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.

To bond or not to bond?


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 06-03-2009, 02:32 AM
doug1980
Guest
 
Posts: n/a
Default To bond or not to bond?

Well I took the plunge...I registered my company name and got my business license. But now I'm unsure if I should get bonded or not. Also unsure where to get liability insurance. I doubt I will make very much this year since it will be on the side maybe 5 customers total. What should I do know to be fully legal and operational?
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 06-03-2009, 06:07 AM
Steve W's Avatar
Steve W Steve W is offline
Senior Member
 
Join Date: Mar 2009
Location: SOWEGA
Age: 48
Posts: 103
Rep Power: 7
Steve W is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
Quote:
Well I took the plunge...I registered my company name and got my business license. But now I'm unsure if I should get bonded or not. Also unsure where to get liability insurance. I doubt I will make very much this year since it will be on the side maybe 5 customers total. What should I do know to be fully legal and operational?
I would suggest that you check with your agent that handles your home owners or you Truck policy. They can help you most of the time.
And as far as being bonded, If your not gonna grow much more than that I would not get a bond.
Good LucK!

Steve W
__________________
<a href="http://www.gopherforum.com/index.php?pageid=GopherHaul-Lawn-Care-Business-School&graduate=661b304af1800fad86a3828c8bcbb737">
<img src="http://www.gopherforum.com/uploaded-files/images/school-logo-banner.gif" border="0">
</a>
Reply With Quote
  #3  
Old 06-03-2009, 08:03 AM
jasonw's Avatar
jasonw jasonw is offline
Senior Member
 
Join Date: Feb 2009
Posts: 1,008
Rep Power: 8
jasonw is on a distinguished road
Default

i called the place that dose my car insurance, its just the broker I called and they really sucked. Asked all sorts of questions, Said they would call a few insurance places and get back to me with a quote. Never heard back. I do not call and remind people they were suppose to call me. Its there responsibility to call me if they say they will so I assume they don't want the business and will call a different place today.
Reply With Quote
  #4  
Old 06-03-2009, 10:37 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,246
Rep Power: 10
Steve has disabled reputation
Default

Doug,

Congratulations on getting going.

Check out this post on lawn care insurance and let me know if it helps.

http://www.gopherforum.com/showthread.php?t=8583
__________________
- 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
  #5  
Old 06-03-2009, 10:42 AM
StartALawnCareBusiness's Avatar
StartALawnCareBusiness StartALawnCareBusiness is offline
Keith
 
Join Date: May 2007
Posts: 731
Rep Power: 0
StartALawnCareBusiness is on a distinguished road
Lightbulb Lawn care bonding

Doug:

Congrats with your business name registration.

I believe "bonding" is a word that is thrown around a lot without a clear understanding of what it means.

There are specific types of bonds. One type of bond is a surety bond. A surety bond is, basically, a promise of payment by the bonding company to the organization you are under contract to. In other words, if you agree to a lawn maintenance contract for 1 year and then quit after 1 month, your bond agreement may help protect the organization against loss by your quitting. Whether it protects YOU or not depends on other factors such as the verbiage in the bonding agreement.

In my opinion, apart from bonding employees, surety bonding is the most prevalent need for lawn care companies bidding contract work. It placates the organization you are under contract with...which is good. Do you need to be bonded for your 5 clients?

Before you throw money after designations such as "Bonded" to your lawn care company, do your research so you know what you are actually buying and if it is needed and will benefit you and your small business.
__________________
Start a profitable lawn care business.
Reply With Quote
  #6  
Old 06-03-2009, 10:51 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,246
Rep Power: 10
Steve has disabled reputation
Default

Keith,

Just starting out, do you think a new lawn care business owner should get any sort of bond or is it just too soon?

Should you get to the point where the customer is requiring a surety bond or an employee bond before you get either?
__________________
- 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 06-03-2009, 10:55 AM
doug1980
Guest
 
Posts: n/a
Default

Thanks for all the replies. Yeah actually I was not going to worry about the bonding then did my research and well couldn't decide that's why I posted here. I think for now I can wait but eventually I want to have commercial accounts and my main goal is to bid on military bases then being bonded may be benificial.
Reply With Quote
  #8  
Old 06-03-2009, 11:14 AM
StartALawnCareBusiness's Avatar
StartALawnCareBusiness StartALawnCareBusiness is offline
Keith
 
Join Date: May 2007
Posts: 731
Rep Power: 0
StartALawnCareBusiness is on a distinguished road
Lightbulb

Quote:
Keith,

Just starting out, do you think a new lawn care business owner should get any sort of bond or is it just too soon?

