You and I are at about the same place. I'm just a couple years younger, next year will be year 3 (I can believe that much time flew by
). I'm shooting for a gross of $100,000 with my company.
My company grew about 600% this year. To do the same for next year, that would put me at the $300,000 range. A bit lofty, but you never know.
Basic list of what I need to do:
1. Buy a plow! I have some questions on length of a truck with the width of a plow, if anyone knows on how well a 8' straight would fair with an ext cab long box, please let me know! ASAP
2. Get approved for financing from my bank to purchase an existing Spring Green LC franchise, the owner of it is retiring, it is a 100k business with 450+ clients, if I can get financing, I'll buy it and have an employee handle the applications, I'll manage it and if it grows enough, more employees. I then plan to push hard to sell those 450+ clients to go with my company for all other maint services, if I can even land 20% of that and they want to go with full service (what I always insist on clients doing) that's 90 clients. The area is on the North/Northeast metro but it's a tight route for the most part and would be perfect if my existing company can take on more accounts from that.
3. Sell my Viking & Metro (I'd hate to part ways with the metro as it's what I started on but the tranny is going and it's quite a bit slower than a hydro). Buy a TTHP (need a floating deck & hydro) or a Lazer Z if I find a good deal and then eventually a Walker GHS before fall to make fall clean ups easier. A side bagger for fall clean ups is back breaking!
4. Graphics on my truck! Along with line-x on the rockers & new tires & rims (rims & tires will happen in the spring)
5. Fix my website, GoDaddy was great when I built it (April of 2011 when I started business) but a guy in my class today took a look at it on a desktop computer at school when we were using design software and my text and stuff are not centered like they are when viewed on a laptop. I'm pretty good with websites, if anyone knows of a good host that's pretty cheap and they're sites are easy to build and most importantly, easy to upload pics to, GoDaddy sucks with that, let me know!
6. Buy an enclosed trailer, 7-8' x 14-18'. White. Get graphics on it.
7. Hire at least 1 person full time seasonally for my company, whether it be a high school/college kid for the summer or w/e. If the Spring Green goes through and my plan for maint clients works, I'll probably hire on 2 people. If that works and once things get going with that, buy a dump trailer and another truck and hopefully have a full time crew for maint and then a part time or even full time crew for design/install that I and 1 other person would primarily work on.
8. Buy a dump truck, if it happens this year, it'd be either a dump trailer or a dump truck, my grandpa has a mid 90s f350 diesel dump that he doesn't use and I'd like to buy it. If so, build a leaf box & buy a leaf loader.
9. Once I can manage and handle the explosion of growth that I'm hoping for, I'd rather be called crazy for planning than not do anything and grow too much without knowing what to do next. Focus on commercial properties. 2-3 years from now I'd like 1 commercial maint crew, 1 resi maint crew, & 1 design/install crew. On top of the whole spring green managing.
10. Buy a house that has a little bit of land!! Within 12 months I want to be in a house of my own!
I'm going to speak with my bank this week to also see what kind of numbers I need to be posting in order to get a loan for a house, I've had my eye on a couple different properties. Either that or save more for a down payment. If I were to get a house right now, I'd have monthly bills of about $2000. So I'd need to net about $5000 a month to be somewhat satisfied. The houses I'm looking at are about 20 miles west (Lake Minnetonka Area) of where I am. So more fuel will be burned to get to the eastern metro where the Spring Green stuff is, but for those that aren't familiar with MN, Lake Minnetonka is the most wealthy area in the state, and the potential in that area is endless, so there is even more of a reason to be out in that area. Call me crazy, but 1 commercial maint crew, 1 east metro resi maint crew, 1 east metro design/install crew, and then a north & western metro resi maint crew & a design/install crew.
11. If nothing with Spring Green happens, I'm aiming for 20 more full service maint clients, thus giving me 2 days a week of maint and I'd like to fill the remaining days of each week with installs with the exception of a 2 different weeks in July when I'm out of town, 4th of July & Millville Pro MX Nat'ls the final week of July this year.
12. Pay off my CC's, all student loans, and my truck. Long shot with all of them getting paid off but it's certainly possible.
13. I want to have just about all bills prepaid (or money saved to the side to pay them during the winter) and $10,000 saved for winter. I don't want to plow, at least not with my 8.1. I'd rather head south for the winter and eventually buy property in S FL and stay there during the weekdays & some wknds and take my toy hauler to races across the south/southeastern states racing motocross most wknds.
AND, something for myself.
Upgrade dirtbikes, to a 2013, either a Honda 250 or Suzuki RMZ 250. I've been riding Suzukis since 2003 and they've been amazing, no issues whatsoever! However I do want to try something new. But that isn't going to happen until at least may or so.
I'm sure I'm forgetting something but I'm going to c/p the jist of this into a document to look back at through the year. Running on about 5 hours of sleep, time to get some rest! Final projects, designs, & tests....