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Old 03-24-2013, 10:09 PM
ringahding's Avatar
ringahding ringahding is offline
LawnSite Senior Member
 
Join Date: Jan 2010
Location: Stillwater, MN
Posts: 604
We are not DEBT FREE....we have taken on a certain amount of debt to build the businesses credit. This has actually made a huge difference in the growing process.
I can say my very first ever brand new anything Ford F350 is paid for. My brand new Toro G3/20' Enclosed Trailer and Chevy 3500 4-door will all be paid for before the end of this season.
Obviously there is a lot to be said for OWNING, I mean actually owning something.
I highly suggest those new to the biz, not to by everything BRAND NEW. If you can actually keep the business running past the five year mark, that will be the time to really consider it. Depending on how many accounts you have, budget, etc..
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