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How much profit did you make your first year?

Discussion in 'Business Operations' started by sticklelm, Dec 18, 2012.

  1. sticklelm

    sticklelm LawnSite Senior Member
    Posts: 335

    in terms of making money after buying equipment and advertising... no. i didnt make anything. But i made enough money to buy 15-20k worth of equipment and marketing. all i used for advertising this year was craigslist and word of mouth! well besides the 3 or 4 who called from a flier i hadnt out. lol. next year im going to do a whole lot more in terms of marketing so hopefully i will grow 2-3x as big from where i am now client based.
     
  2. H & M Yard Improvements

    H & M Yard Improvements LawnSite Member
    Posts: 214

    First year? Profit? I didn't know that those 2 were mutually exclusive! Lol
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  3. Davids Lawncare

    Davids Lawncare LawnSite Member
    Posts: 70

    First year you probably will not profit any thing unless you have all your equipment already. 17k first year in profited around half. But thats because all my equipment was very used. This past year 78k profited around 40k. But Im still upgrading equipment:(
     
  4. EquityGreen

    EquityGreen LawnSite Senior Member
    Posts: 393

    If you build your company right don't plan on making to much your first 5 years. Reinvest everything you can on nice equipment, marketing, and other promotions.
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  5. sticklelm

    sticklelm LawnSite Senior Member
    Posts: 335

    That's what I've been doing ever since 2 years before I started business.
    Posted via Mobile Device
     
  6. 205mx

    205mx LawnSite Silver Member
    Posts: 2,339

    After my mialage deduction, 13,000

    if you don't know What youre ACTUALLY making, you're making a mistake.

    Second year 41.

    2013 projection goal is 75. Projection is 68k
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  7. LandFakers

    LandFakers LawnSite Fanatic
    from CT
    Posts: 6,227

    First year $11,375
    Second year $43,510
    Third year hope to hit 65
     
  8. 205mx

    205mx LawnSite Silver Member
    Posts: 2,339

    we are in very similar situations!
     
  9. sticklelm

    sticklelm LawnSite Senior Member
    Posts: 335

    My goal for 2013 is 100k in sales. Most of that being maintenance work.
    Posted via Mobile Device
     
  10. 205mx

    205mx LawnSite Silver Member
    Posts: 2,339

    I believe the question was FIRST year
    Posted via Mobile Device
     

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