Why should you invest in a ride-on mower?
If you have a small lawn care business of your own, your mind will be busy thinking about things you need to do and goals you want accomplished. These include paying bills, increasing profit, paying your taxes, deciding whether you need to hire extra hands, and the list goes on.
One major goal among them, would be to expand the business. After all, every boss wants their operation to prosper.
So the question is, how do you fast track this growth and see tangible results? Investing in the right lawn mowing equipment and machines is one such way.
Sometimes, you might have to take a leap of faith and go big to see dramatic results.
Investing in equipment
According to the Australian Bureau of Statistics, more than $34.3 billion was spent on capital for business and operations over the June quarter, in seasonally adjusted terms. Out of this whopping figure, more than $12.6 billion was spent on equipment, plant and machinery.
When it comes to investing in capital with a business loan, it's not about meeting the bare minimum. Sometimes, you might have to take a leap of faith and go big to see dramatic results.
Carls Williams wrote for Grounds Maintenance, saying that getting the best return on your investment comes from picking the right equipment for the job.
Cheap has a high price
You might be currently trimming lawns with a cheap walk-behind mower. Lawn Care Advice discourages you from using or buying any mower that costs you around $300 or less.
These mowers tend to have low build quality, unreliable engines, a lack of features and very poor lawn mowing performance. Such machines are often made by little-known brands and have short life spans.
Resist the temptation to opt for these cheap mowers when your cash flow is tight. As Lawn Care Advice recommends, "the cheap price is a false economy, it's always better to initially spend a few dollars more and buy something a little more worthwhile".
Invest high, reap high
If you're using a mid to low range mower and are serious about growing your business, you should look into taking out an equipment loan and investing in a high-calibre machine.
Lawn Care Advice says these 'contractor grade lawn mowers' may never break down under ordinary conditions, if taken care of well and maintained.
But it's also not just about getting a better grade of lawn mower. Freelance writer Timothy Dahl suggests that if you're taking more than two hours to trim a residential lawn, you should considering upgrading from a walk-behind mower to a ride-on mower.
Along for the ride
With a ride-on mower, you'll be able to work on vast expanses of turf like office lawns, sporting grounds and parks.
Matthew Steen from Choice.com.au notes that with a walk-behind rotary mower, your mowing width will probably be around 46 to 48cm. With a ride-on mower however, you'll be able to cut twice as much, with a range between 70cm to more than 1m.
Popular brands like John Deere offer a large variety of ride-on products like front mowers, wide-area mowers and even zero turn mowers, all designed with the lawn care professional in mind.
These mowers will take your productivity to new heights and open a whole new section of the market for you. With a ride-on mower, you'll be able to work on vast expanses of turf like office lawns, sporting grounds and parks. More avenues for work will mean even more profits, which should see your lawn business expand rapidly.
When thinking about investing in capital, another sweet incentive to remember is that the Australian Taxation Office allows you to claim back some or all of the costs for assets that goes towards your business.
So are you ready to take your small business to the next step? Get in touch with us to see how we can help finance equipment for your business.
About the author
Peter Watman has extensive finance and automotive experience having worked in both industries for over 30 years. Peter founded AAA Finance and Insurance in 2012. He leads an experienced team that provides quick and easy finance solutions along with exceptional customer service.