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 > Just starting your lawn care or landscaping business? > Starting a lawn care business.

Starting a lawn care business. How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.

Help PLease


Starting a lawn care business.

How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 02-08-2010, 01:42 PM
scottacme13
Guest
 
Posts: n/a
Default Help PLease

Hi My name is Scott. I own a full service company for the past 10 yrs. and I do good for my self always trying to improve. I am starting school for irrigation and small engine repair. But i have a problem that i need help with. A long time friend. That nows a lot of people wants to start a business with me. He wants to start a division of my company. does any one ever tried this and how did it go. Or should i start a another company. I just worry about all the costs that i already pay for and would have to do again . Please i need help and input. Thanks.
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 02-08-2010, 02:23 PM
picframer's Avatar
picframer picframer is offline
Andy
 
Join Date: Jan 2009
Location: Halifax, Nova Scotia
Posts: 2,885
Rep Power: 11
picframer will become famous soon enough
Default

Lawn care business tipsLawn Care Business Book
Basically the way it would work is you would form an Incorporated Company and roll all your assets into it, come up with a share capital lets say 1,000,000 shares, then you would set a share price, probably $1.00, then you need to do a valuation of your company, lets say with goodwill and contracts its $125,000, then you would receive 125,000 shares, you new partner would have to buy shares to gain ownership or you could issue him part shares as an incentive to perform, this protects you so that you are not giving, in your case 10 years away. The new company would have the ability to issue up to 875,000 shares but each time it does you need a current valuation or you need to issue each other an option agreement, these are generallt one to two year agreements saying either John or Bob can purchase equity at $1.00 per share anytime up to a specific date in the future.

This is an inventive for everyone to perform, they are called stock options, it could be in 9 months time you have some cash and if the company does well, lets say the shares are worth $1.50, you still get them for $1.00.
__________________
Andy
Halifax, Nova Scotia
Reply With Quote
  #3  
Old 02-09-2010, 04:02 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 38,067
Rep Power: 10
Steve has disabled reputation
Default

Quote:
A long time friend. That nows a lot of people wants to start a business with me. He wants to start a division of my company. does any one ever tried this and how did it go.
First off, welcome to our forum!

Can you tell me why he wants to do this with you versus just do it on his own? Or why not have him come to work for you?

Why is he focused on starting a division within your company and what do you feel about that?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #4  
Old 02-10-2010, 05:18 PM
scottacme13
Guest
 
Posts: n/a
Default

i run a full service company. He wants to start a fert company. He has no business knowledge and does not want to. I would like to have him work for me but he wants to much an hr. to start out at. I worry about the costs. and having to pay for two insureances and other things.

what do you think i should do.
Reply With Quote
  #5  
Old 02-11-2010, 08:08 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 38,067
Rep Power: 10
Steve has disabled reputation
Default

I think this is a recipe for a disaster, especially if he is a good friend of yours.

If he wants to start a business, fine, he should do it and you could throw him all the work you can possibly throw him. You would be a fantastic friend for helping him like that.

If he
Quote:
wants to start a fert company. He has no business knowledge and does not want to.
He shouldn't start one. It would be a train wreck.

If he doesn't want to learn how to run a business, he should consider being an employee.

If he wants to be YOUR employee, then he needs an hourly figure that you can work with.

What's your thoughts on this? I bet you have some gut feelings as to what you think would work or what wouldn't.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Any successful one man...
WarriorLandscapingCAN
09-26-2016 06:04 AM
Today 07:16 AM
by Chilehead
2 49
What were your top...
WarriorLandscapingCAN
09-13-2016 05:10 PM
09-26-2016 05:43 PM
by Steve
4 369
Enter to win Free...
arthur712
09-25-2016 11:28 AM
09-26-2016 05:41 PM
by Steve
1 46
I have a new show!
Chilehead
09-19-2016 06:50 PM
09-23-2016 05:45 AM
by Chilehead
7 140
First commercial estimate
WarriorLandscapingCAN
09-19-2016 12:42 PM
09-22-2016 05:42 PM
by acrajchel
7 146
Larger projects - Labor...
WarriorLandscapingCAN
09-18-2016 07:38 AM
09-21-2016 06:51 AM
by Chilehead
5 166
I need some business...
Firehouselawn@hotmail.com
07-06-2016 05:42 AM
09-16-2016 01:50 PM
by DLC123
5 615
Is it too late?
Cpadgett
05-28-2016 09:10 AM
09-16-2016 01:35 PM
by DLC123
15 1,328
Not a newbie just...
lwlawn
09-09-2016 02:32 PM
09-16-2016 01:25 PM
by DLC123
2 521
I'm making stupid money...
WarriorLandscapingCAN
08-07-2016 07:07 PM
09-16-2016 01:15 PM
by DLC123
6 1,405
Lawn problem
magiccc
09-14-2016 11:37 AM
09-15-2016 06:14 AM
by Chilehead
2 288
What kind of seed do you...
Bradcook21
09-02-2016 02:58 PM
09-12-2016 07:18 AM
by joshp
4 917
Commercial Flail Mower...
Chickenthief
09-05-2016 04:46 PM
09-09-2016 04:50 PM
by Steve
7 782
Newbie here
paulgrant
09-07-2016 04:52 PM
09-09-2016 12:01 AM
by paulgrant
2 619
Hello, New Member Here,...
Chickenthief
09-05-2016 06:19 PM
09-08-2016 09:35 PM
by Chickenthief
6 743
Pricing fall cleanups?
WarriorLandscapingCAN
09-06-2016 11:17 AM
09-07-2016 04:06 PM
by Steve
3 716
Say Hello !!!
Steve
03-19-2007 11:18 AM
09-06-2016 05:25 PM
by Steve
1,255 443,821
My Invention
biglee
01-11-2015 06:51 PM
08-31-2016 02:47 PM
by Steve
21 3,273
fliers
joshp
08-19-2016 03:23 PM
08-30-2016 07:47 PM
by SC93
11 2,100
fert/lawn programs
joshp
08-28-2016 10:43 AM
08-30-2016 03:27 PM
by acrajchel
2 1,130
» Popular Tags
annual apartment become an entrepreneur best mower be your own boss bidding business business education business help business management complex contractor hacks contracts convention converting customer dethatcher edging entrepreneur entrepreneur education estimate estimates fuel problems fuel pump half moon blade intro introduction jjandm lawncare l.t.rich landscape landscape design landscaping landscaping design company landscaping richmond va landscping lawn lawncare lawnservice lowering grade marketing mulch planting raising grade residential lawn care richmond va richmond virginia lawn care seasonal snowblower snow plowing snow shovel sprayer start a business start a lawn care business start business start up toro timecutter townhome tree tree service video web design websites what to charge work from home z-max z-spray
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 12:56 PM.


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

All times are GMT -5. The time now is 12:56 PM.

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