Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum

» Welcome to the Gopher Lawn Care Business Forum
GopherHaul Landscaping & Lawn Care Business Marketing Forum

GopherHaul Landscaping & Lawn Care Business Marketing Forum (http://www.gopherforum.com/forum-index.php)
-   Starting a lawn care business. (http://www.gopherforum.com/forumdisplay.php?f=32)
-   -   BEWARE: of going into debt (http://www.gopherforum.com/showthread.php?t=6492)

Steve 03-08-2007 07:52 AM

Here is a cautionary tale from someone who spent to much and went into debt.

Quote:

Originally Posted by [b
Quote[/b] ]I am embarrased to have come to this point in my life being I have always paid my bills and have a high credit score. That has all changed.
I now owe $13,000 on cc, $8,000 on a non-secured bank loan and $19,000 on a truck loan. All of this was purchased for my lawn care biz. I have lost so many account this year that I have been taking at least 500 a month out of savings to just pay my bills and each month I am sinking deeper and deeper in debt. I have tried everything, putting my truck up for thousands under trade, cant sell, putting my equipment up for half of market value, nothing. It has greatly affected my health from worring about it. My wifes name is no where on the loans and she has no idea how much Im in deep crap. My question is I still have a few grand in savings, I own a small home only appraised at 33k. Can they take this away from me and is my wife held responsible since she has her own cards and checking account. We also have children still at home and the home is paid for. Even taking out a home loan wont help me since I was recently diagnoticed with fybermyalgia but Dr. wont write me up for disability until he tries different treatments on me. BTW, I did not include the several grand in medical bills. Just wanted to ask before I bothered to go see a lawyer. Im so ashamed of getting to this point in my life and Im not a young person and thought I knew how to manage money. I have worried myself and dont want my family to know how bad a shape we are fixing to be in. Thanks for any advice.


JacobsLawnMowing 03-18-2014 09:04 PM

It is tempting to take the $1000 advertisement no money down no credit check you pay later after you start getting customers, and the $20,000 lawn mower that can compact 100 bushels of grass or go and get a $50,000 pick up truck, luckyly I called it quits when I was only breaking even with advertising it has been two years since and I am now trying to get my lawn mowing business restarted, I am hoping people will remember my name and I can get some of my old customers back I need to spend $500 for a lawn mower and weed eater and another $400-500 on advertising, that will be another $1,000 in debt, I paid off the advertisment out of my own pocket and I am using personal credit and money to pay for my start up cost, but if this doesn't work a 2nd time I don't think I will get a 3rd chance, so after I get my equiptment and first 2 months advertisments and I cant pay for it out of company cash no "business credits offers" I will just have to see if I will make it, I may invest some of my personal money into the business but the business will have to pick itself up soon.

kslawn 03-19-2014 07:12 AM

Do you have any customers now? if you don't mind me asking.

Darksteel 03-19-2014 12:45 PM

I'm doing everything as cheap as I possibly can. If it's not 100% necessary then it's out.


All times are GMT -5. The time now is 05:10 AM.

Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.
(C) 2011 Riggs Publications - Terms of use & Privacy Policy

