Location of Your Business
Where are you going to run your business from? Will you work from home, get an office or something else? At the very least, you will need space to store equipment, consumables and stock.
Whether you want to get involved in wholesale design and yard makeovers or you want to provide maintenance and beautification services, there are plenty of opportunities in landscaping. However, because of the expertise, equipment and staff needed, landscaping design has quite a high barrier to entry.
Conversely, simple lawn maintenance businesses can be started by almost anyone. This means that a landscaping business is suitable for entrepreneurs of varying skills, experience and expertise.
In this guide we’ll explore everything you need to do to set up your Etsy business and maximize your chances for success. We’ll cover:
Understanding the world of the landscaping
Paying taxes and for your landscaping business
Deciding if you’re ready to start a landscaping business
Hiring employees, managing finances and administering your landscaping business
Planning out your landscaping business
Locating other resources for your landscaping business
Determining the best legal structure for your new organization
Following various rules and regulations
And much more
By the time you’ve read through our complete landscaping business guide, you will have all the information you need to set up and manage a thriving landscaping business. Let’s get into it
Key Landscaping Business and Background Data and Statistics
The size of the landscaping sector may surprise you:
Revenue in 2017, which is around 160,000 per business.
Revenues growing rate of the industry year on year.
Generated revenues of the industry's top 50 landscaping companies.
U.S. households spent on lawn care and gardening services in 2015.
This all points to the landscaping industry being ripe with new opportunities for focused entrepreneurs, so now might be the perfect time to dive into starting your landscaping business. Incfile is here to help you form your landscaping business and understand the ins and outs of owning a landscaping company.
What your customers need will depend on the type of services you provide and the types of clients you plan to work for. Here are some examples based on what you decide to specialize in:
There are a variety of skills you will need as a landscape entrepreneur, depending on where you want to focus your business services. Here are some of the main skills necessary:
Before you start your business, there are a few key areas you need to focus on. You will need to establish whether there’s a demand for your landscaping business services, look at potential benefits and pitfalls, understand how your business finances might work and ensure everything is in order.
In short, you need a business plan — here’s how to think about your business idea.
Before you launch your landscaping business, you need to understand if there’s a demand for what you’re selling. That means carrying out market research and “validating” your products and services. Here’s how to go about it:
All businesses need a business model, which is how you will generate sales, provide services and make money. Think about your business model now, because it’s better to have that in place so you can start acquiring customers and generating revenue from day one.
You will also need to look at financial projections for your landscaping business. What are your expected sales and revenues? What is your profitability? How much money will you keep in the business to grow it? How much will you pay yourself and others? If you can, try to plan your revenue for the next month, three months, year and two years.
One of the best ways to build a successful financial future is to sign clients on for recurring services, so you can bill them on a periodic basis. This is especially useful if you provide regular lawn care and yard maintenance.
Finally, you should put your business plan together. Business plans do vary slightly, but they should cover the following areas:
Now that you have all the background information for your landscaping business, it’s time to make it into a reality. Starts by choosing the right structure or “legal entity” for your business. In the U.S., there are five main business structures. They are:
Special Considerations for Setting up a Landscaping Business Entity
For more information on the advantages and disadvantages of different types of businesses, please see our in-depth guide. If you’ve still got questions, we’ve answered them to help you choose the right business structure for your landscaping business.
In most cases our recommendation would be to create an LLC. We have a complete guide to everything you need to do, and we can set one up for your landscaping business. LLC formation does vary from state to state, but we’ve got you covered, wherever you are.