Owner Salary?

Discussion in 'Business Operations' started by lunsethlawncare, Jan 6, 2013.

  1. lunsethlawncare

    lunsethlawncare LawnSite Member
    Posts: 4

    Just curious how everyone else budgets for their own salary? Right now I take about 15% of gross revenue as my salary (including distributions). My production labor consistently sits at about 28%. We did $500k this year. I've spent the last couple hours searching the internet for sample profit and loss statements so I can see how I stack up against the average company. Anyone know a good place to find that information? Any help would be appreciated.
     
  2. Greenboy24

    Greenboy24 LawnSite Senior Member
    Posts: 297

    lawn and landscape does post "state of the industry reports" (or whatever they call it) every year that provide a lot of info similar to what you are looking for. Not sure where they get their info from exactly but it gives you something to look at
     
  3. Bunton Guy

    Bunton Guy LawnSite Bronze Member
    Posts: 1,762

    I think L&L had posted the average salary in the green industry was 50-65,000

    Sounds like your doing well then.

    Then again the L&L magazine has the average including thousands of smaller companies that don't even gross over 50K

    FWIW, I take between 25-28% of gross rev.
     

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