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Bid for large home...
lxarth
03-22-2015 11:06 AM
Today 01:08 AM
by lxarth
10 356
Dethatching attachments
jcurr33
Yesterday 08:56 PM
Yesterday 08:56 PM
by jcurr33
0 27
Billing methods
jcurr33
03-26-2015 01:33 PM
Yesterday 05:13 PM
by avetslawncare
8 217
Covering a landscape...
Dan Tanner
Yesterday 09:01 AM
Yesterday 05:06 PM
by avetslawncare
2 68
bidding a cemetery....
NPM_LLC
03-28-2015 10:56 AM
Yesterday 01:18 PM
by jrs.landscaping
5 127
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 12:06 AM
Yesterday 12:50 PM
by SC93
3 396
35,000 Eddm
greenscaper123
03-18-2015 12:51 PM
Yesterday 12:32 PM
by SC93
19 538
Weed and Feed
robkattankate
03-19-2015 09:00 PM
Yesterday 08:42 AM
by Dan Tanner
5 480
Ferris FW35 questions
Chilehead
03-10-2015 08:31 PM
03-28-2015 03:14 PM
by Dan Tanner
5 402
First big mower decision?
SGL1
03-28-2015 08:58 AM
03-28-2015 08:58 AM
by SGL1
0 79
Employee job training...
brookline
12-15-2014 07:15 PM
03-28-2015 08:43 AM
by biglee
28 2,415
Mower vs lot size advice
jcurr33
03-25-2015 09:29 PM
03-28-2015 08:37 AM
by Dan Tanner
5 205
Finally got a warehouse
avetslawncare
03-12-2015 07:52 PM
03-28-2015 08:25 AM
by SGL1
11 546
Trepidation about...
michellemarvin
03-23-2015 07:46 PM
03-28-2015 05:35 AM
by Dan Tanner
2 184
How do you get...
ESREVER
03-25-2015 01:30 PM
03-28-2015 12:18 AM
by lxarth
7 216
I lost a long term...
Sprinkler Buddy
09-04-2011 02:24 PM
03-27-2015 11:42 PM
by lxarth
15 3,455
hoa bid need help
bigdaveha12
03-24-2015 08:29 PM
03-27-2015 11:17 PM
by lxarth
6 264
introducing myself
chris2500hd
03-24-2015 11:16 AM
03-27-2015 02:02 PM
by Steve
8 242
Commercial Jobs
CurbAppeal1
03-25-2015 04:22 PM
03-27-2015 12:29 PM
by biglee
5 210
Flag or no flag
Matther777
03-24-2015 02:41 PM
03-27-2015 12:25 PM
by biglee
10 353
Office Administration...
Girlfriend
03-26-2015 05:40 PM
03-26-2015 05:40 PM
by Girlfriend
0 475
Is this tree beyond help?
SGL1
03-22-2015 05:35 PM
03-25-2015 08:55 PM
by SGL1
14 892
Opinions on truck wrap
Trupro
02-28-2015 03:21 PM
03-25-2015 07:54 PM
by Trupro
33 1,600
The New Wave!!!! Read...
Jamesw86
03-22-2015 08:33 PM
03-25-2015 02:50 PM
by Steve
10 331
grass in the gas tank
robkattankate
03-23-2015 04:37 PM
03-25-2015 02:36 PM
by Steve
5 213
Helping others
hansenslawncare
09-15-2011 08:50 PM
03-25-2015 02:33 PM
by Steve
11 2,677
DOT Number
acrajchel
03-20-2015 05:56 PM
03-25-2015 02:28 PM
by Steve
7 458
Michelin x tweel.
apmAkron
03-23-2015 04:22 PM
03-24-2015 12:40 PM
by Steve
3 150
spike aerator???
Bradcook21
03-21-2015 01:55 PM
03-24-2015 10:32 AM
by acrajchel
4 234
Hello from Maryland
michellemarvin
03-23-2015 12:44 PM
03-23-2015 07:33 PM
by michellemarvin
2 155
hello from south GA.
CCandALawnCare
03-23-2015 03:46 AM
03-23-2015 07:06 PM
by CCandALawnCare
2 141
Say Hello !!!
Steve
03-19-2007 11:18 AM
03-23-2015 06:14 PM
by jethro
1,218 380,290
Is anyone doing mosquito...
BWild
01-27-2015 11:30 AM
03-23-2015 12:28 PM
by Steve
9 864
Should i take on this...
christw
03-17-2013 01:23 PM
03-22-2015 09:02 PM
by ExtremeLawncareServices
36 7,594
mower stalls when...
boog
03-19-2015 08:20 AM
03-21-2015 08:13 PM
by Wolf4dk
7 283
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
03-20-2015 10:00 PM
by ExtremeLawncareServices
32 3,864
Hello Emily Reyes from...
Webster14829
03-20-2015 11:23 AM
03-20-2015 03:36 PM
by Steve
2 192
Finally going to give it...
jcurr33
03-12-2015 08:09 PM
03-20-2015 03:31 PM
by Steve
10 576
Weed id?
SGL1
03-17-2015 08:20 PM
03-20-2015 02:37 PM
by Steve
6 296
