this is a great discussion that im following closely. I started tracking my numbers a bit closer last year using an excel spreadsheet, so i can start to break down my numbers and see where Im at...and where im going. My resisdential crappy mower broke last season, so i went out and financed a new honda hrc 21 inch mower (most yards i do are smaller) and im very happy with it. Long story made short, at some point, that mower will have to be replaced. So even after its paid for, there still has be a way to replace that mower down the road, so it must be calculated into the man hours cost. Im taking notes yall....LOL.
Im taking a lot from this posting, so thanks to everyone for their contributions and points of view.
debt free or paid for equipment does allow you to be more competivite on your prices, but you still have to break down your numbers and determine what your costs are, and from there, determine what you want your profit margin to be based on where you are currently at. interesting..... and makes sense. As time goes by and the buisness grows (hopefully) the numbers game continues, and you must be staged to grow with the buisness and the grass that we mow...LOL.
My Primary Equipment:
2004 Chevy Avalanche
6.5x12 Dual Ramp Trailer w/ trimmer and blower rack
2012 21" Honda HRC-216 mower
2013 Exmark Commercial 30
20?? Gravely ZT1534 34" ZTR
Mclane 25" Reel Mower
2010 Husqvarna 21" mower with Honda engine
2008 Stihl FS250R Trimmer
2010 Stihl FS90R Trimmer
200? Stihl FC75 Edger
2013 Stihl BR 600 Blower
2013 Stihl SG20 Back Pack Sprayer
2013 Stihl HS81 t Hedge Trimmer
Poulan Pro 33cc with all the attachments
200? Billy Goat AE550 Core Aerator
Last edited by rbljack; 01-03-2013 at 04:32 PM.