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  • Income/Expenses

    Does yall think this will work out for my business?
    This is just a estimate and a ruff one at that.
    Expenses:
    Insurance $100
    Phone $700
    Maintenance $150
    Gas $100
    Side help (making appointments, etc.) $140
    Helper $500

    Profit (estimated at 20 residential lawns @ $25 a piece and 2 commercial lots @$50 and $70 per week).
    $1665 profit

    Profit per month:
    $625
    putting:
    20% into savings for business (as a back up funds) - $129 per month
    30% into new equipment - $193.50 per month
    50% for personal - $322.50 per month.

    What do you think?
    Thanks!
    Last edited by workdog; 08-02-2010, 10:05 AM. Reason: added commnet
    WorkmanLawnCare.yolasite.com

    -Hunter

  • #2
    workdog Are you saying your phone bill is $700.00 A Month!? Your helper is bringing in more money then you are. Thats kinda sad. This is how i look at my report:
    48 Weekly Accounts At $70.00 A Month (Average) *$1750.00 Total
    12 Bi-Weekly Accounts At $45.00 A Month (Average) *$540.00 Total
    7 Pooper Scooper Accounts At $25.00 A Month *175.00 Total
    1 Commercial Account At $285.00 A Month *$285.00 Total
    Side Jobs..Mulch And Junk Removal Jobs $500.00 On A Bad Month *$500.00 Total

    Total Income $3250.00-$3500.00

    Expenses:
    Phone-$40.00
    Gas-$200.00
    Insurance-$800.00 A Year (67.00 A Month) <Just Got It Lowered
    Helper-$400.00 A Month (He Works 8 Days Out Of The Month) $50 A Day
    Total Expenses- $710.00 Month

    Business Account Gets $250.00 A Month
    Business Savings Gets $75.00 A Month


    $2265.00 Total Profit $ I make around $17.00 An Hour
    Plus I Deliver Pizza On Fri, Sat And Sun Part Time And I Make Around $1450.00 A Month With That

    I Make Around $3800.00 A Month With My Side Job

    ** Your helper should not make more money then you are. Bottom line. Thats how i run my business. But its up too you. I hope that phone bill is a year not a month.

    -Tyler

    Comment


    • #3
      Woops! I ment $70 per month for the phone. That was just a estimate.
      I hope my phone dosent get that high! I will eventually make more than my helper. This is just a start up. I hope to get around 30-35 weekly accounts. I need to revise it.
      workdog Are you saying your phone bill is $700.00 A Month!? Your helper is bringing in more money then you are. Thats kinda sad. This is how i look at my report:
      48 Weekly Accounts At $70.00 A Month (Average) *$1750.00 Total
      12 Bi-Weekly Accounts At $45.00 A Month (Average) *$540.00 Total
      7 Pooper Scooper Accounts At $25.00 A Month *175.00 Total
      1 Commercial Account At $285.00 A Month *$285.00 Total
      Side Jobs..Mulch And Junk Removal Jobs $500.00 On A Bad Month *$500.00 Total

      Total Income $3250.00-$3500.00

      Expenses:
      Phone-$40.00
      Gas-$200.00
      Insurance-$800.00 A Year (67.00 A Month) <Just Got It Lowered
      Helper-$400.00 A Month (He Works 8 Days Out Of The Month) $50 A Day
      Total Expenses- $710.00 Month

      Business Account Gets $250.00 A Month
      Business Savings Gets $75.00 A Month


      $2265.00 Total Profit $ I make around $17.00 An Hour
      Plus I Deliver Pizza On Fri, Sat And Sun Part Time And I Make Around $1450.00 A Month With That

      I Make Around $3800.00 A Month With My Side Job

      ** Your helper should not make more money then you are. Bottom line. Thats how i run my business. But its up too you. I hope that phone bill is a year not a month.

      -Tyler
      WorkmanLawnCare.yolasite.com

      -Hunter

      Comment


      • #4
        Another thought on paying your helper. pay by commission, for example.

        You charge 30$ for a yard
        Split in three's
        10 for you
        10 for him
        10 for the biz.

        Just a thought.

        Comment


        • #5
          Another thought on paying your helper. pay by commission, for example.

          You charge 30$ for a yard
          Split in three's
          10 for you
          10 for him
          10 for the biz.

          Just a thought.
          I like that idea!

          Thanks!
          WorkmanLawnCare.yolasite.com

          -Hunter

          Comment


          • #6
            Well, Im re-doing my expenses and profits. I did some of my math wrong (such as having 52 mowing a weeks, in Florida maybe but not in SLC, UT LOL).
            WorkmanLawnCare.yolasite.com

            -Hunter

            Comment


            • #7
              Another thought on paying your helper. pay by commission, for example.

              You charge 30$ for a yard
              Split in three's
              10 for you
              10 for him
              10 for the biz.

              Just a thought.
              Nice idea Chachi, do you feel this applies to leaf clean-up and removal as well ?

              Comment

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