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initial investment

extlights

LawnSite Senior Member
Location
Madison, WI
Depends on what you already have. You don't need a whole lot of tools, but make sure the tools you have are of quality...i.e. drills, bits etc. I will say that we did spend about 3 times your higher number listed in advertising alone our first year.
 

NightScenes

LawnSite Silver Member
Location
Kingsland, Texas
I would say that it would all depend on where your starting from. I was already in business as an electrician so I didn't need a lot to get going in this field. Someone who is either in another field or maybe doesn't have any experience might have to spend more to get going. Myself, I had about $500 in the bank.
 
OP
TXNSLighting

TXNSLighting

LawnSite Fanatic
Location
DFW, TX
well i did more pricing today, and ive pretty well uped it to 15-20,000. thats trailer, tools, a good demo kit, some inventory, and a little bit of advertising.. havent figured out yet what kind of advertising i want to do, but of course the trailer will get lettered, and im sure ill do door hangers.
 

Pro-Scapes

LawnSite Platinum Member
door hangers so far have been the biggest waste of time for us. Mag ad even tho it was 75% off was still a waste altho it does help name recognition.

Going to go with direct mailers. 20k might even be a tad low for trailer tooling marketing and demo kit and inventory.

Do you really NEED the trailer now ? Do you really need an inventory if you have a local dist ? I still dont stock much. I think I have 3 transformers about 5 spools of wire and probably 10 to 20 fixtures laying around. Bulbs are something I stock and worry about having inventory in. Prbably 150 bulbs between my truck and the shelf here.

Work with the demo kit and marketing to start with. Add as needed from there.

Like paul we were already in business as landscapers. We created a seperate company for the lighting which cost a bit more but we started with a few grand in the bank from a quick high profit landscape restore we did.
 

NightScenes

LawnSite Silver Member
Location
Kingsland, Texas
I just got my trailer last year. I went two years without one. It has gotten me a lot of business though. I started very basic, ordered everything and didn't stock anything. Now I order my wire by the truckload and just received a whole pallet of transformers yesterday. I'll go through that stuff in about a month.

It's almost time to order stuff for Christmas!! Here we go again.
 

extlights

LawnSite Senior Member
Location
Madison, WI
Trailers are the way to go. Great for advertising (once lettered) plus they are very inexpensive. We're on our 5th trailer and would never go to a jobsite without one. You definately don't need one to start if you're trying to keep the start up cost down, but for around 3 grand you can't beat it.
 
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