Winter Relaxation

Winter is the time when we get to relax a bit and plan ahead for the new year. Now, it depends how our financial status stands. Usually, it takes 2 to 3 years to fully establish a Landscaping business and keeping overhead cost down as much as possible can be rewarding for winter funding and business growth. I'm on my second year and still need to seek work during this winter to keep my bills paid. Let me tell you, its rough! specially when we get hardly any snow.

Hopefully next year I'll be able to relax a bit more, and just plow when ever we get snow for the extra income. It all depends how i manage my money, and how much more business will grow next season. I have quite a bit of overhead now from car loans, credit debt, mortgage, and investments on my business, making hard to establish an emergency fund. Only time and growth will get me and you to live a comfortable financial life style.

Choices to consider when starting a Lawn Care business...

1. Start with basic equipment: Pickup truck, Mower, Backpack blower, Weed eater, Hedge trimmer, Green Barrel, Rakes, and small trailer.

2. Start up by investing available cash: Try not to purchase equipment using high interest credit cards. This will add a monthly overhead expense you don't need during winter. If have a mortgage, and don't have available funding, apply for a home equity line of credit to use for the purchase of equipment. Remember, this kind of loan is tax deductible. This is the route I chose for the funding of my business.

3. Establish a winter fund: This will help carry you through the winter months when business is closed. Snow removal can bring home plenty of money, so be ready to invest on a plow for your truck. I will post more on this later.

Remember, the first 2 to 3 years are the hardest, once you are over the hump, you'll begin to be able to treat your self with newer trucks, or what ever you like to spoil your self with, like a sports car. Can't wait to get mine!
Keep unnecessary spending for now to a minimal. We are growing a business here! It is very important to establish that rule in your house hold. Sometimes our significant other don't understand that. It is crucial for the entire house hold to be supportive during these times.

Good Luck!
Lou