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  #1041  
Old 09-15-2008, 07:40 PM
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M RASCOE&SONS M RASCOE&SONS is offline
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Quote:
Originally Posted by etwman View Post
There is a number, which I just happened to call the "Golden Number", which is what it cost you daily to operate your business. This would be what you have to net each day to just cash flow your company. This doesn't include gas, employees, etc. These are your fixed costs, insurance, rent/mortgage, equipment payments, and the list goes on and on. You probably could put your salary in there because you have to be paid or the company doesn't exist, but that is arguable. So many guys don't know that number, or know it and divide it out over 365 days and feel confident they'll make it work. You are in a seasonal business, divide it by 365 and it will put you in the poor house real quick. Take out winter (forget snow removal, don't even bank on that) 10 weeks, less weekends, less holidays, less .5 rain days a week, and what are you left with? About 200 working days a year. Take your annual fixed costs and divide them by 200, that'll give you your golden number of what you have to earn each day, NET, than that'll cover your operating costs. You actually want to make money, you have to exceed that golden number consistantly. Is it overly conservative, maybe, but you end up working more than 200 days a year that's money in the bank. When someone outside the industry thinks its so easy to make money in this line of work you can slap them upside the head and give them this scenerio. Tell them they would be have to work all year long, stay in their current house, make 2/3 their salary, and find a way to make it work, you'd get a good look for sure. The less debt you have, the lower that golden number. Mega debt and no assets will burn you fast. There are lots of ways to lower that Golden Number. The lower it is, the better you position yourself, the longer you will last in slow times. Lets call this business 101.
i like what your saying ,its pretty cut and dry .i think im gonna start off 09 following this.thanks
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  #1042  
Old 09-15-2008, 10:58 PM
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deere615 deere615 is offline
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Nice work, do you guys travel far for alot of you work?
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  #1043  
Old 09-16-2008, 11:09 AM
Adam's Lawn and Garden Adam's Lawn and Garden is offline
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Hershey is about 20 minutes from you guys isn't it Jarod? Either way, there are some gigantic houses up there. And you mean you don't only do "EP Henry Paver Patios"...fascinating. Anyways, Looks Great! Talk to you soon.
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  #1044  
Old 09-16-2008, 10:34 PM
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deere615 deere615 is offline
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Quote:
Originally Posted by Adam's Lawn and Garden View Post
Hershey is about 20 minutes from you guys isn't it Jarod? Either way, there are some gigantic houses up there. And you mean you don't only do "EP Henry Paver Patios"...fascinating. Anyways, Looks Great! Talk to you soon.
I didn't know he was that close to hershey.
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BOSETTI LAWN CARE
www.bosettilawncare.com
23 years old~5 years in business~Fully Insured~LLC
2008 Chevy Duramax
2007 Chevy 3500HD Dump
2003 Chevy 2500HD


6x16 Tandem Trailer
5x10 SS Trailer
5x8 Dump Trailer
Bobcat CT225 tractor-loader
Wright Stander 48" RH & 48" X
Quick 36”
JD GT225
(2)Honda HRX 217's
Echo & Stihl handhelds

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  #1045  
Old 09-17-2008, 07:25 AM
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etwman etwman is offline
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Half hour up the back way. Being located 1 mile from the turnpike exit we can be in Philly, Allentown, Harrisburg, York, and Hershey all within 45 minutes.
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  #1046  
Old 09-17-2008, 04:18 PM
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kreft kreft is offline
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what foot ball team do you like? eagles or steelers?
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  #1047  
Old 10-02-2008, 07:59 AM
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etwman etwman is offline
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The Eagles because of some personal attachments. Hershey is about a 35 minute haul for us.

Attached are some pics of another project we opened up in Hershey. The fall in the back yard is pretty substantial thus the need for a 1000 sf retaining wall. It is engineered and is being constructed out of EPHenry Cov Plus Wall. Above the wall will be a two tier patio, fireplace, and pond. We will most likely build the wall, tweak the design while head to another project and come back to finish this one up later this fall. We have another project we have to be at by mid October and are full for the year so scheduling is becoming a challenge.

Earlier this week we just sold our largest residential landscape/hardscape project to date in our company's history. The project (not the one posted below) will total just under $425k and be all natural products. I normally don't post dollar figures on projects but the scope of this project needs to be put into perspective. Completion date to be late next spring, but we will start this fall. I need to get permission from the client to release photos to the public before posting the final design. It will be a masterpiece to say the least. I may consider starting a separate thread for that one but I will see. For now its labeled as Project X.
Attached Images
     
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"Earth, Turf, & Wood, Inc. is a high-end residential landscape & hardscape company that offers superior employment experiences for employees, exceptional opportunities for our architects, a premium service to our customers and value to the community through service and stewardship. We attempt to honor God in all we do by encouraging teamwork, pursuing excellence passionately, serving those who lead, and demonstrating stewardship of resources."

Last edited by etwman; 10-02-2008 at 08:04 AM.
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  #1048  
Old 10-02-2008, 08:07 PM
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Supper Grassy Supper Grassy is offline
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Wall looks good... the start of it any way

what is the reason for two compactors the hand one and the plate one
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  #1049  
Old 10-02-2008, 08:15 PM
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RedMax Man RedMax Man is offline
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Is the gray thing with orange paint on it on the side of the dirt embankment a septic tank?
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  #1050  
Old 10-02-2008, 10:52 PM
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cleancutccl cleancutccl is offline
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in your trench are you using sand as a leveling pad? Just see a difference in material and don't know what it is, Here our AB3 or crushed limestone is a tan color.
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