Most people daydream of starting their own business. If you work for someone else, even if it is doing something you love, there are issues that you have to contend with. If the work you love is lawn care, its common to see flaws in how the people you are working for are running the business and to think, “Hey I can do better than that”. Also the allure of starting your own business is that if you are a success (and we presume you will be), you are the one making money off of the work of others.
So maybe its time to stop daydreaming and get out there and start that new business. There are some steps to follow to accomplish that dream. The first commandment of starting a lawn care business is that you are still starting a small business and you will need to follow many of the procedures that any small business start up will go through. A visit to the small business association in your town is always a positive first move. They will have literature, some free courses and sometimes free consultation with retired people who know all about how to start a business. If you can get that kind of help, you will get a fast track education in what you must do to get your new business up and running.
One big step any adviser you consult will have you take before you do anything about your dream of starting your own lawn care business is to write a business plan. This is not as difficult as it sounds. It is basically an organized documentation of your dream combined with some real world research in how you will make that dream a reality. The primary purpose of your business plan is to give you something to understand and show you the work involved in making your dream become a reality. Of course, you could always go to a bank and use it for financing. However, financing for a small business is few and far between especially in an industry where 95% of the industry is comprised of mom an pop type organizations.
If you have all the money you need or if you already have the equipment you need to start your business, maybe you don’t need a business plan. But it still is a good idea to write one. The process will force you to create a five year plan so you set out on day one on a path to growth and success. And even if you have enough money and equipment to get started, you will want to grow and expand and that might take a small business loan. That is where having a business plan in place will pay off.
Before you quit your “day job”, think about the steps you will take to make your new business profitable quickly. You may need to spend a few months while you are still employed by someone else building your equipment inventory, planning for a storage facility and landing customers who will give you their lawn care business when you break off from the world of being an employee and launch your business for real.
The research you do now before you make the big step of setting up a new business will be a life saver down the road. There is a lot to learn such as whether you will incorporate your business or just pick a business name and get started. You should spend some time learning about how to keep the books, do the accounting and manage both the money you make and the bills you will pay as a business. You can think through if you will employ others and get some training in what involves as an employer both financially and legally.
There is more to running a lawn care business than gassing up the mowers and going to work. By doing your preparation work while you still have a paycheck coming in, you vastly improve your chances of success because you will “hit the ground running” That fast start will get your new lawn care business off the ground for a long and successful as well as prosperous business for you and steps of starting a lawn care business.
To Receive help with developing a business plan feel free to sign up for our mailing list and send me an email. I’d be more than happy to help you out. Also, feel free to download my ebook on how to start a landscaping business.