Saving money? What is this? I do not understand...
I have a problem, as every time I get a nice amount going on I gotta get some new tools.
It's not awful considering what the company wants, is what I want too. I don't want a bigger tv, new silverware... I want damn equipment!
If I get gas for my birthday coming up, It'll be the best gift ever. LOL.
As far as saving goes... Well... You just have to know your expenses & continue to save up for those random "accidents".
I could blow all my money on newer gear, while I let all my present gear rot. Though that's just stupid. Maintaining everything is what will help me save money.
Every time you buy a piece of equipment, make sure it gives you money back.
If you use a self propelled lawn mower & can manage with it, don't bother with a zero turn. The work still gets done, a zero turn is just a toy.
Though if it can bring you more business, by all means get one.
Personally, I'm getting one for comfort. So I can be fat all year round
Though this does not mean I wont be busting my arse trying to make it all worthwhile. I can be more efficient give or take, & manage more properties.
In my mind, I don't necessarily need a zero turn, but I want to have it before I do... Which isn't that wise, but it's what I want baby!!!!
With this zero turn, I could be working 3 1/2 days instead of 5. Which means I get more time to relax (silly) or pick up new customers (smart).
If I can fill up the rest of my days with even just 15 customers, the machine is paid off instantly & I can continue to enjoy what I do even more!
So the lesson in business is, don't spend your money on what doesn't make you money.
A lot of new companies start off with two guys (friends), that takes a toll on your funds majorly.
A helper doesn't even double your efficiency on a property. So right away your throwing money away.
Start alone, pay yourself well right away so you can spend on better equipment.
My goal is to take on as much work as I can handle. When I'm about to die on the job, is the only time I'll consider hiring.
I will have more money, which I can buy efficiency with (ZTM). Then I will gain more lawns. Now when I can't handle any more lawns with a ZTM at my side, THEN I will hire help. This is when I actually precisely know it's time to hire, & I'm not making a mistake.
I manage enough lawns other companies are doing with 2 man crews per week. Am I that far behind them during the day? They finish at 3pm, I finish at 5pm... Big deal! I'm not losing money at all!
Do what YOU can do, max yourself out. Then expect the same drive in the next person you hire.
That is how you save.
Am I going to hit a brick this season? Your damn right I am. I'm not hiring help, so that way I can afford repairs.
The only reason I don't do garden work, & hire someone to manage the jobs, is because I don't have the patience a garden requires. Though every garden pays for my worker, my workers pay NEVER comes out of my lawns.
Gutter Cleaning jobs allow me to enjoy McDonalds. Spring work allows me to maintain my equipment pre-summer & purchase materials & accessories / small tools.