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  #11  
Old 03-14-2013, 02:46 PM
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jrs.landscaping jrs.landscaping is online now
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Originally Posted by CollegeMowers View Post
didn't mean to quote you jrs
Not a problem
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  #12  
Old 03-14-2013, 06:23 PM
MSS Mow MSS Mow is offline
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Kubota has 0% on most if not all of their Zero turns right now.
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  #13  
Old 03-15-2013, 02:23 PM
rockymtnnut rockymtnnut is offline
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How are you saving 4000 by paying cash?? Zero percent is zero.. It usually cost about 300$ to get the "zero percent" i agree to be debt free but thats cheap money.
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  #14  
Old 03-15-2013, 02:33 PM
rockymtnnut rockymtnnut is offline
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Im sorry i misread your quote. Financing is a part of every business disciplined financing is a part of every Successful business. My first zero turn nearly added 40% productivity to my work. The sooner i had it the quicker i made money. As a business owner you have to build your credit. credit is a necessary asset to any business. even debt free companies have credit.
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  #15  
Old 03-15-2013, 03:22 PM
CollegeMowers CollegeMowers is offline
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Originally Posted by rockymtnnut View Post
Im sorry i misread your quote. Financing is a part of every business disciplined financing is a part of every Successful business. My first zero turn nearly added 40% productivity to my work. The sooner i had it the quicker i made money. As a business owner you have to build your credit. credit is a necessary asset to any business. even debt free companies have credit.
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Sure their is good debt and bad debt. Their are circumstances where you can use the money to leverage growth. Especially in circumstances where their is a 0% interest rate and you can use that money to buy equipment to up productivity or spend on growth mediums.

However, I see way to many guys going out and buying new **** on credit and think its extremely foolish. One scenario was Green Planet Inc (Bend, Oregon) went from start up to 14million annual revenue in just 3 years here. They financed all of their gear and when the housing market crashed/ work dried up and they didn't have money to pay for their fancy gear and went out of business.

Every other landscaping business in town got a hell of a deal on pretty much new gear when that happened .
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  #16  
Old 03-15-2013, 04:21 PM
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jrs.landscaping jrs.landscaping is online now
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Originally Posted by CollegeMowers View Post
However, I see way to many guys going out and buying new **** on credit and think its extremely foolish. One scenario was Green Planet Inc (Bend, Oregon) went from start up to 14million annual revenue in just 3 years here. They financed all of their gear and when the housing market crashed/ work dried up and they didn't have money to pay for their fancy gear and went out of business.
I'm sure the owners walked away with a nice salary when it was all said and done.

I do agree though, too many guys leverage everything so they can have the "best of the best" to start, when they don't have the income to support their new debt/operating costs.
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