Register free!

The Green Industry's Resource Center



Reply
 
Thread Tools   Display Modes
  #11  
Old 09-02-2013, 05:13 PM
ojays lawn care ojays lawn care is offline
LawnSite Member
 
Join Date: Feb 2012
Location: east longmeadow, mass
Posts: 30
I have plowed before. I'm starting to lean toward quitting my reg job if I take on this account and hiring 1 part time helper. Only way I do that is if I get a 3 year contract. Also if I do that I have full intentions to quadruple my residential.
Reply With Quote
  #12  
Old 09-02-2013, 06:04 PM
easy-lift guy's Avatar
easy-lift guy easy-lift guy is online now
Sponsor
 
Join Date: Aug 2011
Location: Venice, FL. USA
Posts: 2,193
In spite of some sound advice spanning hundreds of years of experience, let me ask you some questions.
How is your credit, is it bad, fair, good, great, or I have no idea?
Are you presently able to pay all of your own expenses every month?
Do you presently have any insurance for your lawn care service already in operation?
Are you in good health, do you presently have health insurance with your full time job?
Do you have any idea or plans on how to keep your contract if you become injured or sick?
Please think carefully before you answer all of these questions.
easy-lift guy
Reply With Quote
  #13  
Old 09-02-2013, 06:55 PM
jrs.landscaping's Avatar
jrs.landscaping jrs.landscaping is online now
LawnSite Silver Member
 
Join Date: Mar 2012
Location: Maine
Posts: 2,426
Best advice I can give...........

http://www.lawnsite.com/showthread.p...hlight=won+big


You won't listen to us so maybe hearing it from someone who went through the same "small time to big time" transformation will shed some better light on the subject. It's easy to go "big time", but even easier to lose it all once you're there. On the plowing, if you think you can plow a $65k+ account with two pickups you really are in way over your head...........
__________________
Reply With Quote
  #14  
Old 09-02-2013, 07:12 PM
ojays lawn care ojays lawn care is offline
LawnSite Member
 
Join Date: Feb 2012
Location: east longmeadow, mass
Posts: 30
Appreciate that thread. Shed some light on the cons.
Reply With Quote
  #15  
Old 09-02-2013, 07:15 PM
easy-lift guy's Avatar
easy-lift guy easy-lift guy is online now
Sponsor
 
Join Date: Aug 2011
Location: Venice, FL. USA
Posts: 2,193
Quote:
Originally Posted by jrs.landscaping View Post
Best advice I can give...........

http://www.lawnsite.com/showthread.p...hlight=won+big


You won't listen to us so maybe hearing it from someone who went through the same "small time to big time" transformation will shed some better light on the subject. It's easy to go "big time", but even easier to lose it all once you're there. On the plowing, if you think you can plow a $65k+ account with two pickups you really are in way over your head...........
You may and probably are correct. I still would like the OP to please answer my questions.
Thanks
easy-lift guy
Reply With Quote
  #16  
Old 09-02-2013, 07:32 PM
ojays lawn care ojays lawn care is offline
LawnSite Member
 
Join Date: Feb 2012
Location: east longmeadow, mass
Posts: 30
Quote:
Originally Posted by easy-lift guy View Post
In spite of some sound advice spanning hundreds of years of experience, let me ask you some questions.
How is your credit, is it bad, fair, good, great, or I have no idea?
Are you presently able to pay all of your own expenses every month?
Do you presently have any insurance for your lawn care service already in operation?
Are you in good health, do you presently have health insurance with your full time job?
Do you have any idea or plans on how to keep your contract if you become injured or sick?
Please think carefully before you answer all of these questions.
easy-lift guy
Credit is as great
All expenses are paid
Insurance for co yes
Health insurance with dull time job yes
If I am injured. I know a few companies that could help cover for me.
Reply With Quote
  #17  
Old 09-02-2013, 07:53 PM
easy-lift guy's Avatar
easy-lift guy easy-lift guy is online now
Sponsor
 
