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exponetial growth

Discussion in 'Lawn Mowing' started by Leone LawnCare, Nov 30, 2003.

  1. Leone LawnCare

    Leone LawnCare LawnSite Member
    Posts: 154

    do you guys think that a business can grow exponentialy as long as you keep getting equipment and employees. and have a good advertising plan?
  2. Flex-Deck

    Flex-Deck LawnSite Silver Member
    Posts: 2,846

    Only if you are dang competitive - lots of people out there mowing
  3. Team Gopher

    Team Gopher LawnSite Platinum Member
    from -
    Posts: 4,041

    Hi Leone LawnCare,

    You can grow as big as you want to!

    In 1945 at the age of 27 a guy by the name of Sam Walton opened a single unit Ben Franklin five-and-dime store in a small town. He had no plans other than to just be a single store. His first year sales were $80,000.
    On November 29th 2003 that same company had sales of $1.52 BILLION <-- dollars in ONE day!
    You can do it too! In fact you can be even bigger!
  4. J Hisch

    J Hisch LawnSite Senior Member
    Posts: 952

    When you decide to go large the profits only come in by mowing in the huge volumes. labor will slow down without you being there, equipment will be treated differently. Going large has it's advantages, but disadvadvantages also, To answer your question directly I call it the M&M's of lawn care. Money, Marketing, and Manpower. You will grow, but you will also lose 20%percent of business every year but will also gain 20%, but even if you lose account one year you may get it back the next. constant turn over.
  5. Chris W

    Chris W LawnSite Member
    from Ontario
    Posts: 26

    Rapid growth requires lots of capital and or excellent cash flow.
    The faster you grow the more carefully you have to manage the growth and your costs :drinkup:
  6. bayfish

    bayfish LawnSite Senior Member
    Posts: 641

    Don't get too carried away buying equipment. Use what you have until it is no longer profitable or it causes a loss of production. Many companies fail early because of unnecessary overhead. Don't buy equipment for what accounts you might get only for accounts you have.
  7. workaholic

    workaholic LawnSite Senior Member
    Posts: 260

    Bigger isnt better could very well become a nightmare been there done that. I scaled back 40% and making more money now then before 1. more time to maintain present propertys 2 retain employee loyaty 3 customer likes to see owner on propertys anybody disagree...
  8. John Allin

    John Allin LawnSite Bronze Member
    Posts: 1,489

    It can be done.
    Just need to be careful and surround yourself with smart people, and then watch and manage them properly.
  9. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    Exponentially in this business? No.
  10. promower

    promower LawnSite Bronze Member
    Posts: 1,232

    I disagree, you can grow exponetially but very few do and the ones that do are franchises, chemlawn seems to keep getting bigger and bigger even though in my opinion they dont do top of the line work.

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