Register free!
Search
 
     

The Green Industry's Resource Center


Click for Weather
Reply
 
Thread Tools Display Modes
  #1  
Old 02-11-2003, 05:26 PM
mike payne mike payne is offline
LawnSite Member
 
Join Date: Jan 2002
Location: blue springs, mo.
Posts: 75
Most important time of year...

To me, this is the most important time of year for my business. This is the time of the year to do last year's taxes and look at what accounts were profitable. Every year I try to take on 10% in beter paying accounts and raise or drop my bottom 10% to profitable accounts. With some accounts the time send there was not worth the compensation. Now is the time to take a marco look at your business and make adjustments. If you don't inprove and become more profitable you are wasting your time. May 2003 be your best year ever.
Reply With Quote
  #2  
Old 02-11-2003, 05:37 PM
Shuter Shuter is offline
LawnSite Bronze Member
 
Join Date: Oct 2002
Location: Cape Cod, MA
Posts: 1,174
I agree that this is the best time of year to go over all accounts. I try year round to get more profitable jobs and regular accounts. I am always watching my lower end accounts to see if my time would be better spent somewhere else. I have only been in business for 3 years on my own and I have had to let accounts go. It is sometimes a hard decision to justify. By watching my botom line and low end accounts and trying to gain more profitable accounts, I passed my sales goal by $13,000 last year. So far so good.
Reply With Quote
  #3  
Old 02-11-2003, 05:46 PM
rodfather's Avatar
rodfather rodfather is offline
LawnSite Fanatic
 
Join Date: Aug 2001
Location: Clinton, NJ
Posts: 9,632
Excellent thread.

January and February are my strategic business and marketing plans month. No later than March 1st I usually set the wheels in motion on what I have been examining for the past 60 days.
Reply With Quote
  #4  
Old 02-11-2003, 06:00 PM
mike payne mike payne is offline
LawnSite Member
 
Join Date: Jan 2002
Location: blue springs, mo.
Posts: 75
I really believe that is the time to become successful. Make up your business plan and attaract new coustomers. Any business without a thught out plan is desistened to fail. Ever year you need to analize your business plan for any weeknees. You cannot be profitable with out a successful plan.
Reply With Quote
  #5  
Old 02-11-2003, 06:23 PM
brentsawyer's Avatar
brentsawyer brentsawyer is offline
LawnSite Senior Member
 
Join Date: Nov 2001
Location: Lexington, KY 6
Posts: 663
I think this is the most nervous time of the year for me. It seems like every night I have a nightmare that it is the first of April and I have done nothing in terms of preparation. Kind of like the forgotten test dreams in college that kept you from earning a diploma.

Do agree though. It is biggest time of year for new accounts, hiring, maintenance and most importantly, R&R
Reply With Quote
  #6  
Old 02-12-2003, 01:30 AM
Mykster's Avatar
Mykster Mykster is offline
LawnSite Senior Member
 
Join Date: Jan 2002
Location: Arlington, WA
Posts: 668
Quote:
Originally posted by brentsawyer
It seems like every night I have a nightmare that it is the first of April and I have done nothing in terms of preparation. R&R

I get that feeling even if I feel I'm prepared for the upcoming season.
__________________
Mike
Sawyer Lawn & Landscape
Western, Wa.
<br>
<img src="http://www.kristofferson.com/sawyerlogo_transp.gif" border="0">
Reply With Quote
  #7  
Old 02-12-2003, 09:59 AM
Sean Adams Sean Adams is offline
 
Join Date: Jun 1999
Location: Pennsylvania
Posts: 3,623
This is a very important time of the year. However, I would suggest that determining which accounts are profitable should be a year round issue. Knowing your numbers allows you to make changes as necessary before it is too late and the year is lost. Tracking your time versus the time you estimated things to take will allow you to make the necessary adjustments right then and there, as opposed to waiting until you fill out the dreaded schedule C. It will also allow you to determine if you are bidding too low.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump





Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ©1998 - 2012, LawnSite.comô - Moose River Media
All times are GMT -4. The time now is 08:11 AM.

Page generated in 0.08588 seconds with 9 queries