Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Business > General Business Discussions

General Business Discussions A place to talk about general business discussions.

Winter Expenses ugh...


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #1  
Old 04-03-2013, 12:50 PM
warbuff's Avatar
warbuff warbuff is offline
Member
 
Join Date: Feb 2010
Location: Poughkeepsie, NY
Posts: 67
Rep Power: 5
warbuff is on a distinguished road
Default Winter Expenses ugh...

I've been putting a bit of thought into this and decided it was time to share a few of my practices...

Ever run out of money in the off season and ended up paying with credit cards or taking a loan to cover your expenses? That was me 5 years ago. its hard to put money aside for the winter when you have bills to pay now, it took me a while to get to this point but last two winters have been much more manageable.

I started by making some accounting changes and also charging more. Then I had to get creative in cost cutting and how I paid my bills.

With my insurances I have my renewals in May a month after the season starts and I make sure to pay it off in 7 months, during the season so I do not have to make insurance payments in the off season. For example if you insurance is 1200 a year you would generally make 12 $100 dollar payments Instead I make 7 payments @ $171.50. For a small contractor like me not having to make that extra 100 payment each month from December to April is huge.

I use this same principle for my advertising and various affiliations and or memberships. All costs that are much easier to pay in season.

While you can't do this for every thing. My in season expenses are about $2350 a month not including payroll, when December hits that drops down $1300 which is much easier to handle...

I have to save less for winter costs, but I still try to put an extra $250 away per week to help cover those costs in winter so I will not have to rely on plowing income.

Just curious if any else has ideas on this or does similar things?
__________________

Clean, Quality Maintenance Services that Exceed Your Expectations.
Find Us On Facebook: ML Landscaping Poughkeepsie NY
Chance Favors the Prepared Mind...
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #2  
Old 04-03-2013, 08:59 PM
GreenBlue's Avatar
GreenBlue GreenBlue is offline
Senior Member
 
Join Date: Feb 2013
Location: Kansas
Posts: 248
Rep Power: 2
GreenBlue is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
Quote:
Originally Posted by warbuff View Post
I've been putting a bit of thought into this and decided it was time to share a few of my practices...

Ever run out of money in the off season and ended up paying with credit cards or taking a loan to cover your expenses? That was me 5 years ago. its hard to put money aside for the winter when you have bills to pay now, it took me a while to get to this point but last two winters have been much more manageable.

I started by making some accounting changes and also charging more. Then I had to get creative in cost cutting and how I paid my bills.

With my insurances I have my renewals in May a month after the season starts and I make sure to pay it off in 7 months, during the season so I do not have to make insurance payments in the off season. For example if you insurance is 1200 a year you would generally make 12 $100 dollar payments Instead I make 7 payments @ $171.50. For a small contractor like me not having to make that extra 100 payment each month from December to April is huge.

I use this same principle for my advertising and various affiliations and or memberships. All costs that are much easier to pay in season.

While you can't do this for every thing. My in season expenses are about $2350 a month not including payroll, when December hits that drops down $1300 which is much easier to handle...

I have to save less for winter costs, but I still try to put an extra $250 away per week to help cover those costs in winter so I will not have to rely on plowing income.

Just curious if any else has ideas on this or does similar things?
I'd like to hear responses on this one, and you've made some very good points, I like how you are putting aside money every week, will be doing that for sure once my business is up and running, feels like forever to get here though.
Reply With Quote
  #3  
Old 04-03-2013, 09:08 PM
SNethercutt SNethercutt is offline
Senior Member
 
Join Date: Mar 2013
Posts: 202
Rep Power: 2
SNethercutt is on a distinguished road
Default

Ever thought of doing Christmas lights or outside holiday decorating? A lot of people don't care to get out in the cold and do that kind of stuff.... extra money? Christmas lights are a huge business down here but I have yet to get in to it.
Reply With Quote
  #4  
Old 04-03-2013, 09:41 PM
willshome willshome is offline
new member
 
Join Date: Jan 2012
Location: Mass
Posts: 865
Rep Power: 0
willshome is on a distinguished road
Default

