So I got really bored really late one night and decided to figure out what my exact costs of doing business...per service...is and it dons on me...at some point a client expects you to have your own equipment. I cant charge rental rates for the use of my mowers, trimmers, blowers, etc. Those are what I believe are tools that clients expect you to already own yourself...plus it lowers my service rate dramatically obviously for not charging them what it would cost them to go rent lets say...all the equipment to do their own lawn. How do I figure in the cost over time to purchase a new one in the years to come? Is that something that comes out of your markups and profit or do some of you guys have a way of passing that expense onto the client and never dipping into company profits? Of course I could always pay out of pocket but thats my own capital/profit...I've recouped my startup capitol and id like to change up my companies financial structure/setup so that its systematically buying new equipment to replace the old preferably before the original equipment is out of service or depreciated so far down that its just rolling junk that may or may not still run. I know some or most of you smart guys like to sell your equipment before the depreciation says its now a piece of junk...I figure 1000 hours on a piece of equipment probably has a decent resale value in the used equipment market but how have some of you figured out to pass the purchase of new equipment on the your clients without jacking your hourly rate sky high? Maybe im just way over thinking this or missing something...perhaps my understanding of depreciation is incorrect and im missing the figures of depreciation...is that where it fits in to the equation? Is that what i need to figure into my hourly rate to help cover future purchases. What tools are we generally expected to own ourselves out right and not bill for them as if we rented them...typical mowers, trimmers, blowers i would say are some the common tools we should own outright....but chippers, aerators, top dressers, specialty bed edgers...push blowers...or anything needed that you dont use day to day? Is there a rule of thumb any of yall know of to help with this? Any suggestions, comments, complaints, and concerns would be really appreciated. Thanks and God Bless.