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.

Business Credit


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 04-09-2008, 09:16 PM
baglady baglady is offline
Members
 
Join Date: Aug 2007
Posts: 21
Rep Power: 8
baglady
Default

Just a quick question? What do you do when you need working cash? I have spoken with companies that for a fee will help establish business credit. Is this the way to go and should I pay an up front fee to get business credit. We certainly need some up front money. I am going to work on the business plan all next week and try to present it to a bank to get a loan. We need equipment. I don't want to be in debt though. Any suggestions. It is hard really getting ahead. We do good business but we put everything back in the business and find ourselves not really having a profit at the end of the season.

My husband also work a full time job as a correctional officer his first love is landscaping and we are trying to figure out how to get ahead enough that he can stop working and do the landscaping full time.
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 04-09-2008, 09:56 PM
UniversityLandscapers
Guest
 
Posts: n/a
Default

Lawn care business tipsLawn Care Business Book
It's probably a lot easier to get a loan than it is to find investors...and you're going to have to pay both back eventually, just with interest added on a loan.

What exactly do you mean when you say you can pay a fee to a company to establish business credit?



Reply With Quote
  #3  
Old 04-09-2008, 10:10 PM
baglady baglady is offline
Members
 
Join Date: Aug 2007
Posts: 21
Rep Power: 8
baglady
Default

There are companies that charge a fee to get you business credit. I have never used one. Looks like the going rate is $3,000.00. You pay $600.00 down and $300.00 a month but they will guarantee you at least $100,000.00 worth of credit at the end of the process. I keep asking them why not just take the $3,000.00 out of the credit line once I am awarded the credit. Of course none of them want to do that.
Reply With Quote
  #4  
Old 04-10-2008, 12:18 AM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 32
Posts: 558
Rep Power: 8
FourSeasons
Default

Quote:
Originally Posted by [b
Quote[/b] ]We need equipment. I don't want to be in debt though. Any suggestions.
Why dont you start out with what you can afford?
Are you going to be starting out on the weekends?
Or just jumping right into it full time?

I sold one of my cars I never drove to start my business.
But we cant all just start at the top. Sometimes you have to go with what you got and work your way up.

Now that the season has started I see alot of guys that are probably new driving around in trucks and mowers that arent that great, but they probably get the job done for now.

Do you already have the accounts to pay for the equipment your trying to finance or whatever?
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #5  
Old 04-10-2008, 12:57 PM
onthegreen
Guest
 
Posts: n/a
Default

Hey i stared in the back of my wifes dodge magnum now i have a new white chevy with it all decaled out. Start with a mower a weedeater and work your way up .i'm still buying new equipment but now i'm doing landscaping and cleanups .........If you do work with what you own then the money you make is all yours!!!!!
Reply With Quote
  #6  
Old 04-10-2008, 01:43 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,982
Rep Power: 10
Steve has disabled reputation
Default

A little while back Rodman was talking on the forum how he built up his business credit by first getting a business credit card at Office Depot. Then he was able to get another credit card too.

If you would like to read more on his posts

Check these out and let me know if they help.

http://www.gophergraphics.com/forum....;t=7277

http://www.gophergraphics.com/forum....;t=7162

Could you give us a little insight into what equipment you need?
__________________
- 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
  #7  
Old 04-11-2008, 08:54 PM
StartALawnCareBusiness's Avatar
StartALawnCareBusiness StartALawnCareBusiness is offline
Keith
 
Join Date: May 2007
Posts: 731
Rep Power: 0
StartALawnCareBusiness is on a distinguished road
Default

I started my business with a 22" push lawn mower in the back of my Chevy Chevette (anyone remember those) hatchback. Within a couple months I was able to purchase a truck, trailer, and a commercial walkbehind (all used) allowing me to begin bidding commercial contracts.

I am a huge believer in purchasing solid, quality equipment. But, there is no need to start with top-of-the-line equipment when you can't afford it. I bet if you took a survey of everyone who posts here, a good percentage of people started their businesses with less than $1000 worth of equipment.

To the original poster: Why on earth do you need $100,000 worth of credit? What are your equipment needs?

