You are in the business of selling materials to landscapers. Therefore, you will have a target market for your sales and various materials to sell. Commercial landscapers will be your main customers, and they are looking for a reliable and affordable landscaping supply store that can deliver, pick up, and store materials efficiently. If you can meet their needs promptly, your business will become a profitable endeavor.
Business structure
If you want to start a landscaping supply store, you’ll need to figure out what type of legal entity to form. The most common a corporation, limited liability company, and partnership. The benefits of choosing a legal business entity are that it shields you from personal liability and makes it easier to raise outside funds. Forming a landscaping supply store is a complex task regardless of which structure you choose, but it’s essential to your success. Here are some tips to help you decide which legal entity to form:
An LLC is the default business structure, but it doesn’t offer many benefits, including legal protection. This structure is inexpensive to set up and easy to maintain, and protects your assets. It is best to incorporate it to protect your assets from the business’s liabilities. You can also choose an LLC with sub-liability, but this option isn’t available in all states.
Permits
Before beginning a landscaping project, obtaining the proper permits is important. While in the landscape supply business, you’re likely aware that zoning regulations often require a new CO. However, most landscape projects are smaller, so you won’t need a permit unless you’re constructing a majestic cabana. In addition to local zoning regulations, landscape supply stores should review federal labor safety requirements and building codes.
Building permits are also necessary for projects that change the shape or design of your property. For example, you’ll need a building permit if you plan to build a fence over six feet. However, shrubbery is usually considered part of the fence. Additionally, you’ll need a building permit to place a dumpster on a public street or put up a deck over 30 inches above grade. Also, some municipalities require permits for work that affects the sewer lines. As such, it’s best to start the process early.
Cost of supplies
Despite the current economic situation, landscaping and gardening supplies remain in high demand. In particular, the recent pandemic has spurred a surge in interest in landscaping. But while it may seem expensive at first, there are ways to cut down the cost of landscaping supplies. One way is to purchase in bulk. It will lower the chances of color or texture changes in the materials. Alternatively, you can purchase supplies one at a time.