Anyone have regrets/joys leaving a decent full time job for starting a business?

Discussion in 'General Industry Discussions' started by MDLawn, Sep 26, 2012.

  1. zak406

    zak406 LawnSite Bronze Member
    Posts: 1,519

    In that case your vacation is video games. Much like mine is a jet ski. Your video games are like my jet ski... I'm no good at video games so I don't play them
     
  2. macgyver_GA

    macgyver_GA LawnSite Senior Member
    Posts: 826

    What's your average price per lawn?
    How many lawns do you have?
    Average # lawns per hour (Production)?
    Drive time?
    Are you actually working all 8 hours?
    Fixed costs (shop, insurance, vehicle, licenses, etc)?
    Average fuel consumption per hour per piece of equipment?
    Vehicle fuel consumption?
    Average cost per employee per hour (Wage, UE benefits, work comp ins, etc)?
    Both running a mower? or one running trimmer, blower, etc and one mowing?
    More mowers running = higher expense
    Equipment depreciation?
    Equipment maintenance cost per hour?
    Saving for new equipment in future (figure this into hourly cost of equipment based on avg life span of equipment)
    Don't forget about the law of diminishing returns ("Too many cooks in the kitchen" & fatigue. This basically means the adding each employee doesn't double your production, each additional employee reduces the potential production increase by X %)

    As someone else said... WAYYY too many variables. I've built spreadsheet with a lot of these variables in formulas to ESTIMATE this but it's different for everyone and not always the same as real life.
     

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