Join Date: Aug 2011
Location: Venice, FL. USA
Posts: 2,193
Quote:
Originally Posted by ojays lawn care View Post
Credit is as great
All expenses are paid
Insurance for co yes
Health insurance with dull time job yes
If I am injured. I know a few companies that could help cover for me.
Great credit, I did not ask how old you are?
If at the end of each month your current with all of your expenses that is remarkable.
Enjoy your health insurance with your full time job, you will discover you may not be able to afford replacement insurance when you try working for your self full time.
How will you be able to pay the "other companies" while your sick or injured?
Will these companies be willing to sign a non-compete agreement so you can keep your contracts for your self, instead of others that "could help cover for me" when in fact they may be helping them selfs?
easy-lift guy
Reply With Quote
  #18  
Old 09-02-2013, 08:37 PM
nighthawk117 nighthawk117 is offline
LawnSite Senior Member
 
Join Date: Apr 2008
Location: MA
Posts: 268
Quote:
Originally Posted by ojays lawn care View Post
I work a full time job-M-Thursday, and on fridays i mow about 15-18 properties. I leave saturdays free for odd jobs like mulching hedge trimming and so forth. I have a 01 silverado 2wd, 14 foot trailer, 48" walkbehind, Redma backpack, Stihl kombi with weedwacker, pole hedge trimmer, and edger, as well as a stihl hedge trimmer, a stihl chainsaw, and a few push mowers. On fridays my brother works with me to do the trimming while i do the mowing.
A customer i have proposed a plan to me. He has the ability to land me 1 huge commercial account, Basically 2 separate condominium developments in two separate towns about 45 mins from were i am based. Its about a 60-70k landscaping contract plus separate plowing contract.
I figure im going to have to buy minimal a 1 ton dump, 60 inch zero turn of some sort, and a leaf vac to start. Also if i do the plowing contract will need a plow and sander for said dump, plus another 3/4 ton with plow( or i can sub second truck out)
I will probably have to hire a full time employee, perhaps 2?I suppose i could quit my main job but im just not brave enough for that yet. Im driving up with my customer to meet his Buddy who is the maintenance manager for the establishment. I'm hoping that I can land a 3 year contract out of it, because i need to pay for the the equipment im going to have to buy. Also im thinking i might not want to start a contract with them til the spring.
I do have a goal that if i do hire a full time employee that i will not longer be working the business but will transfer myself to being more of a salesman spending my free time advertising and trying to grow the business as big as i can manage. I do have a goal to eventually leave my full time job and do landscaping full time, but i need to make sure the landscaping is financially able to support me. What are some of the things that i am missing, problems i might face. Obviously i have never had a real employee so there is a large cost of doing that with insurances, and stuff.
I've seen this in the past, hilarious to say the least. Not to be rude, but listen to what is being told to you by many experienced business owners here! All the condo associations are always maintained by a sizable company, not a one man show for a reason, what towns are these in by the way ??
Reply With Quote
  #19  
Old 09-02-2013, 09:01 PM
ztman ztman is online now
LawnSite Senior Member
 
Join Date: May 2012
Location: mountain pa
Posts: 812
Quote:
Originally Posted by ojays lawn care View Post
Appreciate that thread. Shed some light on the cons.
The thread in post 13 pretty much says it all. Good luck with your decision. With all the equipment you have to buy, I don't see how you can make money. If you do elect to go for it, start a thread and keep us posted.
Reply With Quote
  #20  
Old 09-03-2013, 02:13 AM
Bryan27 Bryan27 is offline
LawnSite Member
 
Join Date: Aug 2013
Location: Memphis, TN
Posts: 145
I wouldn't even consider leaving your full time job before you've even seen the accounts. Hell, they may be losers at $65k. Walk the properties, find out the scope of work they want done, figure out what equipment you'll need, how many man hours the work will take, how much material it will take, how much it's going to cost you to do the work and how much profit you want to make. THEN evaluate if it's a good move to make or not. I've taken calculated risks, we all have. Getting in over your head maintaining a lawn is not the same as getting in over your head in a lot of other businesses, you can work your way out of this as long as it is profitable.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 06:22 PM.

Page generated in 0.07759 seconds with 9 queries