Jersey Guys

Discussion in 'Network: North' started by DLAWNS, Nov 8, 2008.

  1. DLAWNS

    DLAWNS LawnSite Fanatic
    Posts: 5,778

    If all you guys are going, I'll have to make it over there.
     
  2. FOX8701

    FOX8701 LawnSite Member
    Posts: 15

    Starting a lawn business in NJ, what do i need to do, starting from scratch?

    I have about 8 accounts i cut during the summer looking for more though in my area.. I am currently doing it on the side, should i continue to accept cash and do it on the side being i work full time, or is it better to go legally? If you reccomend so, where/how do i start? business licensce? etc? thanks
     
  3. xclusive

    xclusive LawnSite Bronze Member
    Posts: 1,052

    I highly recommend goin legit as would most if not all members on this site.

    1st you need to see if ur company name is available here https://accessnet.state.nj.us/GatewayWatchNameSearch.asp
    if its avalable then you need to get a tax id from the below website

    2nd you need to get tax id # here http://www.irs.gov/businesses/small/article/0,,id=102767,00.html

    3rd you need to register the business here
    https://www.state.nj.us/cgi-bin/treasury/revenue/dcr/filing/page1.cgi

    4th you need to finish the registration process here and pay $125
    https://www.state.nj.us/cgi-bin/treasury/revenue/dcr/reg/sos_dcrnew01_page1.cgi

    5th then you need to get business insurance usually a minimum $500000 will cost you round $525 for $1000000 its usally like another $25-$50

    6th most owns require a landscaping permit to do business so go to ur town clerk and see what the process is. if you register a a home improvement contractor with consumer affairs then usually the town permit fee is waived

    last if you are disposing of waste ie grass clipping, brush, etc then you need to get a dep #. if you do a serach here you can find that info in the starting a landscaping business section

    you can also go here for more infohttp://www.state.nj.us/treasury/revenue/gettingregistered.htm
     
  4. DLAWNS

    DLAWNS LawnSite Fanatic
    Posts: 5,778

    Damn, that's one of the most complete answers I've ever seen. Great post!Thumbs Up:clapping:

    And I agree, you definitely want to go legit...it can be a pain, but is definitely the better bet!
     
  5. xclusive

    xclusive LawnSite Bronze Member
    Posts: 1,052

    Thanks Bill!! I was once in his position and it was tough/frustrating to get all the right answers from people cause most people paid some1 to do it for them like legalzoom.
     
  6. FOX8701

    FOX8701 LawnSite Member
    Posts: 15

    thanks for the superb write-up! that's going to be a big help for me trying to get things together...

    i know it may be a somewhat personal question but in a general standpoint; how/what are you doing about the taxes? are you using an accountant? are you paying alot on taxes for what you make in jersey?
     
  7. DLAWNS

    DLAWNS LawnSite Fanatic
    Posts: 5,778

    My wife handles a lot of the books and takes care of a lot of the tax stuff, but we do use an accountant. I'm not sure what is considered a lot of taxes, but generally speaking to be quite honest taxes are pretty expensive.
     
  8. xclusive

    xclusive LawnSite Bronze Member
    Posts: 1,052



    no prob anytime..for paying sales tax i pay it monthly or quarterly depending on how much I bring in monthly. if you take in over $500 any given month in NJ sales tax alone then you need to pay that by the 20th of the next month. if not you just have to pay quarterly sales tax. For my personal/business taxes I have always used an accountant since they know all the right offs and so on.

    Let me give you one piece of advice make sure your books are accurate when you bring in money and spend your business money cause if the IRS ever audits you, you do not want to end up having to pay them more money cause your books were off. I know a few guys that got screwed this year and had to in upwards of 50 grand to the IRS cause their books were not accurate.
     
  9. J&R Landscaping

    J&R Landscaping LawnSite Fanatic
    Posts: 5,096

    I was there for the 1st day. I'm enrolled for the Basics of plant material course as well as the Landscape design course that start tomorrow. Probably won't make it due to the snow but we'll see!

    I missed the deadline for free sign-up for the show next week but I'll be attending that. What day are you others going to be there? I'd like to meet up to put faces with the names!
     
  10. shade tree landscaping

    shade tree landscaping LawnSite Senior Member
    Posts: 915

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