Pros and Cons of owning a Business

Discussion in 'General Industry Discussions' started by rusty_keg_3, Jan 19, 2011.

  1. jhouchins

    jhouchins LawnSite Member
    from East TN
    Posts: 182


    Very well said. No debt is the way to go. I would advise anyone starting there own business to listen to Dave Ramsey. Debt is dumb and cash is king.

    Great post
     
  2. jeffslawnservice

    jeffslawnservice LawnSite Senior Member
    Posts: 830

    You actually can. The customer is in a way your boss. So you have a lot of bosses.
     
  3. Puddle of Oil

    Puddle of Oil LawnSite Bronze Member
    Posts: 1,203

    note the key word "starting"

    Debt can be a good thing if you use it right, but not the first year in business.
     
  4. ed2hess

    ed2hess LawnSite Fanatic
    Posts: 12,961

    And what if you don't have any cash:confused:
     
  5. kilgoja

    kilgoja LawnSite Senior Member
    Posts: 944

    use what you already have or borrow from relatives until you get your feet off the ground...no matter how crappy it is...it's still free lol
     
  6. borwicks

    borwicks LawnSite Senior Member
    Posts: 615

    I would seek out accounts first. Then see what kind of equipment is needed and get some advice on here.
     

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