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  #1  
Old 10-30-2012, 04:37 AM
BlueGrassBoy BlueGrassBoy is offline
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How much better did you do your second year in business compared to your first???

Please tell us how you did or did not do better your second year in business compared to your first. Please tell what you would have done differently if you could go back and on average how much does your business grow from season to season. I was wanting to know what to expect for next year because it will be my second year in business. Thanks.
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  #2  
Old 10-30-2012, 06:52 AM
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cgaengineer cgaengineer is offline
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We doubled our customer base but lost a large HOA.
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Old 10-30-2012, 08:01 AM
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123hotdog 123hotdog is offline
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I know that profit plays a role; but in the beginning measure your success by customer count. In the beginning it is much better to have allot of people owing you a little money than a few people owing you allot. I have seen so so many people starting out invest a ton of energy in that one or two big customers and those are the ones that are a phone call or two of being out of business. Pay cash Pay cash Pay cash in these uncertain times. Not only does this industry deal with the economy, we deal with drought as well.
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Old 10-30-2012, 05:24 PM
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Blades Lawn Maintenance Blades Lawn Maintenance is offline
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My second year went pretty smooth... I barley advertised in newspapers and the yards paid for the ad
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Enough Said...
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  #5  
Old 11-02-2012, 12:07 AM
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cpllawncare cpllawncare is offline
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We doubled our account base also, but we let some low end stuff go so we actually are in better shape for next year by opening up slots for higher end accounts.We only take on year round accounts now and as we grow next year we will drop some more per service stuff. As for equipment we are set, only a new 30" pusher is on the table for purchase.

Last edited by cpllawncare; 11-02-2012 at 12:12 AM.
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  #6  
Old 11-02-2012, 12:13 AM
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knox gsl knox gsl is online now
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Quote:
Originally Posted by 123hotdog View Post
I know that profit plays a role; but in the beginning measure your success by customer count. In the beginning it is much better to have allot of people owing you a little money than a few people owing you allot. I have seen so so many people starting out invest a ton of energy in that one or two big customers and those are the ones that are a phone call or two of being out of business. Pay cash Pay cash Pay cash in these uncertain times. Not only does this industry deal with the economy, we deal with drought as well.
Well said HD, I would say that for the first few years you should double every year and then a steady 15% after 4-6 years is healthy.
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Old 11-02-2012, 12:25 AM
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cpllawncare cpllawncare is offline
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I'd agree with HD also, in the beginning you need cash flow, keep your expenses to a min, and build as much cash flow as possible it will in turn allow you to grow and buy better equipment which will in turn make you more efficient and make more room for more work, which in turn again will allow you to slowly gain higher end customers and in the end you should have a lot of high paying accounts with a lot of payed for equipment, this is over a long period of time though, say 10 years or so.
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  #8  
Old 11-02-2012, 01:59 PM
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RiggitanoLandscape RiggitanoLandscape is offline
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3x the business the second year. I buy my customers from other getting out of it.
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  #9  
Old 11-02-2012, 03:06 PM
tdifonzo tdifonzo is offline
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I doubled my accounts this year as well. This is my 2nd year and first full season. I started in July of 2011. I also dropped some low end accounts and slow payers.

I wanted to add a riding mower but I don't think I can justify the expense just yet.
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  #10  
Old 11-02-2012, 03:33 PM
larryinalabama larryinalabama is online now
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I did silghtly better my second year, and slightly better each year now finally after 5 years I seem to hae more work than I want. It takes a while to build a business.

I will also add my first 2 years I worked a full time job, so Im not sure how I would have done if I didnt have the job, but it would have been better.
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