Guys, are we going to put away enough $$ for the off season.

Discussion in 'Lawn Mowing' started by TMlawncare, Sep 28, 2005.

  1. TMlawncare

    TMlawncare LawnSite Bronze Member
    Posts: 1,197

    This season has been both good and bad. Up until five weeks ago the weather had been kind to us. Now going into our sixth week with only about 1/100th of an inch of rain thing are really going to cr_p. I usually use the months of Sept, Oct, and Nov to help get us over the off season. But just by looking out my window in looks like we are going to be down several thousand dollars compared to years past. I know leaf season (and snow removal) is coming up in a month but it won't be enough to compensate. Anyone else worried about the off-season.
     
  2. Sir mowsalot

    Sir mowsalot LawnSite Senior Member
    Posts: 310

    Looks like im going to just make it by the skin of my teeth.
     
  3. Green-Pro

    Green-Pro LawnSite Bronze Member
    Posts: 1,420

    two words...well fare

    jk lol we will be good this winter in fact on these last two jobs a two week fishing trip to the keys in Jan. may be in order payup
     
  4. ed2hess

    ed2hess LawnSite Fanatic
    Posts: 13,142

    Don't you have any commericial properties that require year round service up north? We start planting rye grass the next couple weeks and then we get to mow that straight through to the spring. We probably run around 45 cuts a year.
     
  5. Green-Pro

    Green-Pro LawnSite Bronze Member
    Posts: 1,420


    Pretty much only if your blading snow and snow don't grow it falls and only when it wants to :) My gameplan has been al along work like the devil until the ground freezes then go someplace warm for a few weks of R&R

    :cool2:
     
  6. Jpocket

    Jpocket LawnSite Silver Member
    Posts: 2,278

    You guys outta start saving for winter at the start of the spring. I figure what my expenses will be over the winter and try to have that number saved by August 1 No matter what that way any money after theat is a plus. You shouldn't have to worry about how you're gonna make it this late in the season.
     
  7. topsites

    topsites LawnSite Fanatic
    Posts: 21,654

    You're a smart person, I learned this lesson after my first year, it not only helps to save the money when the getting is good (spring) but it also helps during slow times - ALWAYS save money, always (more is better)... I had mine saved around august 20th (whew) and it really WOULD be nice to have the money saved by end of June (which is when the first real SLOW DOWN hits), but optimal is one thing and reality is another.
    If you have NOT saved your money, then you're going to clean up a LOT of leaves and that is actually the number ONE reason why I like to have my money saved asap so come leaf season, I could care less. ONE bad year is all it took to convince me, thou I did take a refresher course last year... Don't feel bad, I've been through it twice myself.

    Another way to say it is, remember back when we went to school how if you didn't do so good throughout the year, you had to go to summer school? Well, in Lawncare if you don't do so good throughout the year, you have to do leaves ;)
     
  8. TMlawncare

    TMlawncare LawnSite Bronze Member
    Posts: 1,197

    This year one of our main focus areas was to attack our debt. Well we stuck to our goal and really went after it. Did the company a lot of good. Going into Sept. everything looked like it was going to go as planned. I think were going to get through without a huge loan but things will have to be very conservative. Were going to have to live like we are on the verge of bankruptcy.
     
  9. lasher66

    lasher66 LawnSite Senior Member
    Posts: 395

    In the beginning of the season, estimate way less than you think your going to make (in case of drought , etc) in a year on your net income. Divide by 12, and pay yourself that amount every month. If you happen to have a good season, you will have money left at end of year to reinvest in your business or give yourself a nice bonus. Thats what I do and works out pretty good. To many people spend it as they get it and they are the first to go out of business on a bad season.

    Lasher
     
  10. mrusk

    mrusk LawnSite Gold Member
    Posts: 3,260

    I have had my winter money saved since mid july. Ofcourse i plan to get a job this winter, and if all goes well i won't even half to touch the money i have saved. Thats the game plan.

    Matt
     

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