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  #11  
Old 01-17-2011, 10:55 AM
Texas Lawn Texas Lawn is offline
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Lets say you are making a little over $1000 a month, which I do not consider a lot unless you are single and live rent free at home. Do you not pay for gas? Now lets say one of your machines break down, thats a big chunk out of your monthly income. Your also banking this success on the fact that you are not running a legitimate operation. You dont pay taxes and you dont pay insurance. If you are paying, then you do not have financial success unless you have no living expenses.
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  #12  
Old 01-17-2011, 11:02 AM
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Lefet Lefet is offline
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Oh please... not the machine broke down!!! $75.00/hr with mins just to look at it!
And what do I do in the meantime? How do I keep up with my customers yards? Gaurenteed middle of the season, NOBODY is going to get a quick turn around.
Hmm.... back up machine maybe?
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  #13  
Old 01-17-2011, 11:05 AM
coolluv coolluv is offline
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Well yeah I have 1 mill liability for $800 a year and commercial auto for an extra $200. I used up a bunch of gas passing out baggies and such. Does that count too?

Dave...
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  #14  
Old 01-17-2011, 11:08 AM
coolluv coolluv is offline
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Quote:
Originally Posted by gasracer View Post
Just a guess here but if you already owned it then you can't count it as a business expense now. You can sale it to yourself but they gets complicated.If you use the truck for personal use you can only count mileage. That's where having a CPA comes in. They cost you about $50-$80 a hour.
So if I'm a DBA I can't use those for my start up costs?

Dave...
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  #15  
Old 01-17-2011, 11:10 AM
coolluv coolluv is offline
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I had to replace a belt and buy some new blades and trimmer line and edger blades, man you go threw some edger blades quick. So that stuff counts too?

And here I thought I was making money.

Dave...
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  #16  
Old 01-17-2011, 11:12 AM
gasracer gasracer is offline
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These are the cost people don't think about. Sure you can make a $1,000 a month but when you take out all of your overhead(Blow a 27hp motor on a ZTR and it's over $2,000).figure in what you made per hour it doesn't always come out like it did in your head...
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  #17  
Old 01-17-2011, 11:12 AM
coolluv coolluv is offline
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See that's what I don't understand, I see so many posts about guys being able to charge less because they have no overhead.

I'm confused now....

Dave...
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  #18  
Old 01-17-2011, 11:16 AM
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Lefet Lefet is offline
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Quote:
Originally Posted by coolluv View Post
See that's what I don't understand, I see so many posts about guys being able to charge less because they have no overhead.

I'm confused now....

Dave...
Do you not keep track of what you spend and where? Even your time?
The day doesn't end because there's no grass to cut.
Who does your billing?
Who does your maintenance? Sharpens your blades, changes the oil, lubes?
Do you want to "survive", or make a living?
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  #19  
Old 01-17-2011, 11:17 AM
gasracer gasracer is offline
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Quote:
Originally Posted by coolluv View Post
See that's what I don't understand, I see so many posts about guys being able to charge less because they have no overhead.

I'm confused now....

Dave...

They lie or don't count it......Even if your equipment is paid for there is maintenance and replacement cost.
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  #20  
Old 01-17-2011, 11:18 AM
coolluv coolluv is offline
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Quote:
Originally Posted by Lefet View Post
Do you not keep track of what you spend and where? Even your time?
The day doesn't end because there's no grass to cut.
Who does your billing?
Who does your maintenance? Sharpens your blades, changes the oil, lubes?
Do you want to "survive", or make a living?
Well I just figured since I had nothing else to do that that doesn't really count. You mean that's part of overhead too?

Dave...
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