Should you or shouldn’t you create a lawn care business plan before you get your business started? That is a great question which was asked on the Gopher Lawn Care Business Forum. It’s quite surprising how newer business owners can be so lackadaisical on this topic while veterans of the business world know how important this step is to take. Read on…
So, I have been reading a lot of lawn care business books and entrepreneur books lately, and I want to know your thoughts on having a lawn care business plan. Do you need one, do you not need one?
This is what I have come up with so far, I hope others can help me on this.
You need one:
When you have to go to the bank and get financing.
You Don’t need one:
When you are not taking out a loan in a bank but rather you are building yourself up slowly, and you know in your mind, what you want out of the business and how much.
I have felt like right now, just starting out, I am just getting my feet wet. Until I know the true economics of the area, and where it is a good place to advertise, I don’t see the point in making one….after this first year, I will probably sit down and write one. But until then, I know what I want out of my lawn care business. I want to make a better life for my family and a piece of paper is not going to tell me that. Neither is anyone else. I feel like I just need to explore my options as I go and see what opportunities come my way.”
A second lawn care business owner shared “You need a lawn care business plan no matter what. Failing to properly set up you business plan will prove to be a sure pathway to failure at one point or another for you. I set mine up before I even got started. This is one of the most important steps for any business.
A business plan outlines;
- Your goals and milestones
- Budgets and estimated costs / profits
- Mission statements
- Services and products you offer
And so much more. A well written business plan can help you get loans / financing. And even if you don’t require startup or loans it can help you point your business in the right direction.
I update my business plan every year with my actuals and see if I am on track.
If you do not have a business plan then you have no goals nor do you have a road map of how to get there. Business plans are critical.
If you start your lawn care business with the attitude of I will see what happens as I go, I can guarantee you will be wasting a year. That is if you are able to even stay in business for that period of time. You will start at square 1 and end on square -7. Never underestimate the value of a solid plan. No matter what business you are in. An idea comes first then you test that idea with a PLAN. For example, let’s say you want to run a lawn care business but not actually mow lawns, you want other people to do it for you. Your business plan will tell you if this is a realistic idea in your area. If it is not you will waste a year of your life trying it and leave the business when you find out it’s not what you thought. If you draw up your plan you can see what is what, right now without wasting any money. You can walk away now no worse for wear or dig in and get er done if after planning, you feel it will work out how you want.
By choosing to go into business without a plan you just made a very bad first business decision, I would seriously reconsider your stance on it.”
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