help with finding funds

Discussion in 'Starting a Lawn Care Business' started by firehunter85, Feb 17, 2013.

  1. jones68

    jones68 LawnSite Senior Member
    Posts: 453

    dont borrow money.. save save save and pay upfront. what happens if you have your payment due and your mower or truck breaks down...what happens when a drought happens and you have limited income.. or god forbid you get sick or injured and cant work... I have grown quite well buying used and fixing my stuff nights and weekends.
     
  2. NIXRAY

    NIXRAY LawnSite Senior Member
    Posts: 511

    The best council I ever got was when going into business avoid 2 things Upfront Debt and a partner. Save save save. Even go get a PT job to earn some capital. And to start buy quality used equipment
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  3. Vanderhoff Landscaping

    Vanderhoff Landscaping LawnSite Senior Member
    Posts: 383

    I wish I knew about the partner thing before I got into this. But all is good now that the partner is gone. Staying solo from here on out.
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  4. NIXRAY

    NIXRAY LawnSite Senior Member
    Posts: 511

    It's hard to see people use friends/family as partners or even to lend. I personally hate owing people money. And then the whole partner thing he wants it one way you another. It's a slippery slope
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  5. Vanderhoff Landscaping

    Vanderhoff Landscaping LawnSite Senior Member
    Posts: 383

    You got that right!
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  6. 32vld

    32vld LawnSite Gold Member
    Posts: 3,984

    First problem is his marketing plan.

    Low Ball Mowing. He's going after the low profit margin customer that will drop you for $1 to $5 less offer from another LCO that is willing to out low ball a low baller.
     
  7. lalllc

    lalllc LawnSite Member
    Posts: 68

    I asked a guy that my mom knew who was wealthy when I started my company. What is the number one thing you can tell me that will help me be successful? He said, " Dont ever leave money on the table. Now get the hell out of my office I have work to do."
     

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