Setting Up a Landscaping Company: How to Minimize the Capital Requirements

You need a good amount of capital, to start a landscaping company. Unfortunately, the circumstances are often such that the people setting up landscaping companies tend to have very limited capital resources. And that is what creates the need to minimize capital requirements when setting up such a company. Of course, each strategy that you use to minimize capital requirements when setting up a landscaping company means that you have to make a major compromise.

One way in which you can minimize capital requirements when setting up a landscaping company is by opting to use a home office initially, rather than renting office space. The compromise you make here is in that the home office would not be as ideal to work from as a proper office, because a proper office makes the company come across as a truly ‘serious’ enterprise.

Another way in which you can minimize capital requirements when setting up a landscaping company is by opting to rent the landscaping equipment, rather than buying. Of course, hiring can be expensive, and rather than hiring, you can opt to buy second hand landscaping equipment at, say, EBay. The compromise you make here is in that you miss out on the benefits you’d have gotten (in terms of efficiency and so on), had you opted to procure your own brand new landscaping equipment.

Yet another way in which you can minimize capital requirements when setting up a landscaping company is by opting to be involved in field work, rather than hiring supervisors right from the outset. Actually, you can go as far as even doing the landscaping work initially, rather than hiring people.