I do the same thing with my insurance but this year I would llike to pay it off in june when it starts. Get it done with and save $5 a month in fees
Reply With Quote
  #5  
Old 04-04-2013, 11:45 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 36,307
Rep Power: 10
Steve has disabled reputation
Default

Quote:
For example if you insurance is 1200 a year you would generally make 12 $100 dollar payments Instead I make 7 payments @ $171.50.
That is brilliant! What got you to change the way you did this? Did someone suggest it to you or how did you come up with it?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #6  
Old 04-05-2013, 08:44 PM
warbuff's Avatar
warbuff warbuff is offline
Member
 
Join Date: Feb 2010
Location: Poughkeepsie, NY
Posts: 67
Rep Power: 5
warbuff is on a distinguished road
Default

Quote:
Originally Posted by Steve View Post
That is brilliant! What got you to change the way you did this? Did someone suggest it to you or how did you come up with it?
in my 3rd year was making more money but I knew winter was going to kick my *** again so I looked at ways to keep my expenses down. Decided it was easier to do it this way when money was coming in faster. That hard choice with that is sometimes you don't pay down your debt as fast as you like but in winter time you can accumulate additional debt so much faster (when your income is lower) so you have to pick and choose your spots.

Its easy to say your going to save $250 a week or 1000 a month in reality its much much tougher...

For someone starting out I would recommend putting $50 a week away, at the end of the month you can add to it that's great but first weigh risk reward of paying down a debt or adding a new piece of equipment. Planning long term can only help. If you fail to plan ahead, you just asking for trouble...
__________________

Clean, Quality Maintenance Services that Exceed Your Expectations.
Find Us On Facebook: ML Landscaping Poughkeepsie NY
Chance Favors the Prepared Mind...
Reply With Quote
  #7  
Old 04-05-2013, 09:30 PM
GreenBlue's Avatar
GreenBlue GreenBlue is offline
Senior Member
 
Join Date: Feb 2013
Location: Kansas
Posts: 248
Rep Power: 2
GreenBlue is on a distinguished road
Default

Quote:
Originally Posted by warbuff View Post
in my 3rd year was making more money but I knew winter was going to kick my *** again so I looked at ways to keep my expenses down. Decided it was easier to do it this way when money was coming in faster. That hard choice with that is sometimes you don't pay down your debt as fast as you like but in winter time you can accumulate additional debt so much faster (when your income is lower) so you have to pick and choose your spots.

Its easy to say your going to save $250 a week or 1000 a month in reality its much much tougher...

For someone starting out I would recommend putting $50 a week away, at the end of the month you can add to it that's great but first weigh risk reward of paying down a debt or adding a new piece of equipment. Planning long term can only help. If you fail to plan ahead, you just asking for trouble...
I might consider this upon my start up.
Reply With Quote
  #8  
Old 04-05-2013, 09:42 PM
SECTLANDSCAPING SECTLANDSCAPING is offline
new member
 
Join Date: Jul 2009
Location: CT
Posts: 1,912
Rep Power: 0
SECTLANDSCAPING is on a distinguished road
Default

Its all about budgeting. If it helps you to spend the money in the spring and summer then go for it.

I do almost the opposite. I run a lean budget in season and do all my equipment purchases in the winter. During the spring and summer my income fluctuates so much its hard to know whats ahead. In the winter Ill get the same amount coming in for 4-5 months with a little added bonus from homeowners.

I guess its all preference and depends on how your revenue comes.
Reply With Quote
  #9  
Old 04-07-2013, 07:08 AM
warbuff's Avatar
warbuff warbuff is offline
Member
 
Join Date: Feb 2010
Location: Poughkeepsie, NY
Posts: 67
Rep Power: 5
warbuff is on a distinguished road
Default

Quote:
Originally Posted by SECTLANDSCAPING View Post
Its all about budgeting.