If you want to build credit, speak to your banker. Maybe you can get a $1000 loan for 90 days or 6 months to purchase a great quality weedeater, blower, and a decent starter lawn mower. Make your payments on time everytime. Your credit will surely build quicker than if you try to pay some company for good credit.

Apply for a commercial line of credit from Home Depot, Lowe's, or better yet from John Deere, Scag, or another lawn mower dealer.

Most importantly, consider your options carefully before going into debt to start your business. There are plenty of opportunities to start without dumping a huge sum of cash into business expenses.

Good luck:

Keith
__________________
Start a profitable lawn care business.
Reply With Quote
  #8  
Old 04-12-2008, 03:51 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,982
Rep Power: 10
Steve has disabled reputation
Default

Keith,

Thanks very much for your insight.

I would like to know what is on Baglady's equipment wish list and what is the need for the business credit now. Maybe writing it down will help to better formulate the business growth plan.
__________________
- 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
Opinions on truck wrap
Truro
Today 04:21 PM
Today 04:21 PM
by Truro
0 10
stubbon people
Bradcook21
02-16-2015 04:25 PM
Today 12:38 PM
by jrs.landscaping
39 1,245
How to sell annual...
GroPro
02-17-2015 12:31 PM
Today 11:57 AM
by CHenricks
6 520
I'm Back With The Best...
aduttonater
02-21-2015 01:41 AM
Today 08:48 AM
by jrs.landscaping
11 531
rock salt
Bradcook21
02-24-2015 11:17 AM
Today 08:46 AM
by jrs.landscaping
23 492
price for snow clearing?
Bradcook21
02-25-2015 09:11 PM
Yesterday 08:54 PM
by Bradcook21
5 180
My Newborn son
avetslawncare
Yesterday 01:07 PM
Yesterday 02:18 PM
by Steve
2 56
Facebook
element009
03-23-2011 09:36 AM
Yesterday 11:37 AM
by ExtremeLawncareServices
52 11,797
Blade sharpener
Just for Cuts
07-04-2014 01:31 PM
02-26-2015 03:43 PM
by Mr. Mow
15 1,726
viking cyclon.
uppercut
01-29-2015 09:12 PM
02-26-2015 02:54 PM
by Steve
5 508
Ugliest lawn contest
Steve
02-23-2015 04:17 PM
02-26-2015 02:51 PM
by Steve
2 274
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 01:06 AM
02-26-2015 02:41 PM
by Steve
1 111
Another website update
Chilehead
02-26-2015 11:24 AM
02-26-2015 12:46 PM
by Just for Cuts
3 105
tips on creating a...
BLAZIER-1991
01-08-2015 07:22 PM
02-26-2015 02:44 AM
by ExtremeLawncareServices
5 713
New Lawn Care Service...
rlclawncare123
02-26-2015 12:49 AM
02-26-2015 02:24 AM
by ExtremeLawncareServices
1 113
Finally!
SGL1
02-22-2015 09:46 PM
02-25-2015 10:15 PM
by SGL1
13 452
leaf removal.. mulching...
facework84
08-05-2011 03:26 PM
02-25-2015 08:07 PM
by Steve
5 2,794
How many customers?
SC93
02-25-2015 12:40 AM
02-25-2015 04:59 PM
by SC93
5 230
Irrigation...
charlieallen
02-24-2015 01:16 PM
02-25-2015 02:58 PM
by Steve
6 223
use a small business...
BLAZIER-1991
12-25-2014 12:21 AM
02-25-2015 12:46 AM
by SC93
33 2,813
honest opinion please
uppercut
02-17-2015 02:30 AM
02-24-2015 07:12 PM
by homey
10 649
2nd year advice anyone
Bradcook21
02-18-2015 07:00 PM
02-24-2015 05:15 PM
by Bradcook21
14 630
need help
lawnexpers115
02-23-2015 05:36 PM
02-24-2015 02:49 PM
by Steve
3 268
Hello People
nativikee
02-23-2015 07:17 PM
02-24-2015 02:43 PM
by Steve
4 274
New member
qua ke zik 001
02-23-2015 11:24 AM
02-23-2015 03:40 PM
