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business manager

Discussion in 'Business Operations' started by MountainMan, Jun 3, 2008.

  1. MountainMan

    MountainMan LawnSite Member
    Messages: 12

    My parents are moving to missouri(?) and I have decided to follow them. I have decided not to sell my company but hire a business manger to run my company. I will come back to vermont quarterly to check on the business and the bookeeper will foward me the financial report. I have decided a decent wage for the business manager will be aroun 60-65k, do you think I am over paying him or her? and what restriction if any should I put on them?
     
  2. SilkKnitter

    SilkKnitter LawnSite Member
    from Zone 5
    Messages: 57

    Make sure that he/she Knows exactly what they are to do. Let him/her know about YOUR company polices and such.


    and uh, I would do it for only 45-50k a year :)
     
  3. kleankutslawn

    kleankutslawn LawnSite Bronze Member
    Messages: 1,185

    that maybe a bit hard to run a business from that far away especially only returning quarterly!
     
  4. Brianslawn

    Brianslawn LawnSite Silver Member
    Messages: 2,004

    you still going to pay him that much after he looses all your accounts?
     
  5. georgiagrass

    georgiagrass LawnSite Senior Member
    Messages: 970

    You may want to consider a pay system that is based on a matrix of collected revenue and margin.
     

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