Top 5 expenses

Discussion in 'Business Operations' started by BrendonTW, Jun 6, 2014.

?

Greatest annual expenses?

  1. Fuel

    52 vote(s)
    72.2%
  2. Labor

    44 vote(s)
    61.1%
  3. Insurance

    20 vote(s)
    27.8%
  4. Equipment Maintenance

    20 vote(s)
    27.8%
  5. Vehicle Maintenance

    22 vote(s)
    30.6%
  6. Advertising

    16 vote(s)
    22.2%
  7. Rent / Utilities

    5 vote(s)
    6.9%
  8. Administrative Overhead

    5 vote(s)
    6.9%
  9. Repairs

    13 vote(s)
    18.1%
  10. Speeding tickets ;)

    0 vote(s)
    0.0%
Multiple votes are allowed.
  1. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,716

    A percentage of gross should still be allocated for a " wage" for the owner.

    I see what you're saying but even solos don't go to work out of the kindness of their hearts, they still need money to pay their bills whether it be salary or a draw.
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  2. BrendonTW

    BrendonTW LawnSite Senior Member
    Male, from Oklahoma City
    Posts: 551

    Not sure where you got that I thought you should work for free.
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  3. jrs.landscaping

    jrs.landscaping LawnSite Silver Member
    from Maine
    Posts: 2,716


    Not saying That at all, some guys never figure their own time as a direct labor cost, same principal as " my equipment is paid for."
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  4. JContracting

    JContracting LawnSite Bronze Member
    Posts: 1,878

    Hah here we go!! Here's another solo vs actual business war!

    I just had this discussion briefly tonight with a friend in the business and I had explained to him how on a recent job I myself had 14 on site hours in the field plus 3 office/meeting hours directly related to that particular job and he said "oh that doesn't count!" Like my time for estimates is actually "free" to clients... I didn't even try to explain how eventually it will be someone else within the company doing sales & accounting, therefore that time has to be accounted*for.
    Posted via Mobile Device
     
  5. 94gt331

    94gt331 LawnSite Bronze Member
    Male
    Posts: 1,693

    1) Cost of goods sold ( plants, mulch, stone, etc)
    2) Labor cost
    3) equiptment depreciation
    4) fuel
    5) commercial auto insurance/ work comp, etc
     
  6. Snyder's Lawn Inc

    Snyder's Lawn Inc LawnSite Platinum Member
    Posts: 4,541

    Fuel is bigger then wages
     
  7. AI Inc

    AI Inc LawnSite Fanatic
    Posts: 25,301

    MY fuel bill runs about $500 a week. My payroll is a little over $3k a week.
     
  8. snomaha

    snomaha LawnSite Senior Member
    from midwest
    Posts: 893

    You must have people that work for free. What is your fuel cost as a percentage of revenue compared to wages?
     
  9. Snyder's Lawn Inc

    Snyder's Lawn Inc LawnSite Platinum Member
    Posts: 4,541

    Wish mine was that for a week

    If I figure just the business then yes Labor higher then fuel
    Family cars to fill up and other stuff not used if the business to fill up adds up business pays for But beats taking out my pocket
     
  10. RoyalTree

    RoyalTree LawnSite Member
    Posts: 156

    Maybe he pays them with gas
    Posted via Mobile Device
     

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