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Why they say to stay solo...

Discussion in 'Lawn Mowing' started by 205mx, Mar 31, 2013.

  1. wildstarblazer

    wildstarblazer LawnSite Senior Member
    Posts: 978

    Under capitalization is the main reason I can never get passed solo. I had lots of work several years ago and 3 guys but could never come up with the money to pay everyone every week even though I had the work. The middle size is hard. Without $$$ to grow is real hard.
     
  2. lawns Etc

    lawns Etc LawnSite Silver Member
    Posts: 2,272

    Around here storage units you are not allowed to store anything with fuel or oil in it indoors but most places have large yards to store outside! But I wouldnt trust it outside unless you had an enclosed trailer.
     
  3. 205mx

    205mx LawnSite Silver Member
    Posts: 2,339

    That blows
    Posted via Mobile Device
     
  4. J & D Greens

    J & D Greens LawnSite Senior Member
    Posts: 763

    You know it, I put the best tires I could on my little trailer. I don't skimp on things like that. $400.00 for two tires that you would put on a RV. I just think people don't account for up keep until it hit them in the head.

    That is why I love my wife. She always puts things into perspective when she shows me where the money goes. Pow!
     
  5. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,715

    A lot of people forget to budget for support equipment

    pressure washer
    compressor (air tools)
    hand tools
    etc.....

    Trailer tires are around $125 and truck tires are over $250 unless we go with caps :cry:
     
  6. J & D Greens

    J & D Greens LawnSite Senior Member
    Posts: 763

    4 Hancock ATV tires $215 each = $860
    damage insurance $15.00 per tire = $60.00
    Taxes on tires $85.00
    Total for my set of tires. $1,005.00
    Forgetting to include this in my Bottom Line
    Bliss!:laugh::laugh::laugh:
     
  7. wildstarblazer

    wildstarblazer LawnSite Senior Member
    Posts: 978

    You gotta buy tires for any vehicle you drive. So if you have a job you can't say well I make 50K a year minus my $1000 tires so I net 49K. Plus you can't write off tires for your personal vehicle far as I know anyway. So some things are not completely business overhead per say.
     
  8. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,715

    We spent 30k last year on parts/repairs. How do you not factor that cost into overhead?
     
  9. TFLE

    TFLE LawnSite Senior Member
    Posts: 285

    I'm cheap. Do you put new tires on your truck every year? Every couple years I go to the junk yard and I don't know how but this guy gets incredibly nice 235/75/R16's duellers. I don't know where they come from but they are 40 bucks a tire, damn near brand new. It's a work truck and it's a dump truck it doesn't need 200/per tire tires on it. The tires pretty much match too. 160 for all four, had a buddy mount them and ready to roll, that was two years ago and I may squeeze another two more out of them. Steer tires I honestly can't remember when replaced them but they pass inspection every year and don't go flat. Trailer tires... I gave up on buying good trailer tires, I blow through them. Pivoting on the tires wears them out quick, plus it seams I always pick up nails or have one go off the bead and ruin it so I buy them cheap too. I bought 4 good tires one year and 2 of them made it till the end of the season that was enough. So trailer tires run me about 150 a year. Mower tires, two seasons so 100 bucks a year. My equipment looks good and I don't care what name is on the tires as long as they stay inflated, I've bought nice tires and have learned my lesson, I put my truck through hell sometimes and expensive tires go flat just like the cheap ones. So all in all, yes I would spend on average of like 300 bucks per year on tires... so 25 per month.

    As for support equipment here's how I look at it. If I were an accountant I would still have an air compressor, a garage full of tools, a computer, boots ect. Yes they are business expenses but if I weren't in business I would still have them so I don't get nearly as wrapped up in what they cost because they are things I would have anyway. Might not be the right approach but that's the way I look at it.
     
  10. J & D Greens

    J & D Greens LawnSite Senior Member
    Posts: 763

    I was being sarcastic about how people figure their net.
     

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