Profit Amount?

Discussion in 'Business Operations' started by Firebrigade, May 16, 2012.

  1. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Posts: 7,961

    Sky high as he missed wages.
     
  2. XYZLawnPros

    XYZLawnPros LawnSite Senior Member
    Posts: 398

    Profit for you or your business?
    Are you legit?
    What type of corporation are you if yo have one? GP,LP,LLP,FLP,C corp,S corp,PC
    NPC,Trusts etc..

    PM me and I'll give you profit, gross and net for the business side.
     
  3. Duekster

    Duekster LawnSite Fanatic
    from DFW, TX
    Posts: 7,961

    You forgot LLC
     
  4. clydebusa

    clydebusa LawnSite Bronze Member
    Posts: 1,660

    Man dude take some business classes in a local junior college. This will help you!
     
  5. Mikegyver

    Mikegyver LawnSite Bronze Member
    Posts: 1,810

    That or at least the local SBDC...its free...
     
  6. knox gsl

    knox gsl LawnSite Platinum Member
    Posts: 4,924

    You all are speeking to a brick wall, he's a fire fighter and they are here to bring down the prices of lawncare for all of us. This particular one has just found out a little earlier than most that lowballing is a no win situation for everyone. You don't see every landscape guy going down to the firestation and applying for the job and putting down $8 for expected hourly pay rate so don't do it to hardworking landscapers.

    You as a one man show should be making $35/ hour of on job working after business cost. Yes it gets alot deeper than that but I'm sure if you're like most solo's you aren't set up as a corp yet. I usually charge $50/hour for me on non mowing jobs and then another $30/hour for my help, this is after a healthy markup on materials and rental equipment. When you price out a job go in with the idea of take it or leave it (don't be cocky, just confident). If the customer wants it cheaper then adjust the level of service provided, and remember most people can sense a hungry salesman and will take advantage of it.

    Look at it like this. Cost to operate your truck per mile $.85 mower per hour $8.75, trimmer/blower per hour $1.90.

    Regular work week for newbie lowballer: 30 properties with an average of 25 minutes on mower and 15 trimming/blowing and paying an average of $30 with about 125 miles of driving that week. 24 hours driving working for $670.12, this is whats left to pay yourself, taxes, advertising and insurance with.
    Regular work week for newbie non-lowballer: 25 properites (already weeded out the cheepo customers by being higher priced) 25 minutes on mower and 15 trimmer/blower again but he's getting $40/ property and driving 100 miles per week. This guy will put in about 20 hours driving or mowing and will bring in $811.97 for the week but still has all the other cost to cover also.

    Mr. fireman (and other newbies out there) remember most of us aren't doing this for some extra spending money, we support our families off what we earn out here so charge the going rate. Work less make more!
     
  7. 32vld

    32vld LawnSite Gold Member
    Posts: 3,984



    Well said.

    Many a fireman, cop, teacher, want to moon light as LCO's and there is nothing wrong with that. But many use their well paying civil service jobs to allow them to low ball our industry.

    As you said after they realize their full expenses that they are not making enough money because they low ball/don't charge enough.

     
  8. Mikegyver

    Mikegyver LawnSite Bronze Member
    Posts: 1,810

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