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Old 05-19-2010, 10:48 AM
1999 GMC 1500 1999 GMC 1500 is offline
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Location: Hampton, New Hampshire
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Starting my own company and need a little help

Hey guys my names Yianni, I am new to this site but anyways, I am trying to start my own company at the age of 16 I may be young but I really want this. So what things do I need besides insurance for a company thank you!
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Old 05-19-2010, 03:38 PM
mountfield mountfield is offline
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Join Date: May 2010
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Hey Yianni

I am in a similar situation to you, but a different country! The UK

I am leaving college this year and hoping to start up a landscaping business dealing with the basic maintainance side to start with, such as grass and hedge cutting etc.

I have arranged insurance and got a bank account sorted, i have invested in some basic equipment and a trailer

I am going to set up a website wioth the help of my friend and also get some t-shirts etc. printed along with some flyers and business cards

Good luck! and let us all know how it goes
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Old 05-19-2010, 10:35 PM
1999 GMC 1500 1999 GMC 1500 is offline
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So all I really need is insurance and equipment?
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Old 05-19-2010, 11:40 PM
nowayklown nowayklown is offline
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Location: mystic ct
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heres what you'll need. get a dba bank account in the business name. register your company name at your local town hall (this will get you your tax id # and all your reg paperwork) get a good business insurance (depending on what you are doing youll need more or less) get all required licenses (home improvement contractors lic and whatever else your state requires) that sould be all the paperwork you should need to get you up and running legally. if i left something out someone please chime in.
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Old 05-20-2010, 08:49 AM
1999 GMC 1500 1999 GMC 1500 is offline
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Thank you very much for the info guys! If anyone has opinions just keep on posting!!!
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Old 05-20-2010, 09:03 AM
ajslands ajslands is offline
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It's kinda late in the season to be starting, but you gotta start sometime!
You'll should get GL (general liabiltiy) insurance 1 mil.
You'll need a name for your bussiness, and a phone number,

You'll want to figure out how you are going to bill your customers, whether it be an invoice, a knock on the door, etc...
You should get a gas Leaf blower, and trimmer, and a mower will be important too.
You might want to make an excel sheet of all of your profits, expenses, bussiness profits, etc...



Hope this helps,

and the funny thing is, I'm only 17!
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Old 05-20-2010, 09:22 AM
1999 GMC 1500 1999 GMC 1500 is offline
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Haha thank you guys I'm on school right now haha
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Old 05-23-2010, 07:51 AM
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N.H.BOY N.H.BOY is offline
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Originally Posted by 1999 GMC 1500 View Post
Haha thank you guys I'm on school right now haha
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Stay in school, but you need to resiter with the state(really easy in N.H.), 100 bucks a year and you need to get insurance like the others said and become an LLC. Im from N.H. as well so good luck to ya kid.
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Old 05-29-2010, 01:12 AM
DuraCutter DuraCutter is offline
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Location: Alberta-Canada
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Originally Posted by N.H.BOY View Post
Stay in school, but you need to resiter with the state(really easy in N.H.), 100 bucks a year and you need to get insurance like the others said and become an LLC. Im from N.H. as well so good luck to ya kid.
Advice is fine till he's in your neck of the woods. No insurance, 15yrs old, full of vinegar and no overhead. Man, he'll undercut and kill your cashflow. You guys deserve it for giving advice so freely.

Lawncare is one of the only types of business where trade secrets are given away so easily.

I find it so innocent. Look around, where else do you see business people giving other starting companies all kinds of tips and tricks. Grow up, that is why the lawncare business is a joke.

Lame

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Old 05-29-2010, 08:16 PM
ProshopPB ProshopPB is offline
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Originally Posted by DuraCutter View Post
Advice is fine till he's in your neck of the woods. No insurance, 15yrs old, full of vinegar and no overhead. Man, he'll undercut and kill your cashflow. You guys deserve it for giving advice so freely.

Lawncare is one of the only types of business where trade secrets are given away so easily.

I find it so innocent. Look around, where else do you see business people giving other starting companies all kinds of tips and tricks. Grow up, that is why the lawncare business is a joke.

Lame

Or maybe the people that are successful feel educating society is a good thing specially when they ask for help. The successful people also don't worry about a little competition. Competition keeps you on your toes business wise.
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