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initial investment

Discussion in 'Landscape Lighting' started by TXNSLighting, May 9, 2007.

  1. TXNSLighting

    TXNSLighting LawnSite Fanatic
    from DFW, TX
    Posts: 6,462

    What was your initial investment getting into the lighting business? Im estimating 5- $10,000. am i way off, or right on?

  2. extlights

    extlights LawnSite Senior Member
    Posts: 439

    Depends on what you already have. You don't need a whole lot of tools, but make sure the tools you have are of quality...i.e. drills, bits etc. I will say that we did spend about 3 times your higher number listed in advertising alone our first year.
  3. NightScenes

    NightScenes LawnSite Silver Member
    Posts: 2,209

    I would say that it would all depend on where your starting from. I was already in business as an electrician so I didn't need a lot to get going in this field. Someone who is either in another field or maybe doesn't have any experience might have to spend more to get going. Myself, I had about $500 in the bank.
  4. TXNSLighting

    TXNSLighting LawnSite Fanatic
    from DFW, TX
    Posts: 6,462

    well i did more pricing today, and ive pretty well uped it to 15-20,000. thats trailer, tools, a good demo kit, some inventory, and a little bit of advertising.. havent figured out yet what kind of advertising i want to do, but of course the trailer will get lettered, and im sure ill do door hangers.
  5. Pro-Scapes

    Pro-Scapes LawnSite Platinum Member
    Posts: 4,181

    door hangers so far have been the biggest waste of time for us. Mag ad even tho it was 75% off was still a waste altho it does help name recognition.

    Going to go with direct mailers. 20k might even be a tad low for trailer tooling marketing and demo kit and inventory.

    Do you really NEED the trailer now ? Do you really need an inventory if you have a local dist ? I still dont stock much. I think I have 3 transformers about 5 spools of wire and probably 10 to 20 fixtures laying around. Bulbs are something I stock and worry about having inventory in. Prbably 150 bulbs between my truck and the shelf here.

    Work with the demo kit and marketing to start with. Add as needed from there.

    Like paul we were already in business as landscapers. We created a seperate company for the lighting which cost a bit more but we started with a few grand in the bank from a quick high profit landscape restore we did.
  6. NightScenes

    NightScenes LawnSite Silver Member
    Posts: 2,209

    I just got my trailer last year. I went two years without one. It has gotten me a lot of business though. I started very basic, ordered everything and didn't stock anything. Now I order my wire by the truckload and just received a whole pallet of transformers yesterday. I'll go through that stuff in about a month.

    It's almost time to order stuff for Christmas!! Here we go again.
  7. Dreams To Designs

    Dreams To Designs LawnSite Bronze Member
    Posts: 1,406

    But Paul, isn't it nice to have practically everything you need in that trailer on most jobs. So many times I have wished I would have brought this or that, but it's back in the shed.

  8. ChampionLS

    ChampionLS LawnSite Bronze Member
    Posts: 1,066

    The trailer is definitely worth it. If you custom order a trailer, go through all the steps and options. It's well worth it.
  9. NightScenes

    NightScenes LawnSite Silver Member
    Posts: 2,209

    Yes, it's great having everything for every install at hand. I was just saying that you can start out small and grow.
  10. extlights

    extlights LawnSite Senior Member
    Posts: 439

    Trailers are the way to go. Great for advertising (once lettered) plus they are very inexpensive. We're on our 5th trailer and would never go to a jobsite without one. You definately don't need one to start if you're trying to keep the start up cost down, but for around 3 grand you can't beat it.

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