PDA

View Full Version : Where do you want to go?


PRECISION LC
02-09-2002, 12:29 PM
Just wondering, how much bigger you want to make you company, as far as different services and also size wise.

JimLewis
02-09-2002, 03:06 PM
I want us to be one of the biggest landscaping companies in the state. 100+ workers, tons of accouts. As for what services, other than what we already do (all landscaping, irrigation, and water features) I'd like to have a nursery.

My biggest goal is to do what another guy did here a few years ago. He built up a company called "Northwest Landscape Industries" over the period of 20 or more years and then they sold out to TrueGreen about 3 years ago for $13 Million.

If I could even get $2-5 million one day, I'd be happy as a clam.

But who knows. I'd also be happy with just a business that brought me in 100-200K per year in profit and didn't require a lot of my time. If I could get to that point, I'd be plenty happy too. That's what my Grandfather and Uncle have done.

sheppard
02-09-2002, 04:35 PM
Great question Precision,

Ideally, I want a 2 or 3 man crew (including me) this next year. Willing to investigate running 2 full time crews next year if I grow it that big. Have to find the right forman to run that crew. I get nervous if I'm not on the site of my work.

Revenue projections will be $200,000 by the end of 2002.

I've made up my mind to get 2 Wright Standers this year (52" & 36"). May entertaine the possibility of an Isuzu Landscape truck (20,000 + Wow!)

Cordially, Sheppard

Mykster
02-09-2002, 10:20 PM
Since this is only my second year, I would like to have 30-50 accts. by my 3rd year and just grow as I go. There still some things I need to learn about the business. So, I'm thinking about hiring on with another company for a year or two just to familiar myself with the stuff I don't know. But haven't decided yet.

Guardian
02-10-2002, 12:21 AM
SHEPPARD-

We may be close to the same point in our companies. I have racked my brain working out the details of crew 2.

One of my delimas was picking out the equipment for #2. I almost bought a mid-size toro wb Saturday (was on sale -that day only) I use eXmark ztr on main crew, but now sure about spending 7k for #2 crew. I have a 2nd trailer and truck + most handhelds. I get lots of calls from yellow pg ad -mostly residential. My main crew is 75% commercial contract business.

Anyway, about the STANDER - How much is the 36? Our dealer's PRO day had them for $4800. I thought that sounded way too high. Its size and manueverability really impress me - BUT not "5k impress me".

Is crew 2 going to be worth it? I've heard some say on this sight that its twice the headaches, but not twice the money. If I don't expand, than I've reached the point of having the best "owner and helper" lawn business I could ask for.

PAPS
02-10-2002, 12:39 AM
This summer I am looking to have (5) crews out full time:
(2) grounds maintenance
(2) construction
(1) tree work

- I would like to be one of the bigger outfits in North N. Jersey eventually, hopefully that will come with time. i am only 24, so there are still many years (hopefully ;) ) to get to my goal. :)

yorkpaddy
02-10-2002, 01:12 AM
I mow 10-15 lawns a year while in school, i have 36 inch toro WB. This year I'd like to move up to about 30 lawns a week, and set myself up to buy a 48/52 hydro walk behind. I'd like to continue like this for the next 5 years, staying in school, and then getting a regular job, but keeping my lawns on the side. If I were to go full time I'd like to run larger equipment, like a skid steer, mini-x and a dingo, subbing out to others and doing some projects on my own. I think I could support myself very nicely with those pieces of equipment working solo or with a helper, but still small so profits are high and headaches low.

David Haggerty
02-10-2002, 06:18 AM
I never want to grow beyond doing the work myself.
I've downsized from 2 trucks and trailers to one, 3 years ago.
Profits are up.
It's amazing what one man can accomplish with the right equipment.


Only one of my accounts has me do "whatever the lawn needs".
I'd like to gain every customer's confidence like that.

Dave

RB
02-10-2002, 07:02 AM
I must be the only person on this site that is downsizing. I am solo and went from a backbreaking 75 accounts alone to about 40 great accounts this season. This is my 4th year in biz and it took me a couple of years to realize I work better alone. I have hired a few people, but none worked out (mostly my fault -- but not all my fault. lol) I sold my z and my 52" wb. I use my 36" exmark exclusively. I rarely even use my 21" mower. Went from a Ford 450 dump to a Chevy 3/4 ton (getting a dump insert this year). I on my first lawn my 9am and finish my last lawn at about 4pm each day. At home for dinner at 5pm every day. Looking forward to the 2002 season!

It's a nice life, but I'll never make the big $ -- but that's ok w/me.


Ron

HOMER
02-10-2002, 07:37 AM
All that matters is that your happy RB.;)

As for me.............................I'm going after more commercial work. Bids are out on 2 that will help the wallet pretty good. The longer I stay in this business the more I lean towards commercial properties for some reason. If I get these then I'll never be able to keep up with my residentials so I'll have to make a decison then to let em go or hire somebody to run that route. I've seen others try and get so big the fall on their face, I don't want that. If I can make a decent living and pay the bills I'm a happy camper.:D

Randy Scott
02-10-2002, 12:39 PM
Where do you want to go?



Disneyland!

LAWNS AND MOWER
02-11-2002, 12:08 PM
As a solo lco, I've just about maxed out on the # of accts I can handle. Each year I would like to drop 2 or 3 crappy accts and replace them with 2 or 3 cupcake accts. I won't take on any new accts that require a push mower on it. I could expand and hire employees but I've been there and done that. Got tired of babysitting the help. 2 of my accts make up 20% of my gross. These are high maintenance accts. Would be nice to just have 10 high maintenance accts instead of 60 smaller accts. Have also considered expanding into landscape lighting. This service is untapped in my area. Getting the misses back into the labor force would be nice.

LAWNS AND MOWER

PRECISION LC
02-11-2002, 02:31 PM
Thanks for asking,
To give everyone a little insite into my little bubble. My grandfather has run his own electric company for the past 40 yrs for his life solo and loves it dearly. My father strated Air-conditioning company 20 yrs ago solo, and has grown to one of the biggest in the area and has done well. I have grown up on hand outs and i got tired of it. Sicne the entrepreneurship blood is in my i started this lco and want to be big like my father. I would love to be one of the biggest in the area, providing all services, keeping many crews on full time. I know that many of you say that it is a big head ache, but i beleive with the connections i have, and the experience that my father has in business i will be succesful. I want to take my time and learn. Down the road I would love to start a nursary and garden shop, that way i materials at cost. Once i figure out my lco here i would love to start another in a bigger city and just keep growing so I have something to pass on to my children.
As you can tell I have given this a lot of thought, what else do you think about.

JimLewis
02-11-2002, 09:23 PM
Kyle,

I think you'll find you will do just fine with employees. They can be a headache and it's never a walk in the park. But if you have the aptitude and fortitude for it, it will work just fine.

Some people find they don't handle the stress well or when they run into some employee problems they decide they'd rather stop having employees than figure out creative solutions to the employee problems. That's fine. Those people probably shouldn't have employees.

But if you are willing to put up with a little extra stress, are willing to learn and keep trying until you figure it out, then you should do just fine. And you'll reap the rewards that only those with larger companies have.

Personally, I love it. I love being able to delegate the hard work and be able to trust that my guys will do it right. I love being able to take a day or even a week off and still make just as much money as I would have otherwise. I love driving around in a nice truck all day doing light work, errands, estimates, etc. And the headaches I have to put up with once in a while are worth all of it because the rewards are so great.

Jusmowin
02-11-2002, 11:05 PM
My ideal set up would be 2 full service lawn care crews (3 people each crew ) 50 to 60 year round full service accounts per crew. I would like to be the back up person, mower fixer,sell jobs and split wood for resale for winter money. I know this is not going to happen this year, but hopfully within the next 3 to 4 years Ill be there ...... AND ILL BE HAPPY ABOUT IT!

VLM
02-11-2002, 11:07 PM
You make it sound pretty sweet Jim. Almost makes a guy wanna reconsider..........nah! Best of luck to you!

AL Inc
02-14-2002, 11:56 AM
I've been meaning to post this but haven't been around much. I'm entering my 8th year and feel I have come to a brick wall. My sales for 2001 were about the same as for 2000. In fact, the bottom line was down for 2001. I can mostly attribute this to higher labor costs, I had 2 more men than the year prior. My work is approximately 75% maintenance and 25% construction/planting/sod. I work long hours during the season and I just don't know how much more work I want to take on.