Should you get to the point where the customer is requiring a surety bond or an employee bond before you get either?
Steve: In my opinion, a sole-proprietor mowing 5 neighborhood residential lawns doesn't have a great need for being bonded. His primary concern, at this point, is determining his licensing requirements and securing proper business insurance.


Quote:
I think for now I can wait but eventually I want to have commercial accounts and my main goal is to bid on military bases then being bonded may be benificial.
Doug: If you plan to bid military bases, bonding will be an absolute requirement. They won't let you "guess" whether you need it or not...trust me. Also, bonding will be down a LONG list of other requirements for which they will hold you accountable. Double, triple, and quadruple checks on your credentials will be made before your bids are accepted. Sometimes it's nice not having to wonder if you're in compliance.
__________________
Start a profitable lawn care business.
Reply With Quote
  #9  
Old 06-03-2009, 11:28 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,246
Rep Power: 10
Steve has disabled reputation
Default

With bids on such properties as military facilities, which kind of bond would be required do you think? Also would this be something where you would wait to see their requirements before you got it?

Also do the surety bonds cover all your customers or do you buy one bond per client?
__________________
- 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
  #10  
Old 06-03-2009, 01:36 PM
doug1980
Guest
 
Posts: n/a
Default

Yeah luckily with my Military Career I was in charge of dealing with the contractors that mowed and applied pesticides/herbicides on my Base. Since I was the Pest Control Supervisor for 6 years I gained a lot of knowledge on how the military bidding goes and all that is required. It also helps that I am still a DOD certified applicator for pesticides and herbicides. For now though I went the Sole Proprietor route until I get a bit larger then I'll go LLC.
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
Newb Question - Multiple...
DependiLawn
Yesterday 11:36 PM
Yesterday 11:36 PM
by DependiLawn
0 14
New company in Michigan
SEM
Yesterday 09:27 PM
Yesterday 09:27 PM
by SEM
0 17
maintandlawndispatch...
SGL1
04-21-2015 03:31 PM
Yesterday 04:42 PM
by Steve
9 198
Lawn Care Service in...
Friscobob
Yesterday 03:33 PM
Yesterday 04:41 PM
by Steve
1 38
Big (to me) mulch job
tl757
04-23-2015 05:32 PM
Yesterday 04:39 PM
by Steve
4 103
Total yard rehab
SGL1
04-23-2015 03:59 PM
Yesterday 04:39 PM
by Steve
3 82
Thoughts on Undocumented...
element009
09-25-2011 11:08 AM
04-23-2015 09:32 PM
by Chilehead
56 15,481
Hello Everyone
DesignsByBnC
04-22-2015 04:07 PM
04-23-2015 02:19 PM
by DesignsByBnC
2 76
The upcoming rainy...
5StarLawnscaping
04-21-2015 01:22 PM
04-23-2015 12:54 PM
by Steve
7 170
color fliers?
holymoly
04-18-2015 02:32 PM
04-23-2015 12:50 PM
by Steve
12 336
I'm Back With The Best...
aduttonater
02-21-2015 12:41 AM
04-22-2015 07:04 PM
by Just for Cuts
59 2,501
WARNING! Especially to...
SC93
04-19-2015 12:05 PM
04-22-2015 01:39 PM
by Steve
14 401
Could be great news for...
SC93
04-14-2015 11:06 PM
04-22-2015 01:28 PM
by Steve
15 491
quick pic
joshlawncare
04-14-2015 07:49 PM
04-21-2015 05:01 PM
by joshlawncare
4 321
Got Inspected today
swstout
08-09-2010 10:31 PM
04-21-2015 03:53 PM
by SGL1
10 3,975
Smoked my first belt!
SGL1
04-20-2015 08:46 PM
04-21-2015 03:28 PM
by SGL1
4 147
Pictures of commercial...
avetslawncare
04-01-2015 09:47 PM
04-21-2015 12:47 PM
by Steve
25 996
lawn care business...
holymoly
04-18-2015 02:56 PM
04-21-2015 06:18 AM
by holymoly
3 239
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
04-21-2015 03:18 AM
by ExtremeLawncareServices
57 5,225
landscape insurance
clarkslawn
