently and the bottom line won't really give you a good picture.


Good Idea Homer !!!!

It is Gross now. I will just do that. :blob3:

[_GUNNER_8]

Nelson,
That was funny!!!!!LOL MUHAHAHAHA!!!!! People like u never seem to catch on.godfather was right on like he seems to always be.NO and again I repeat NO not everyone is willing to work hard.Its up to individual how much he wants to work,i see lot or should i say most so called compaines do a 8 to 10 hour day and sometimes 12. 12 hours a day is demanded for my crews monday threw friday and 2 or 3 of those days we will do 15 or 16 hours a day.my crews rotate every sat. and 3 out of 4 sundays a month so how much can a person or company make?? well i beleive its how hard u want to work and how many hours u want to put in!!!! :blob2: