Tim Wright
04-05-2007, 06:14 PM
I would like to see more Business threads on growth in terms of lawns, money & profits, numbers of crews, etc, and as an example, the thread that we had awhile back about a million dollars and those in that time frame were good threads.
Here is what I am thinking.
This year, I went from 30-35 lawns to adding 3 larger apartment contracts, and next week I will be working on another 3 apartment contracts per an agreement from last fall.
I can handle all of this by myself in I sweat it, and fairly easily with another guy helping me, of which is already a done deal. I will be hiring one helper. This is with my current equipment of one 52" Ferris ztr, a 36" hydrocut, a backup push mower, and Stihl power equipment.
I was also planning on trying to add another 150-300 residential accounts on top of all of this.
However, at this stage I am thinking about just servicing well what I have and paying a few things down. If I did get into a major growth spurt of residentials I would have to add another ztr and duplicates of the Stihl power tools. I would also have to hire another two guys. I have guys always asking me if I need employees. I have one guy that would be good, but expensive, and if I did not grow expidentialy, it would cost me dearly.
I also have final grading that will be coming up.
So if you had this outlook in your business what would you do?
How does your outlook for growth look like for this year? What is it going to entail for you (hiring, equipment purchases, etc)?
Any other thoughts along these lines?
Tim
Here is what I am thinking.
This year, I went from 30-35 lawns to adding 3 larger apartment contracts, and next week I will be working on another 3 apartment contracts per an agreement from last fall.
I can handle all of this by myself in I sweat it, and fairly easily with another guy helping me, of which is already a done deal. I will be hiring one helper. This is with my current equipment of one 52" Ferris ztr, a 36" hydrocut, a backup push mower, and Stihl power equipment.
I was also planning on trying to add another 150-300 residential accounts on top of all of this.
However, at this stage I am thinking about just servicing well what I have and paying a few things down. If I did get into a major growth spurt of residentials I would have to add another ztr and duplicates of the Stihl power tools. I would also have to hire another two guys. I have guys always asking me if I need employees. I have one guy that would be good, but expensive, and if I did not grow expidentialy, it would cost me dearly.
I also have final grading that will be coming up.
So if you had this outlook in your business what would you do?
How does your outlook for growth look like for this year? What is it going to entail for you (hiring, equipment purchases, etc)?
Any other thoughts along these lines?
Tim