I guess its all preference and depends on how your revenue comes.
You have to figure out what works for you, I tell people what worked for me and if they can learn from my mistakes or ideas and do better for themselves mission accomplished, if they don't but post something else that I find helpful again mission accomplished. In the end I'm here to better my business, and I hope everyone else is able to improve as well...
__________________

Clean, Quality Maintenance Services that Exceed Your Expectations.
Find Us On Facebook: ML Landscaping Poughkeepsie NY
Chance Favors the Prepared Mind...
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Silly Expenses CHEESE2009 General Talk 14 09-11-2011 11:33 PM
Income/Expenses workdog Starting a lawn care business. 6 08-03-2010 01:39 AM
HelP W/Operating Expenses COWPOP General Business Discussions 2 01-27-2008 01:12 AM
Expenses and PDA tiedeman Gopher Software Support Archived Question & Answers - Read Only 1 08-30-2006 11:51 AM
tracking expenses Bamafire1 Gopher Software Support Archived Question & Answers - Read Only 1 04-30-2004 03:52 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Brake job!
kslawn
Today 07:49 AM
Today 07:49 AM
by kslawn
0 4
Hello! New here and...
CaliforniaFriendly
Yesterday 11:30 AM
Yesterday 05:39 PM
by jrs.landscaping
1 83
Exmark Lazer Z S-Series...
BLC7
08-22-2014 10:18 AM
Yesterday 08:03 AM
by Greg'slawnandlandscape
8 270
Stihl engine isn't...
Marcintosh
08-12-2014 08:30 PM
08-28-2014 09:28 PM
by Marcintosh
12 469
Hello
jawnebgoode
08-28-2014 08:37 PM
08-28-2014 08:37 PM
by jawnebgoode
0 38
Hello from Ohio
kurtwin
08-28-2014 05:06 PM
08-28-2014 05:06 PM
by kurtwin
0 51
Softball field
kslawn
08-15-2014 09:28 AM
08-28-2014 12:01 PM
by Steve
16 563
Lawn needs top soil What...
jymie
08-26-2014 11:01 AM
08-28-2014 11:58 AM
by Steve
5 174
Sod
RosalesLawnCare
08-27-2014 03:47 PM
08-28-2014 11:55 AM
by Steve
1 94
Help pricing cut down 7...
Bradcook21
08-26-2014 11:17 PM
08-28-2014 11:47 AM
by Steve
5 157
Walk Behinds and Texas...
SGL1
08-26-2014 03:53 PM
08-27-2014 10:38 PM
by SGL1
5 162
Say Hello !!!
Steve
03-19-2007 11:18 AM
08-27-2014 08:33 PM
by kurtwin
1,187 331,147
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
08-26-2014 04:21 PM
by ExtremeLawncareServices
110 6,561
How do I approach...
Bradcook21
08-21-2014 01:48 AM
08-26-2014 05:08 AM
by Billy Goat
12 456
Tender Process
M2Dave
08-24-2014 12:31 PM
08-25-2014 04:14 PM
by Steve
2 152
Grass hopper mower
ExtremeLawncareServices
12-05-2013 08:51 AM
08-25-2014 04:02 PM
by Steve
26 3,802
Need help pricing basic...
Bradcook21
08-22-2014 01:21 AM
08-22-2014 01:05 PM
by Steve
2 239
Yearly contract Pricing
jrob0691
08-21-2014 08:57 AM
08-22-2014 01:01 PM
by Steve
6 308
yearly contract help...
jrob0691
08-21-2014 04:09 PM
08-22-2014 12:48 PM
by Steve
1 190
Pampas bushes
Bradcook21
08-22-2014 01:30 AM
08-22-2014 07:17 AM
by grassdoctore
1 169
2014 Gie-expo
ExtremeLawncareServices
08-19-2014 11:22 PM
08-21-2014 08:50 PM
by phlawncare
2 205
Fuel Can Spouts
Shark1611
08-16-2014 09:09 AM
08-21-2014 08:23 PM
by SGL1
11 441
Have you ever had to...
SouthernRootsLawnCare
07-26-2014 02:41 PM
08-21-2014 05:03 PM
by stevef1201
6 706
Hello
M2Dave
08-21-2014 12:32 AM
08-21-2014 01:38 PM
by Steve
1 174
New Landscaping Business
rekon32
08-16-2014 02:26 PM
08-21-2014 12:33 PM
by SouthallMowing
