My good friend Steve with the LawnChat.com lawn care blog recently asked how long it takes before a lawn care business becomes profitable.
I remember taking business classes when I was in school. The professors often lectured that many businesses take up to 5 years before they ever turn a profit. “An entrepreneur should have a minimum of 6 months working capital before starting any small business” they would preach. I remember sitting in those classes thinking that I wanted to be profitable within 6 DAYS of starting my business (whatever it was going to be at that time) not 6 months. “Were they crazy?” I would think to myself, “6 months is an eternity.” Well, as I get older I realize that 6 months is not an eternity but I still believe it is certainly too long to wait to become profitable in a small lawn care business.
When we finally started our lawn care business in 1992, I was lucky that we did, indeed, have 6 months working capital. However, we did not feel that was an excuse to waste time and money trying to become profitable. Listen, we’re talking grass mowing here. We’re not designing the next super computer or building an automotive factory complex with billion dollar financing.
We are big believers in steady controlled growth of a new business concept. We have truly never understood lawn care business owners that borrow $10,000 (or more) to purchase great lawn equipment before they’ve ever even cut their first lawn. There are benefits of starting with $10,000 in business loans but it’s just not our style. Look at the huge success stories in the business world today. Microsoft, Google, Walgreens have never had any significant debt and they are at the top of their industries.
I personally believe lawn care is one of those businesses you can start with practically no debt. A smart LCO can grow his equipment list as his client list grows. Starting small and growing steadily is preferable, to me anyway, than having a constant worry of mortgaged equipment. Starting at this level means you can, practically, be profitable with your first few lawns. “Yeah, well, what about advertising” my professors would say. Do you know what I say to that? Get off the couch, hit the street and start meeting your potential customers face to face. It’s the best advertising you will ever have…and it’s FREE.
Can you imagine starting your own company on Monday and turning your first profit by Thursday? Though this might not be practical for all lawn care business owners, my old business professors’ ears are likely burning when I say such things.
In the Start A Lawn Care Business training course, we show you methods of starting your own lawn care business with the idea of becoming profitable almost immediately. We can’t promise that you will be profitable by Thursday. However, we show you principles of the lawn care industry that will have you up and running, and hopefully profitable, than you would have ever thought possible.
To learn more about the lawn care business training course and estimating software,
please visit our website: http://www.StartALawnCareBusiness.com