03-30-2015 10:14 PM
04-20-2015 10:02 PM
by SGL1
4 458
Poll & Discussion...
CHEESE2009
09-16-2011 06:16 PM
04-20-2015 08:20 PM
by avetslawncare
27 5,656
weed
avetslawncare
04-16-2015 07:56 PM
04-20-2015 01:08 PM
by Steve
4 247
Aerating / Dethaching...
Hard-Body lawn & garden
04-12-2015 07:53 PM
04-19-2015 08:49 PM
by Chilehead
17 585
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 12:06 AM
04-19-2015 09:21 AM
by KJ90
8 993
bidding a cemetery....
NPM_LLC
03-28-2015 10:56 AM
04-19-2015 05:26 AM
by RSE
22 1,000
Hustler Raptor
SGL1
04-13-2015 09:27 PM
04-18-2015 07:53 AM
by SGL1
15 505
is craiglist good to...
JBENI
04-16-2015 11:11 AM
04-17-2015 10:25 PM
by Wolf4dk
11 404
Am I missing something...
googus
04-11-2015 06:33 PM
04-17-2015 08:01 PM
by avetslawncare
10 526
Hello
sonny54
04-16-2015 09:49 PM
04-17-2015 03:10 PM
by Steve
1 192
Unreal
Chilehead
04-09-2015 09:12 PM
04-17-2015 08:27 AM
by Chilehead
11 559
starting a lawn care...
JBENI
04-14-2015 09:03 AM
04-17-2015 08:03 AM
by JBENI
14 531
Finally got a warehouse
avetslawncare
03-12-2015 07:52 PM
04-16-2015 07:52 PM
by avetslawncare
23 1,358
New 14 x 7 Enclosed...
whitepropertydetail
04-15-2015 06:46 PM
04-16-2015 03:40 PM
by Steve
1 244
older used dump trucks
SECTLANDSCAPING
09-22-2011 12:33 AM
04-16-2015 12:41 PM
by biglee
21 8,044
Tax Poll
Steve
04-15-2015 02:13 PM
04-15-2015 02:13 PM
by Steve
0 234
lawn care by Aj
aj10261984
04-14-2015 06:50 PM
04-15-2015 01:43 PM
by Steve
2 262
Contact last years...
googus
01-28-2015 08:13 AM
04-15-2015 12:54 PM
by SC93
7 1,263
trying to sign up for...
JBENI
04-14-2015 10:20 AM
04-14-2015 12:11 PM
by Steve
1 715
Charging customers for...
Hard-Body lawn & garden
04-14-2015 07:34 AM
04-14-2015 10:35 AM
by Steve
1 295
New member
Jdlandscaping,LLC
04-11-2015 03:24 PM
04-14-2015 05:45 AM
by Jdlandscaping,LLC
2 325
hello
oasis_greenscapes
04-01-2015 06:18 PM
04-13-2015 12:03 PM
by Steve
8 563
New Member
Greenturion
04-11-2015 02:00 PM
04-13-2015 11:59 AM
by Steve
1 285
Client with...
OldSalt
04-07-2015 09:47 PM
04-13-2015 11:57 AM
by Steve
8 512
Getting rid of "mulched...
Mr. Mow
04-12-2015 04:21 PM
04-13-2015 11:26 AM
by biglee
3 325
String trim BEFORE mow...
Mr. Mow
04-12-2015 08:13 AM
04-13-2015 11:11 AM
by biglee
7 435
Billing methods
jcurr33
03-26-2015 01:33 PM
04-13-2015 11:07 AM
by biglee
15 941
Landscape Fabric
CurbAppeal1
04-10-2015 03:58 PM
04-13-2015 08:02 AM
by Chilehead
4 364
I lost a long term...
Sprinkler Buddy
09-04-2011 02:24 PM
04-12-2015 04:27 PM
by Mr. Mow
17 4,005
Snow removal contracts
CDLAWNCARE
03-31-2015 02:57 PM
04-10-2015 11:37 AM
by kslawn
6 588
Do you have medical...
Steve
09-10-2011 11:46 AM
04-10-2015 11:28 AM
by Steve
17 5,300
» Popular Tags
ad landscaping aerocore apartment bid apartment complex auger bark billy goat brushcutter blades bush collections deliquentaccounts design ditches employee problems equipment rental estimate ferris flyers foreman free advertising google grass growing a lawn care business hills hiring husqvarna jobs john deere quik trac landscape services landscaping training lawn lawn care lawn care business seo lawn care business website lawn care business website seo lawn care seo lawn care website lawn care website seo lawn mowing marketing marketing secrets mr dave mulch new business past due per hour charge per hour service pricing pto push versus ride running a business secrets to landscaping sell the vision seo shell small engine repair square foot starting a lawn care business steep lawns sulky theft toro grand stand trailer tree trimmer rack up sell employee web design website website design winterization
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 01:07 AM.


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

All times are GMT -5. The time now is 01:07 AM.

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