8 496
Downed Tree Chop Bid
WesleySnips
08-16-2014 03:47 PM
08-20-2014 01:44 PM
by SGL1
10 477
60 inch honda/bunton...
pblawncare
08-17-2014 11:30 AM
08-18-2014 03:19 PM
by Steve
2 221
Replacement Parts -...
nicholas-KC
08-16-2014 08:40 AM
08-18-2014 03:16 PM
by Steve
4 330
Preparing the soil
Billy Goat
08-16-2014 06:18 PM
08-18-2014 03:01 PM
by Steve
1 241
What to pay help
phlawncare
08-04-2014 08:33 PM
08-18-2014 10:33 AM
by jrs.landscaping
29 1,062
Hello
Jeff1
08-07-2014 11:18 PM
08-15-2014 11:53 PM
by Jeff1
11 533
Lie #2 RESIDENTIAL...
ExtremeLawncareServices
01-06-2014 05:02 AM
08-15-2014 01:46 PM
by mattthelawnguy
54 6,619
Need help 30 HP koler...
Shady Grady
08-01-2014 03:31 PM
08-15-2014 08:46 AM
by kslawn
18 712
New Boomless Sprayer!
BlackRain75
01-03-2014 01:01 PM
08-14-2014 02:37 AM
by BlackRain75
12 1,892
first year update
cmdlawncare
08-12-2014 05:41 PM
08-13-2014 03:29 PM
by Steve
1 332
Hello from Jacksonville,...
JM Lawn Care
08-10-2014 07:15 AM
08-13-2014 07:04 AM
by Sprinkler Buddy
9 439
Hello everyone new to...
maddyandrays
08-11-2014 04:51 PM
08-12-2014 08:58 PM
by Shark1611
2 283
Walk behinds
hpruitcei
08-07-2014 06:28 PM
08-12-2014 02:35 PM
by mattthelawnguy
7 552
New name help
stevef1201
08-10-2014 04:27 PM
08-12-2014 12:03 PM
by Steve
6 439
my little green dilemmas
Lawn Techie
08-03-2014 11:47 AM
08-11-2014 01:20 PM
by Steve
7 540
what the best...
CleanCutsLLC
08-02-2014 01:02 AM
08-11-2014 01:16 PM
by Steve
6 578
Texas lawn care company...
Livingston Lawn Care
07-25-2014 11:29 AM
08-11-2014 01:19 AM
by ExtremeLawncareServices
13 842
Covering all the bases
janslawncare
08-08-2014 10:11 AM
08-08-2014 01:41 PM
by Steve
1 378
New from Florida
ADE
08-06-2014 08:40 PM
08-08-2014 01:32 PM
by Steve
4 443
JOB - Landscape Install...
janslawncare
08-08-2014 10:06 AM
08-08-2014 10:06 AM
by janslawncare
0 336
Battery power tools or...
Steve
08-07-2014 12:24 PM
08-07-2014 05:18 PM
by mattthelawnguy
2 343
My client just told me...
Greg'slawnandlandscape
08-04-2014 08:39 AM
08-06-2014 11:14 PM
by grassdoctore
12 686
Illegal spraying
GoGreenerKS
07-04-2014 09:11 AM
08-06-2014 02:03 PM
by Steve
13 1,317
Mowing the hills
EyeCatchersNow
07-08-2014 12:22 PM
08-06-2014 01:40 PM
by Steve
20 1,545
Crop Rotation Techniques...
eastsidelandcare
07-17-2014 03:47 PM
08-06-2014 10:29 AM
by eastsidelandcare
5 726
» Popular Tags
2wd 4x4 advertisement article marketing bid butterfly gardens care charge christmas lighting commercial courtesy call credit card customers decorating ditches employee problems exmark ferris foreman four wheel drive fundraiser gopherhaul grass gravely holiday lighting how much to charge husqvarna hydraulic installation kansas city landscape services lawn lawn care lawn care business book lawn care business podcast lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website leaf lighting brass outdoor lights marketing monthly mow mulch mulch price new buisness payment podcast property management company running a business scag scag v-ride schedule seo small engine repair snow starting a business steep lawns stihl sulky toro trailer mate pro truck new used landscape walk behind walker won't return zero turn
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 08:53 AM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 08:53 AM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy