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How Much Does It Cost To Start A Gardening Business?
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Gardening is a great business opportunity for people who like to work with their hands and want to start a business that has a simple operating model. If you are looking to start your own gardening business, it’s important to understand how much money you can make and what it will cost to get started.
How Much Does It Cost To Start A Gardening Business?
Gardening is one easiest and cheapest businesses to start in Australia. First, you don’t need any official training, so there are no expensive certifications or licenses required. Also, most of the tools and equipment needed for this work are basic hand tools. It’s quite possible to start your gardening business with less than $2,000.
In most cases, all you need is a work vehicle and tools like shovels, rakes, garden hoses, and a wheelbarrow. Of course, this will depend on the types of services you decide to offer. Specialised gardening work may require more specialised tools.
Most gardening businesses charge their clients approximately $45 per hour. In major urban markets like Sydney, these services can pay up to $75 per hour. Realistically, most gardeners can bring in between $90,000 and $125,000 per year (before taxes and expenses). Based on the low-startup cost, a gardening business can reach profitability relatively quickly.
Factors That Can Influence Your Costs
There are many factors that can make a gardening business more or less expensive to operate. It’s important for gardening business owners to understand what they can do to reduce their costs and increase profits.
- Rework - Your clients will expect you to provide high-quality gardening services. Rework will immediately decrease the amount of money that you can earn on a job.
- Poor Quality Tools - In the beginning, you may be tempted to purchase the cheapest tools and equipment possible. However, low-quality tools will wear out or break sooner. Constantly replacing tools can get very expensive. It’s better to invest in more durable tools that won’t need to be replaced often.
- Ineffective Marketing Efforts - A gardening business owner will need to find their own clients. If you are unfamiliar with how to properly market your services, you could spend a lot of time and money on the wrong approaches. Take some time to find out what works best in this industry to be more effective at attracting new customers.
- Hiring Workers - Hiring additional employees may be necessary at some point. However, hiring additional field workers or people to help with administrative tasks can be very expensive. It’s important to wait as long as possible to hire new employees to keep your operating costs low.
Don’t Cut Corners On Insurance Coverage
When starting a new business, your goal should be to keep your costs as low as possible. However, purchasing the right liability insurance policy is a wise use of your start-up capital. This valuable tool can help protect you from expensive lawsuits and claims against your business. At upcover, we’re here to guide you through the process. Check out our instant quote generator where you can get an estimate on market-leading insurance in seconds! Simply enter your occupation and expected revenue to get started.
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