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: 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, 08:59 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, 09:08 PM
SNethercutt SNethercutt is offline
Senior Member
 
Join Date: Mar 2013
Posts: 202
Rep Power: 3
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 online now
Administrator
 
Join Date: May 2003
Posts: 37,283
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: 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, 09:30 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, 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: 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 09-11-2011 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
What are your biggest...
Steve
Today 01:24 PM
Today 01:24 PM
by Steve
0 13
Go daddy web site and...
jcurr33
Yesterday 06:00 PM
Today 11:57 AM
by Steve
2 58
I have ZERO confidence...
Just for Cuts
05-01-2015 04:24 PM
Today 11:55 AM
by Steve
20 359
How busy are you now?
Steve
Yesterday 01:10 PM
Today 11:47 AM
by Steve
4 91
Pictures of commercial...
avetslawncare
04-01-2015 09:47 PM
Today 11:45 AM
by Steve
35 1,340
I'm Back With The Best...
aduttonater
02-21-2015 12:41 AM
Today 11:43 AM
by Steve
75 3,102
mowfinder
scaypa
04-27-2015 05:44 PM
Yesterday 01:14 PM
by Steve
1 142
Latest video, Facebook...
Sprinkler Buddy
05-01-2015 06:54 AM
Yesterday 01:09 PM
by Steve
3 127
These are the days on...
ExtremeLawncareServices
01-11-2015 10:41 AM
Yesterday 01:03 PM
by Steve
72 5,818
weed
avetslawncare
04-16-2015 07:56 PM
05-01-2015 11:38 AM
by Steve
8 480
so i need somehelp with...
dalvan0
04-28-2015 07:43 PM
04-30-2015 10:55 PM
by avetslawncare
3 196
Anyone have a Lawn Care...
nishirandall
04-28-2015 08:45 PM
04-30-2015 12:00 AM
by Steve
1 161
mowing pic
joshlawncare
04-25-2015 12:34 PM
04-29-2015 10:55 PM
by Steve
5 266
Big (to me) mulch job
tl757
04-23-2015 05:32 PM
04-29-2015 10:51 PM
by Steve
14 448
Help with a truck
bdodson89
04-27-2015 08:15 PM
04-29-2015 10:47 PM
by Steve
4 200
Ford F250 Wheel loaders...
jrs.landscaping
04-28-2015 05:34 AM
04-29-2015 07:47 AM
by jrs.landscaping
2 152
New company in Michigan
SEM
04-24-2015 09:27 PM
04-28-2015 11:56 AM
by Steve
6 235
Correct me if I'm wrong...
SGL1
04-26-2015 02:41 PM
04-28-2015 06:57 AM
by SGL1
12 290
Total yard rehab
SGL1
04-23-2015 03:59 PM
04-27-2015 06:57 PM
by SGL1
11 371
equipment marketplace?
jrs.landscaping
04-27-2015 04:49 PM
04-27-2015 06:09 PM
by jrs.landscaping
2 145
Buying contracts /...
greenscaper123
04-26-2015 04:46 PM
04-27-2015 05:59 PM
by Steve
2 183
Lawn Care Service in...
Friscobob
04-24-2015 03:33 PM
04-27-2015 05:44 PM
by Steve
4 258
what's the big deal...
Tony317
04-25-2015 02:19 PM
04-27-2015 05:43 PM
by Steve
3 195
Newb Question - Multiple...
DependiLawn
04-24-2015 11:36 PM
04-27-2015 05:36 PM
by Steve
1 186
maintandlawndispatch...
SGL1
04-21-2015 03:31 PM
04-24-2015 04:42 PM
by Steve
9 338
Thoughts on Undocumented...
element009
09-25-2011 11:08 AM
04-23-2015 09:32 PM
by Chilehead
56 15,754
Hello Everyone
DesignsByBnC
04-22-2015 04:07 PM
04-23-2015 02:19 PM
by DesignsByBnC
2 216
The upcoming rainy...