Mobile small engine...
luckylogger
03-15-2015 02:05 PM
03-20-2015 06:17 AM
by jrs.landscaping
15 506
Brad Cook 21
SC93
03-16-2015 10:40 PM
03-19-2015 09:04 PM
by Bradcook21
4 426
honest opinion please
uppercut
02-17-2015 01:30 AM
03-18-2015 02:55 PM
by Steve
15 1,342
Repair or replace the...
lxarth
12-17-2014 04:07 PM
03-18-2015 02:49 PM
by Just for Cuts
21 2,041
new to the site
bigdaveha12
03-17-2015 09:13 PM
03-18-2015 02:33 PM
by Steve
1 220
Small dovetail truck...
ExtremeLawncareServices
03-04-2015 06:47 PM
03-17-2015 10:14 PM
by ExtremeLawncareServices
17 880
New Site Hows it look
Infinitelawn
03-16-2015 10:32 AM
03-17-2015 08:15 PM
by SGL1
3 298
mulch questions
Bradcook21
03-08-2015 08:37 AM
03-17-2015 07:00 PM
by Bradcook21
23 1,018
Scag hydro w/b frame...
Just for Cuts
03-11-2015 03:32 PM
03-17-2015 06:37 PM
by lxarth
11 595
Buy new or used?
lxarth
12-26-2014 09:50 PM
03-17-2015 06:11 PM
by lxarth
14 1,746
New to 2015
Infinitelawn
03-16-2015 08:29 AM
03-17-2015 11:47 AM
by Steve
4 308
Read more about these lawn care business marketing categories.
General Business:
GopherHaul, Podcast
How to Estimate - Services To Offer:
Aeration, Apartment / Condo, bed edging, Color Change Plantings, Dethatching, Edging, Fall Leaf Cleanups, Foreclosed Homes, Gutter Cleaning, Hardscaping, Hedge Trimming, Home Safety Inspection, Irrigation, Landscape Project, Lawn Mower Repair, Mowing, Mulch Jobs, Outdoor decoration, Parking Lot Cleanups, Pet Waste Removal, Pressure Washing, Property Management, Snow plowing, Stump Grinding, Tree Removal
How to Estimate Jobs:
Lawn Care Business:
Barter, Bikini Lawn Care, Business Failure, Business loan, Business Plan, Debt, Debt Collection, Estimate or Proposal Form, Franchise, Fuel surcharge, How to sell, Insurance, Job Tracking, Lawn Care Contract, Lawn Care Customer Survey, Lawn Care Uniform, Lawn Care Videos, Operational Costs, Overhead Costs, Prepay, Pricing, Start up, Tiger Time Lawn Care,
Lawn Care Business Books:
Lawn Care Customers:
Buying customers, Commercial Customers, Customer Retention, How to get, Residential Customers
Lawn Care Employees:
1 Man Lawn Crew, Bonus Pay, training, Your First Employee
lawn care equipment:
bed edger, Lawn Care Truck, Leaf Sweeper, Mower, New Arrival, Trailer, UltraVac
Lawn Care Marketing:
Billboard, Brochure, Business Card, Community Projects To Promote Your Business, Coupons, Cross Promotion / Synergy, Direct Mail, Door hanger, door to door, Free Giveaway Contest, Free Lawn Care Flyer Template, Gift or Discount Cards, home show, Internet, Lawn Care Business Sales Letter, Lawn Care Logo, Lawn Care Marketing, Lawn Care Truck & Trailer Signs, Lawn Care Website, Lawn Signs, Magazine Ad, Magnets, Mailing list, Marketing on Craigslist.com, Newspaper Ads, Parade, Postcards, publicity stunt, Referrals, Review My Lawn Care Marketing Material, t-shirt, Welcoming Kit, Word Of Mouth
Seasonal Promotion Ideas:
4th of July, Armed Forces Day, Christmas, Election Day, Fall, Halloween, Memorial Day, Spring, Summer, Valentine's Day, Veteran's Day, Winter:
Software:
Estimation Software, Landscaper Software, Landscaping Business Software, Landscaping Estimate Software, Landscaping Software, Lawn Care Business Software, Lawn Care Estimating Software, Lawn Care Software, Mowing Software
Uncategorized:
Video:
Website:
Search Engine Optimization
» Lawn Care Business Discussion Categories
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 05:10 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 05:10 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy