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, 01:50 PM
warbuff's Avatar
warbuff warbuff is offline
Member
 
Join Date: Feb 2010
Location: Poughkeepsie, NY
Posts: 67
Rep Power: 6
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, 09:59 PM
GreenBlue's Avatar
GreenBlue GreenBlue is offline
Senior Member
 
Join Date: Feb 2013
Location: Kansas
Posts: 248
Rep Power: 3
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, 10:08 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, 10:41 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, 12:45 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 37,007
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, 09:44 PM
warbuff's Avatar
warbuff warbuff is offline
Member
 
Join Date: Feb 2010
Location: Poughkeepsie, NY
Posts: 67
Rep Power: 6
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, 10:30 PM
GreenBlue's Avatar
GreenBlue GreenBlue is offline
Senior Member
 
Join Date: Feb 2013
Location: Kansas
Posts: 248
Rep Power: 3
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, 10:42 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, 08:08 AM
warbuff's Avatar
warbuff warbuff is offline
Member
 
Join Date: Feb 2010
Location: Poughkeepsie, NY
Posts: 67
Rep Power: 6
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 09-12-2011 12:33 AM
Income/Expenses workdog Starting a lawn care business. 6 08-03-2010 02:39 AM
HelP W/Operating Expenses COWPOP General Business Discussions 2 01-27-2008 02:12 AM
Expenses and PDA tiedeman Gopher Software Support Archived Question & Answers - Read Only 1 08-30-2006 12:51 PM
tracking expenses Bamafire1 Gopher Software Support Archived Question & Answers - Read Only 1 04-30-2004 04:52 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Ground Guys
Pattersonllc
Yesterday 07:49 PM
Yesterday 10:00 PM
by Just for Cuts
1 30
Starting a legit...
Hard-Body lawn & garden
Yesterday 08:19 PM
Yesterday 08:42 PM
by CurbAppeal1
1 25
How do YOU charge your...
Hard-Body lawn & garden
03-02-2015 09:28 PM
Yesterday 08:19 PM
by Bradcook21
3 102
Small dovetail truck...
ExtremeLawncareServices
Yesterday 07:47 PM
Yesterday 07:47 PM
by ExtremeLawncareServices
0 22
Beginner Mistakes:...
Steve
01-31-2007 12:45 PM
Yesterday 07:33 PM
by CurbAppeal1
25 7,749
Front page google...
CurbAppeal1
Yesterday 06:04 PM
Yesterday 07:28 PM
by CurbAppeal1
4 47
Opinions on truck wrap
Trupro
02-28-2015 04:21 PM
Yesterday 07:20 PM
by CurbAppeal1
18 356
taking first steps...
sizemorelawncare
11-10-2014 08:24 PM
Yesterday 06:47 PM
by BladesofSteel
14 1,990
Doug With Blades Of...
BladesofSteel
03-03-2015 08:40 PM
Yesterday 05:44 PM
by BladesofSteel
2 58
hoa bid
Bradcook21
Yesterday 07:12 AM
Yesterday 04:49 PM
by Steve
2 77
Incentives for potential...
rmccutchan
02-02-2015 12:09 AM
Yesterday 04:06 PM
by Steve
13 857
Kawasaki Control Assembly
rsanchez1203
03-03-2015 04:21 PM
Yesterday 04:04 PM
by Steve
10 164
All NEW BRASS Black Rain...
BlackRain75
03-03-2015 10:07 PM
Yesterday 02:33 PM
by Sprinkler Buddy
1 51
Moss in grass in the...
tk4454
05-17-2013 12:19 AM
Yesterday 09:08 AM
by Moki
4 1,605
Jesse with Curb Appeal...
CurbAppeal1
03-03-2015 01:44 PM
03-03-2015 06:48 PM
by CurbAppeal1
12 151
New guy from Columbia, SC
holymoly
03-03-2015 05:27 PM
03-03-2015 06:10 PM
by Steve
1 46
Diesel conversion?
Just for Cuts
03-02-2015 10:59 AM
03-03-2015 06:08 PM
by Just for Cuts
4 120
stubbon people
Bradcook21
02-16-2015 04:25 PM
03-03-2015 05:56 PM
by Steve
45 1,509
What's include in a bid?
ppl
03-02-2015 01:19 PM
03-03-2015 05:53 PM
by Steve
9 212
New Website
brian'slawncare
03-01-2015 06:35 PM
03-03-2015 05:48 PM
by Steve
8 174
New Lawn Care Business
S&Z Lawncare
03-02-2015 04:13 PM
03-03-2015 05:39 PM
by Steve
3 125
My Newborn son
avetslawncare
02-27-2015 01:07 PM
03-03-2015 05:23 PM
by joshlawncare
7 174
New parking area
ExtremeLawncareServices
11-07-2014 09:47 PM
03-03-2015 02:50 PM
by ExtremeLawncareServices
14 2,047
rock salt
Bradcook21
02-24-2015 11:17 AM
03-03-2015 01:26 PM
by jrs.landscaping
30 673
tips on creating a...
BLAZIER-1991
01-08-2015 07:22 PM
03-03-2015 10:38 AM
by brian'slawncare
9 816
pros and cons on...
Wolf4dk
03-02-2015 12:26 AM
03-02-2015 10:14 PM
by ExtremeLawncareServices
6 152
price for snow clearing?
Bradcook21
02-25-2015 09:11 PM
03-02-2015 08:32 PM
by Bradcook21
7 295
Ugliest lawn contest
Steve
02-23-2015 04:17 PM
03-02-2015 04:57 PM
by Steve
5 382
Hi from the beautiful...
nwgirl
02-07-2015 06:01 AM
03-02-2015 04:45 PM
by Steve
5 668
Online Estimator
acrajchel
03-01-2015 05:58 PM
03-02-2015 03:50 PM
by Steve
3 137
How to obtain more...
winkie61
02-17-2015 08:31 AM
03-02-2015 11:05 AM
by nwgirl
4 608
I'm Back With The Best...
aduttonater
02-21-2015 01:41 AM
03-02-2015 10:44 AM
by ExtremeLawncareServices
16 689
How to sell annual...
GroPro
02-17-2015 12:31 PM
03-01-2015 01:46 PM
by Chilehead
8 641
Facebook
element009
03-23-2011 09:36 AM
02-27-2015 11:37 AM
by ExtremeLawncareServices
52 11,883
Blade sharpener
Just for Cuts
07-04-2014 01:31 PM
02-26-2015 03:43 PM
by Mr. Mow
15 1,808
viking cyclon.
uppercut
01-29-2015 09:12 PM
02-26-2015 02:54 PM
by Steve
5 555
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 01:06 AM
02-26-2015 02:41 PM
by Steve
1 159
Another website update
Chilehead
02-26-2015 11:24 AM
02-26-2015 12:46 PM
by Just for Cuts
3 148
New Lawn Care Service...
rlclawncare123
02-26-2015 12:49 AM
02-26-2015 02:24 AM
by ExtremeLawncareServices
1 179
Finally!
SGL1
02-22-2015 09:46 PM
02-25-2015 10:15 PM
by SGL1
13 510
leaf removal.. mulching...
facework84
08-05-2011 03:26 PM
02-25-2015 08:07 PM
by Steve
5 2,846
How many customers?
SC93
02-25-2015 12:40 AM
02-25-2015 04:59 PM
by SC93
5 289
Irrigation...
charlieallen
02-24-2015 01:16 PM
02-25-2015 02:58 PM
by Steve
6 273
use a small business...
BLAZIER-1991
12-25-2014 12:21 AM
02-25-2015 12:46 AM
by SC93
33 2,907
honest opinion please
uppercut
02-17-2015 02:30 AM
02-24-2015 07:12 PM
by homey
10 726
2nd year advice anyone
Bradcook21
02-18-2015 07:00 PM
02-24-2015 05:15 PM
by Bradcook21
14 712
need help
lawnexpers115
02-23-2015 05:36 PM
02-24-2015 02:49 PM
by Steve
3 316
Hello People
nativikee
02-23-2015 07:17 PM
02-24-2015 02:43 PM
by Steve
4 317
New member
qua ke zik 001
02-23-2015 11:24 AM
02-23-2015 03:40 PM
by Steve
1 269
New Video
Sprinkler Buddy
02-22-2015 09:18 PM
02-23-2015 03:19 PM
by Sprinkler Buddy
2 292
» Popular Tags
2wd 4x4 ad landscaping aerocore apartment bid apartment lawn care estimate applying auger billy goat brushcutter bush contract help curb appeal services deliquentaccounts design ditches door hangers employee problems estimate facebook foreman four wheel drive google gopherhaul gravely growing a lawn care business how to jobs john deere quik trac landscape services lawn lawn care lawn care busines plan lawn care business lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website lawn care website seo lawn mowing managing a lawn care business marketing marketing secrets mulch new mower per hour service podcast pricing pto secrets to landscaping seo shell snow plowing sq ft starting a lawn care business steep lawns theft toro toro grand stand tractor auger trailer trailer mate pro up sell employee web design website website design winterization wood wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 02:36 AM.


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

All times are GMT -5. The time now is 02:36 AM.

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