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would you do it?

lawnwizards

LawnSite Silver Member
if you could work 5 hours a day and gross $200.00 would you be content? keep in mind, this is for small lcos. also, this is coming from a family man's point of view. 5 hours a day 5 days a week.... $1000.00 gross? would you? be specific as to why or why not with your answers. thanks.
 

Nosmo

LawnSite Bronze Member
If I had a wife and 2 kids - No. $1,000.00 per week gross
less expenses would be in the neighborhood of $700.00.

$700.00 x 30 weeks approximately cutting time is $21,000.
Which is the net business income. Now income tax and
self employment tax (estimated tax payments) is going to whittle this down a lot.

Family expenses, mortgage payments and car payments are going to whittle it down to very little left if any.

Nosmo
 
No way!. By the time you subtract all the necessary overhead expenses, $200 a day isn't worth it at all.
You need to come up with a detailed list of ALL the expenses you have in order to answer your question for yourself.
I'm relatively confident that once you completely assess your overhead, $200 a day, or for five hours isn't worth it.
 

1MajorTom

Former Moderator
Location
Pennsylvania
For 52 weeks or just a regular 32 week cutting season? Either way no, it wouldn't be enough money to sustain our lifestyle especially with 2 growing kids. The older the kids get, the more expenses the household incurs.
This week alone we put out an extra grand having to purchase class ring, school photos, birthday presents for our 5 year old, etc.
 
OP
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lawnwizards

LawnSite Silver Member
this is just a hypothetical question. doesn't pertain to me. but say the season is 40 weeks. and your spouse makes around 30,000 a year. bills all add up to 1500 a month.
 

Jpocket

LawnSite Silver Member
Location
DEL-MAR-VA
Even Being single, and living at home $1,000 a week is alittle low. But a single person could make that work very well. A family man NO way you could qualify for food stamps
 

DSIM

LawnSite Senior Member
Location
Arlington, Texas
$200 a day sounds good to me for 5 hours. No kids here though. Only me & the wife. I only work 4-5 hours a day during the summer here in Texas. Thats all I can stand now that I'm 38. My wife has two jobs, so that helps.

I'm looking into getting into real estate or home inspection to supplement soon.
 

QualityLawnCare4u

LawnSite Gold Member
In my area a 1000 a week is considered wealthy. Some days I work less than 5 hours and make 200 and other days it may be less hours and less $$$. But to answer your question I would be very happy with it.
 

Sharp Services

LawnSite Senior Member
Location
Eastover, SC
I am a family man ... with six kids ... so I know that kids are very expensive. There is no way I would settle for $1000 a week, even with the wife working. Familys are very expensive (College, food, shelter, toys - some for the kids too, medical bills ....)

I would not think that would be enough.
 
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