new landscape buisness ?'s

Discussion in 'Starting a Lawn Care Business' started by slayer13x, Nov 17, 2013.

  1. slayer13x

    slayer13x LawnSite Member
    Posts: 4

    next year I will be starting my business back up but by myself.
    I want to to be 100% legal no under the table stuff.
    I will be based out of Mayfield hts. Ohio and the citys around me have property's ranging from 1/4 acre to full acre lawns.
    I would like to be putting 1000$ biweekly into my pocket and keep the rest in the business.
    I sofar have one truck which is a 2003 s10 4x4 that will be pulling a 5x8 trailer and possibly in may getting a 2nd truck 2005 ram 1500 4x4 that would be pulling a 6x12.
    how much should I be looking at for insurance in this area for just lawn care and basic landscape installs (lawn install,patios,tree planting,bed installs ect.) I am hopeing to get 30-50 lawns starting this year.
    is 1000$ bi weekly for myself to keep expecting too much?
    also if I get the 2nd truck/trailer I will be hiring on 2 other guys at 8$ an hour under the table
     
  2. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,716

    No "under the table" stuff huh ;) :hammerhead:
     
  3. inzane

    inzane LawnSite Silver Member
    Posts: 2,361

    oh yeah, but that doesn't count right? :laugh:

     
  4. slayer13x

    slayer13x LawnSite Member
    Posts: 4

    haha yea yea ik. I need to figure out how much itd cost to hire over the table. would they end up actually costing me 15$/hr if I hired them at 8?
     
  5. TheLugNutZ

    TheLugNutZ LawnSite Senior Member
    Posts: 410

    I'm new around here but can tell you that I don't think people are going to be too fond of giving advise to someone that is openly talking about not being legit. Do what you have to do, but don't ask is for advise about doing illegal things.
    Posted via Mobile Device
     
  6. A. W. Landscapers  Inc.

    A. W. Landscapers Inc. LawnSite Bronze Member
    Posts: 1,287

    I don't how you could possibly do that. You do realize that you just confessed that you intend to commit a crime? And you admitted it on an internet forum that can be viewed by anyone.

    As far as your questions go…

    There is no way for us to know how much your insurance will cost you. You should call insurance companies and get quotes…they will tell you exactly how much the premium will cost you for the level of insurance you are requesting.

    "Bi weekly" can mean twice every week or once every two weeks. You need to know your numbers. You haven't even shared any of your numbers with us so how can we tell you if you taking $1000 out of your business is a wise move or not? We don't know your gross sales, your expenses, your overhead, etc. All you told us is that you want to service 30 - 50 lawns and you want to take $1000 out of the business "bi weekly".
     
  7. TPendagast

    TPendagast LawnSite Fanatic
    Male
    Posts: 7,564

    im curious how you think you are just going to spontaneously combust enough work for two trucks in the span of your opening year.... much more interested in that plan.

    Maybe hiring people for 8 bucks, under the table gives you the edge to under bid legit folks, thereby stealing their business?
    Is THAT the plan?
     
  8. Coolclay84

    Coolclay84 LawnSite Member
    Posts: 47

    Frankly I don't care if you don't see a dime. Too many people on here stress day and night about trying to follow the laws, make payroll, and pa their fair share of taxes like everyone else. I would re-think your business.

    What's the name of your company? Perhaps someone at the IRS can help you.
     
  9. slayer13x

    slayer13x LawnSite Member
    Posts: 4

    I never said I was going to go around stealing buisness. And if you read my second post I said that I needed to figure out how much they would cost over the table. And in my Area I can't think of one company that hasn't had a few guys working under the table for them in the summer. I also asked if 1000$ biweekly (every other week) was expecting too much. I NEVER said I was going to be making that much from the start.
    Posted via Mobile Device
     
  10. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,716

    From guessing (which I hate doing) you will need to bring in OVER 91k in your first year to cover operating expenses including your $26k (guess) salary. If you can make that your first year :clapping:, or you could start slow, yourself with the s-10 setup is a good start. Talk to a CPA and a lawyer before you start, and trust me, before you start with employees KNOW THE LAWS. It takes ONE disgruntled employee to take everything you've worked for if you haven't done things legally. No one knows your situation but you, so take your info and talk to the experts, 'cause I just mow grass for a living :drinkup:
     

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