who makes 6 figures? walk before you run

Discussion in 'Business Operations' started by georgialawn88, Feb 21, 2013.

  1. APLUS LAWN CARE

    APLUS LAWN CARE LawnSite Senior Member
    Male, from North Missouri
    Posts: 587

    I'm not picking on him. I had a lengthy chat with him and we agreed to disagree and that was that. I don't have any problems with him. I just wanted to know how we was doing.
    Posted via Mobile Device
     
  2. newguy123

    newguy123 LawnSite Bronze Member
    Posts: 1,095

    Yeah I hear ya...I want to know too.
     
  3. jonthepain

    jonthepain LawnSite Senior Member
    from Raleigh
    Posts: 520

    While I am somewhat interested in a report from the annoying Aussie, the reason I clicked on this thread is because I don't know whether or not (or how) to go to the next level in my business.

    I am turning away a lot of work, which hurts, but I'm more afraid to invest in new equipment and employees and possibly lose control, hurt my reputation, and lose everything.

    Which is what intrigued me about your post, d.l. What's a good profit & loss report in this industry look like, and what would I look for in it to help with my decision?

    Thanks,
    Jon
     
  4. 205mx

    205mx LawnSite Silver Member
    Posts: 2,339

    Do you use accounting software? ^^
    Posted via Mobile Device
     
  5. jonthepain

    jonthepain LawnSite Senior Member
    from Raleigh
    Posts: 520

    nope. ledger book.

    i'm an old guy i guess

    willing to look into it though
     
  6. 32vld

    32vld LawnSite Gold Member
    Posts: 3,984

    Your prices should of had enough profit for you to buy new equipment to grow. So no need to fear spending money. The money should of been there because you had the profits to set aside.

    Every LCO from the time that they get their first customer should of been looking for good people to hire for the occasional big job that needed the extra man power. They have work with you so they now know how you do things.

    The people that have helped you out from time to time are now a pool of potential steady part time employees.
     
  7. jonthepain

    jonthepain LawnSite Senior Member
    from Raleigh
    Posts: 520

    two of my sons used to work for me full time but they both went back to college.

    what i'm really interested in is, what does a good profit and loss statement look like for an LCO, and what should I look for in it?
     
  8. 205mx

    205mx LawnSite Silver Member
    Posts: 2,339

    After an injury, I decided to start doing book keeping and accounting for local businesses focusing on LCO's. I charge 30-$200/ mo depending on size. I use top line quick books. .... Look into quick books or quicken. Maybe sage. Difficult to learn. But it will show p&l and all sorts of reports for you.

    Be willing to tele work for you. Maybe free for 40 days to prove since you don't know me personally. Or just purchase some software and learn it.

    Good luck either way friend
    Posted via Mobile Device
     
  9. jonthepain

    jonthepain LawnSite Senior Member
    from Raleigh
    Posts: 520

    thanks, 250, that's very kind of you.

    ok if I get back to you on that? I'll be slowing down here in a month or so.

    Thanks again,
    Jon
     
  10. 205mx

    205mx LawnSite Silver Member
    Posts: 2,339

    Sure. Not a problem. Pm me and I'll give you some info on what I can do.
    Posted via Mobile Device
     

Share This Page