by Steve
1 228
New Video
Sprinkler Buddy
02-22-2015 09:18 PM
02-23-2015 03:19 PM
by Sprinkler Buddy
2 255
need help with SCAG...
apmAkron
02-23-2015 09:14 AM
02-23-2015 01:57 PM
by apmAkron
3 252
which degrees would be...
BLAZIER-1991
02-20-2015 04:46 PM
02-23-2015 01:47 PM
by Steve
9 417
Trouble logging in
avetslawncare
02-21-2015 02:06 PM
02-23-2015 01:44 PM
by Steve
1 507
John Deere Quik Track...
acrajchel
02-20-2015 03:12 PM
02-23-2015 01:40 PM
by Steve
1 285
Trimming and...
joshlawncare
02-15-2015 02:04 PM
02-22-2015 09:48 PM
by SGL1
5 618
where can i post this
zippy-phil
02-17-2015 07:58 PM
02-20-2015 02:02 PM
by Steve
7 501
These are the days on...
ExtremeLawncareServices
01-11-2015 11:41 AM
02-19-2015 04:43 PM
by ExtremeLawncareServices
29 2,655
Thumbs up or down?
lawnman1959
02-18-2015 11:40 AM
02-19-2015 01:22 PM
by Chilehead
3 416
Am I growing too fast?
Mattcrump
08-04-2011 11:54 PM
02-19-2015 12:34 PM
by Steve
11 5,207
Say Hello !!!
Steve
03-19-2007 12:18 PM
02-19-2015 12:31 PM
by Steve
1,215 371,825
How to obtain more...
winkie61
02-17-2015 08:31 AM
02-19-2015 12:29 PM
by Steve
3 522
Mowing 2 acres
Bradcook21
01-05-2015 03:13 PM
02-19-2015 12:23 PM
by Steve
16 1,469
FREE Custom Website...
breadcrumb
01-31-2015 10:58 PM
02-18-2015 01:32 PM
by Steve
5 1,113
Taking a step back
Billy Goat
02-16-2015 07:37 AM
02-18-2015 01:17 PM
by Chilehead
9 595
Employees
stevej
02-17-2015 05:25 PM
02-18-2015 12:47 PM
by Mr. Mow
1 406
Landscapers from hell!!
Chilehead
01-29-2015 03:55 PM
02-17-2015 07:48 PM
by ExtremeLawncareServices
9 1,016
Cannot access your Itune...
winkie61
02-17-2015 10:00 AM
02-17-2015 03:26 PM
by Steve
1 359
Advertising on internet...
Sprinkler Buddy
02-13-2015 01:22 PM
02-17-2015 01:00 PM
by Steve
9 675
new to this forum
NIP'N'TUK
02-14-2015 07:54 PM
02-16-2015 10:03 PM
by Steve
2 491
Advice on bidding 20...
sleepydunn
02-15-2015 07:38 PM
02-16-2015 09:59 PM
by Steve
4 606
New to me mower
xandrew245x
04-27-2014 08:02 PM
02-16-2015 09:48 PM
by Steve
8 1,396
mower blades
tlf59263
02-09-2015 12:36 PM
02-16-2015 05:16 PM
by Just for Cuts
8 824
Just Quit?
ringahding1
01-30-2015 06:23 AM
02-16-2015 02:16 PM
by joshlawncare
18 1,512
Advice on Bidding...
veteranlawnservice
02-08-2015 09:21 PM
02-16-2015 12:14 PM
by joshlawncare
18 1,225
» Popular Tags
2wd 4x4 ad landscaping aerocore apartment bid apartment lawn care estimate applying auger billy goat brushcutter blowout bush commercial contract help deliquentaccounts demonstration design ditches door hangers employee problems estimate facebook foreman four wheel drive google gopherhaul gravely growing a lawn care business how to hydraulic jobs john deere quik trac landscape services lawn lawn care lawn care busines plan lawn care business lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website lawn care website seo lawn mowing managing a lawn care business marketing marketing secrets mulch new mower patio install per hour service podcast pricing secrets to landscaping seo shell shreaded snow plowing sq ft starting a lawn care business steep lawns theft toro toro grand stand tractor auger trailer mate pro up sell employee web design wood wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 05:28 PM.


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

All times are GMT -5. The time now is 05:28 PM.

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