5StarLawnscaping
04-21-2015 01:22 PM
04-23-2015 12:54 PM
by Steve
7 305
color fliers?
holymoly
04-18-2015 02:32 PM
04-23-2015 12:50 PM
by Steve
12 518
WARNING! Especially to...
SC93
04-19-2015 12:05 PM
04-22-2015 01:39 PM
by Steve
14 572
Could be great news for...
SC93
04-14-2015 11:06 PM
04-22-2015 01:28 PM
by Steve
15 643
quick pic
joshlawncare
04-14-2015 07:49 PM
04-21-2015 05:01 PM
by joshlawncare
4 458
Got Inspected today
swstout
08-09-2010 10:31 PM
04-21-2015 03:53 PM
by SGL1
10 4,136
Smoked my first belt!
SGL1
04-20-2015 08:46 PM
04-21-2015 03:28 PM
by SGL1
4 279
lawn care business...
holymoly
04-18-2015 02:56 PM
04-21-2015 06:18 AM
by holymoly
3 378
landscape insurance
clarkslawn
03-30-2015 10:14 PM
04-20-2015 10:02 PM
by SGL1
4 611
Poll & Discussion...
CHEESE2009
09-16-2011 06:16 PM
04-20-2015 08:20 PM
by avetslawncare
27 5,810
Aerating / Dethaching...
Hard-Body lawn & garden
04-12-2015 07:53 PM
04-19-2015 08:49 PM
by Chilehead
17 747
Start LIKING FACEBOOK...
rlclawncare123
02-26-2015 12:06 AM
04-19-2015 09:21 AM
by KJ90
8 1,140
bidding a cemetery....
NPM_LLC
03-28-2015 10:56 AM
04-19-2015 05:26 AM
by RSE
22 1,201
Hustler Raptor
SGL1
04-13-2015 09:27 PM
04-18-2015 07:53 AM
by SGL1
15 649
is craiglist good to...
JBENI
04-16-2015 11:11 AM
04-17-2015 10:25 PM
by Wolf4dk
11 561
Am I missing something...
googus
04-11-2015 06:33 PM
04-17-2015 08:01 PM
by avetslawncare
10 695
Hello
sonny54
04-16-2015 09:49 PM
04-17-2015 03:10 PM
by Steve
1 311
Unreal
Chilehead
04-09-2015 09:12 PM
04-17-2015 08:27 AM
by Chilehead
11 703
starting a lawn care...
JBENI
04-14-2015 09:03 AM
04-17-2015 08:03 AM
by JBENI
14 717
Finally got a warehouse
avetslawncare
03-12-2015 07:52 PM
04-16-2015 07:52 PM
by avetslawncare
23 1,541
New 14 x 7 Enclosed...
whitepropertydetail
04-15-2015 06:46 PM
04-16-2015 03:40 PM
by Steve
1 372
older used dump trucks
SECTLANDSCAPING
09-22-2011 12:33 AM
04-16-2015 12:41 PM
by biglee
21 8,196
Tax Poll
Steve
04-15-2015 02:13 PM
04-15-2015 02:13 PM
by Steve
0 351
» Popular Tags
ad landscaping apartment bid apartment complex apartment lawn care estimate applying bark bob villa bush collections commercial contract help deliquentaccounts demonstration design ditches door hangers edging employee problems estimate flyers free advertising google grass growing a lawn care business hardscapes hills how to hydraulic jobs landscape services lawn lawn aeration lawn care lawn care busines plan lawn mowing managing a lawn care business marketing marketing secrets new business new mower ordinance past due patio install per hour charge per hour service profit on employee push versus ride running a business scag v-ride scripts secrets to landscaping sell the vision seo shreaded snow plowing sq ft starting a lawn care business theft toro tractor auger trailer mate pro truck new used landscape web design website website design winterization won't return wood wright stander rh www.greenturion.co.za
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 02:44 PM.


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

All times are GMT -5. The time now is 02:44 PM.

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