Thread: Capitalization
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Old 01-16-2004, 12:26 AM
Kelly's Landscaping's Avatar
Kelly's Landscaping Kelly's Landscaping is offline
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Join Date: Dec 2003
Location: Milford CT
Posts: 4,000
Ok you just started its April 1st or what ever date you picked first thing how do you get paid. If you demand cash as you go then this isnít much of an issue but not many customers like that. So you bill monthly which is the most common. Ok you work the entire month no pay you send your bills out on the 1st of the following month it may be 1-2 weeks before you start seeing any real month in your mailbox. So the first 6 weeks youíre kind of stuck with out any cash flow so how much do you need thatís easy enough to get though 6-8 weeks minimum. Gas oil trimmer line insurance phone advertising any employees all your costs need to be know also do you live home with mom if not rent or mortgage car or truck payments. Figure out what you really spend per month itís probably more then you think.
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