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Lawn Mowing

Today, I am thrilled to present this guest post by Carol Topp, owner of Teens and Taxes. I always get asked the question, ‘how much do I need to pay in taxes?’ and I’ve never known the answer… Until now.

Did you earn money last year by running a business, babysitting, mowing grass or buying and selling on eBay? If so, you are probably going to have to pay taxes. Unfortunately the U.S. tax system doesn’t give tax breaks to young entrepreneurs.

Here you will find everything you need to know about taxes for a new business.

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By the time he was in the eighth grade, at 13-years-old, Emil had taken out his first loan: $8000 to purchase a commercial lawn mower. He paid off his four-year loan in two years.

It was the beginning of Motycka Enterprises, LLC (now Emil’s Lawns) – a company which currently provides work for about 65 people in Northern Colorado. Motycka Enterprises offers everything from building and janitorial maintenance to lawn care, tree care, snow removal, and even Christmas light installation. The company helped Emil to earn $135,000 his senior year of high school.

Emil is currently a senior at the University of Colorado’s Leeds School of Business, in Boulder, Colorado.

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Saturday, July 11th at midnight I embarked upon a journey to climb four 14’ers in one day. For those non-Coloradoans, a 14’er is a mountain that is 14,000+ feet above sea level. There are over 50 14’ers in Colorado and I plan on climbing each one. In my most recent expedition, I realized climbing mountains is similar to running businesses.

I’ve listed four obvious and four not-so-obvious similarities between entrepreneurship and climbing mountains.

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This is a guest post by Ben Foster, owner of TeenLawnCare.com.

Mowing lawns is a great business. Below I have outlined 5 reasons why you should start a lawn mowing business instead of, say, an eyelash clipping business.

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