A REIT, or Real Estate Investment Trust, is a company that owns or finances income-producing real estate. Modeled after mutual funds, REITs provide investors of all types regular income streams, diversification and long-term capital appreciation. REITs typically pay out all of their taxable income as dividends to shareholders. In turn, shareholders pay the income taxes on those dividends. Other resources :
Manage Your Money. Lawn mowing is a seasonal business in most parts of the United States, so you'll need to manage your money well to cover the winter months. Before you start your business, prepare a written business plan so you can estimate how much money you'll need to set aside to make it through the year.
Starting a lawn care business has many advantages. First of all, it will allow you to work the hours that you want, as well as have a more flexible schedule. However, if you do not take the right steps when starting your new business, you could find yourself out of business within a year.