once in a life time

Discussion in 'Starting a Lawn Care Business' started by jfoster, Sep 21, 2005.

  1. jfoster

    jfoster LawnSite Member
    Posts: 6

    If you had the fund to buy all your equipment and support your family for a year or more would you spend the cash or take the financing options from the local dealer. Do you start of debt free or keep the cash in reserve?

    Just looking for some good advise.
    thanks :) :)
     
  2. sheshovel

    sheshovel LawnSite Fanatic
    Posts: 5,112

    I would finance the most expensive piece of equipment to establish a good credit record if needed,then I would put that cash in the bank for winter and emergency $.Then I would buy the rest of the stuff outright so my pmnts were managable in case I got slow I could still handle it.
     

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