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Like TG said, it's never too late. The problem most guys have is they do almost all their advertising in the spring and figure that's all they're going to get. Last year I got more customer in May and June then I did in spring. Really hoping for the same to happen this year, things are really picking up now (Northeast Ohio).
\"Every strike brings me closer to the next home run\"
The SBA is having us come in at the beginning of May to apply for a loan. Up to twenty five thousand with the particular program we're going through. Sttart up with all new equipment would be around ten thousand with the rest being used for overhead and operating costs.
We're not to thrilled about all new equipment either but there's not much used around here that we've found that people are willing to give up. The start up would be alot less but our savings won't get us very far with operating costs. One of us is going o have to quite our job to make this happen (probably me) and we would rather keep our personal savings for personal bills and my daughters college. She starts next fall.
Quote[/b] (Team Gopher @ April 28 2006,9:48)]Paul,
I wish you the best with this. I do remember many lcos applying for them but I can't remember anyone getting an SBA loan. Let us know how it goes.
Is there any reason why you want to start off with a loan and all new equipment versus used equipment and scaling up?
There are probably a bunch of other lcos on this forum that would advise against taking on debt when you start up. I don't like the idea either.
Starting with used equipment and scaling up is the way we started. Didn't want to take out any loans to have to pay back. So far our customer base has allowed us to buy new equipiment. We are in the process of buying a riding lawn mower in a couple of days, so we can get started mowing lawns straight away. My husband is tire of the walk behinds and is ready to ride.