Early Season Help

Discussion in 'Lawn Mowing' started by MWM, Mar 2, 2002.

  1. MWM

    MWM LawnSite Member
    Posts: 102

    I know spring is right around the corner so I wanted to beat the rush and help some newbies out there. This year after poring over my financial statement page I have decided to raise my times factor to 4. For example if I pay $2.00 for seed I sell it for $8. If I want to make $9/Hr I sell my time for $36. I already have six 1/2 acre lots to seed then maintain signed up this way. I know that there will be alot of competition this year but my costs are my costs. Any questions?;)
     
  2. Barkleymut

    Barkleymut LawnSite Bronze Member
    Posts: 1,117

    Yeah I have a question. Your times factor for seed is 4x? That means if I apply 100 lbs and my cost is approx. $100 I should charge around $400. Does this include slit seeding and or aerating? If no then you would never get a job around here with outrageous prices like that. Just had to respond to this to get some more details.
     
  3. Not a good way.

    Mark your materials up.

    X5 is what I use for material mark up, plus aeration or slit seeding.

    Now for your $9 to $36 does not work this way.

    20% of what ever you do goes to the goverment.

    40% goes to employees.

    That leaves 40% for expences etc.....

    Your method $7.20 and $14.40 = $21.60 gone before you even get to count it. So that leaves $14.40 out of every hour for all the other expences. shop, advertising, fuel, mower, truck, etc...we'll say that's $10 an hour.

    That leaves you with $4.40 an hour profit. That's like 12%. and not much money to me.

    Hell that's $7040 for 1600 hours.

    Me thinks you need to rethink this pricing scale.
     
  4. walker-talker

    walker-talker LawnSite Platinum Member
    from Midwest
    Posts: 4,771

    For overseeding and aerating I do the same as LGF, except for its X4 for me.

    MATT
     

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