help!!

Discussion in 'Starting a Lawn Care Business' started by Mr.Lawn, Nov 13, 2006.

  1. Mr.Lawn

    Mr.Lawn LawnSite Member
    from Florida
    Posts: 93

    Hey folks!! My father in law gave me this bug, so i thought I would seek some advice. I am getting ready to start up my business in the sunshine state. I want and plan to purchase a zero turn mower that would work best for a new outfit justing getting started. Also some body had said that they have a rider for the insurance through their homeowners policy?? Is it better to go LLC or S Corporation? Thanks guys and gals.:walking:
     
  2. ACutAbovesiny

    ACutAbovesiny LawnSite Senior Member
    Posts: 590

    S Corp for me.
     
  3. ACutAbovesiny

    ACutAbovesiny LawnSite Senior Member
    Posts: 590

    Not quite sure the benefits of an LLC over an S Corperation.
     
  4. djsp24

    djsp24 LawnSite Member
    Posts: 34

    different tax structures for either identity and the main difference is with an S-corp you can sell shares to investors to raise capital to start or expand a business, you can NOT do that with an LLC. When it comes to financing from a lender, LLC are very hard to get funding, S-corps are usually not as hard and C-corp's are by far the easiest to get funding for since they have been around for every and a day. ANY corp structure is a good idea because it protects your assessts like your home, car, etc. So i fully believe if you are going into any business, you really need to form a Corporate structure to protest you and your family.
     
  5. ACutAbovesiny

    ACutAbovesiny LawnSite Senior Member
    Posts: 590

    What would be the benefits of an LLC??
     
  6. MattsMowing3535

    MattsMowing3535 LawnSite Senior Member
    Posts: 386

    You dont need a ZTR this first season. Get a good hydro walkbehind and a nice sulky and you will be in good shape! I would recomend either the Exmark Or Hustler brands!
    Good luck

    Matt-
     

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