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: 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, 09:59 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, 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 offline
Administrator
 
Join Date: May 2003
Posts: 36,614
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: 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, 10:30 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, 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: 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 09-12-2011 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
Say Hello !!!
Steve
03-19-2007 12:18 PM
Yesterday 10:30 PM
by Just Cuts
1,194 348,813
Contract or no contract?
TRV
11-20-2014 09:18 PM
Yesterday 09:23 PM
by stevef1201
5 267
Good help is hard to find
Hanks Lawn Care Services
11-19-2014 03:27 PM
Yesterday 09:16 PM
by stevef1201
9 334
New parking area
ExtremeLawncareServices
11-07-2014 09:47 PM
Yesterday 07:32 PM
by ExtremeLawncareServices
4 438
These are the days on...
ExtremeLawncareServices
03-22-2014 10:12 AM
Yesterday 07:22 PM
by ExtremeLawncareServices
178 14,261
Hello from Kentucky
TRV
09-30-2014 06:42 PM
Yesterday 07:16 PM
by ExtremeLawncareServices
10 1,396
Pics for website
tbtigers03
11-21-2014 05:40 PM
Yesterday 12:12 PM
by Just for Cuts
5 239
Hi from IL
steveinil
11-25-2014 02:07 PM
Yesterday 11:21 AM
by Steve
1 68
WNY saying Hi.
Sargewesser
11-25-2014 07:27 AM
Yesterday 11:20 AM
by Steve
1 74
How to: Use Thumbtack...
acrajchel
11-17-2014 06:39 PM
Yesterday 11:19 AM
by Steve
18 648
Peco Bagger
AGPS
11-18-2014 02:20 PM
Yesterday 10:58 AM
by Steve
10 400
Beginner Mistakes:...
Steve
01-31-2007 12:45 PM
Yesterday 10:57 AM
by Steve
22 6,291
Hi to you NOTHERNERS
stevef1201
11-11-2014 05:56 PM
Yesterday 10:42 AM
by Steve
5 395
Billboards for marketing
ExtremeLawncareServices
11-16-2014 08:39 PM
Yesterday 10:40 AM
by Steve
14 460
leaf removal
Double J LLC
10-03-2014 05:24 PM
Yesterday 01:08 AM
by ExtremeLawncareServices
25 2,592
How much do you up sell...
Essex Groundskeeping
11-23-2014 07:13 PM
11-24-2014 06:29 PM
by stevef1201
8 223
This sucks...
Matther777
09-18-2014 05:56 PM
11-24-2014 05:49 PM
by biglee
16 3,257
Pressure Washing...
WesleySnips
07-31-2014 07:13 PM
11-24-2014 04:32 PM
by acrajchel
4 696
New website
Chilehead
11-20-2014 04:39 PM
11-23-2014 07:40 PM
by Just for Cuts
12 350
My site is on fronts page
tbtigers03
11-14-2014 05:58 PM
11-22-2014 10:49 PM
by Just for Cuts
16 580
Belt dealer problem
googus
11-21-2014 08:45 AM
11-21-2014 06:36 PM
by Steve
2 188
What is going on with...
biglee
11-14-2014 03:04 PM
11-20-2014 02:50 PM
by biglee
40 1,038
My advice for new guys
avetslawncare
11-15-2014 09:32 AM
11-19-2014 01:47 PM
by biglee
10 583
Lawn Care business...
crieg122
10-23-2014 02:23 PM
11-19-2014 12:39 PM
by acrajchel
28 1,948
raking leaves ?
robert8509
10-22-2014 10:19 PM
11-18-2014 04:24 PM
by acrajchel
14 1,524
Leaf removal
madmedic8575
10-24-2014 05:14 PM
11-17-2014 07:34 PM
by acrajchel
6 1,262
sod job
SGlawncare
10-30-2014 09:21 PM
11-17-2014 07:10 PM
by acrajchel
7 845
Customer wants me to...
Mr. Mow
11-09-2014 07:13 AM
11-17-2014 06:48 PM
by acrajchel
10 629
Hello!
Brian3137
11-11-2014 07:15 PM
11-17-2014 06:46 PM
by acrajchel
14 548
small biz in Phoenix,AZ
anthonyramos1
11-08-2014 09:35 PM
11-17-2014 05:59 PM
by acrajchel
2 387
Client won't pay...
WesleySnips
10-30-2014 03:53 PM
11-17-2014 05:37 PM
by acrajchel
22 1,466
Government contracts
avetslawncare
11-15-2014 08:50 AM
11-17-2014 12:59 PM
by Steve
2 320
Need help on deciding a...
Brian3137
11-10-2014 06:32 PM
11-17-2014 12:44 PM
by Steve
12 591
West cost lawn prices
SGlawncare
10-09-2014 10:51 PM
11-16-2014 07:54 AM
by stevef1201
8 1,673
So how do you guys...
Mr. Mow
10-26-2014 08:55 AM
11-15-2014 08:44 AM
by avetslawncare
14 1,797
Truck, Trailer,...
hawthornelawncare
12-23-2011 01:01 AM
11-13-2014 08:35 AM
by jrs.landscaping
81 31,966
The most dangerous part...
Steve
10-06-2014 03:45 PM
11-12-2014 05:05 PM
by stevef1201
14 1,768
A little hang up in snow...
stevef1201
11-08-2014 07:05 AM
11-12-2014 12:51 PM
by Steve
4 506
Bi-weekly winter...
lxarth
11-04-2014 08:37 PM
11-12-2014 10:06 AM
by WesleySnips
9 712
taking first steps...
sizemorelawncare
11-10-2014 08:24 PM
11-11-2014 01:21 PM
by Steve
1 398
Back Pack Blower
Ian Lovejoy
11-09-2014 08:41 AM
11-11-2014 08:12 AM
by Just for Cuts
4 457
Business Cards
crieg122
10-25-2014 01:03 PM
11-11-2014 07:56 AM
by Just for Cuts
12 1,409
How the unregister?
alive101
11-04-2014 07:39 AM
11-10-2014 01:48 PM
by Steve
4 675
Belt adjustment question
googus
11-05-2014 06:43 AM
11-10-2014 01:38 PM
by Steve
5 574
Podcast
Shark1611
11-07-2014 05:42 PM
11-10-2014 11:41 AM
by Steve
1 373
hi, from Minnesota
rjklohn
11-07-2014 02:21 AM
11-07-2014 01:44 PM
by Steve
1 393
New to snow plowing
SS.Lawncare
11-05-2014 04:00 PM
11-07-2014 01:21 PM
by Steve
6 656
New Member
tonyap
11-05-2014 10:35 PM
11-07-2014 01:15 PM
by Steve
1 433
New to the business
jcurr33
11-05-2014 03:21 PM
11-07-2014 01:11 PM
by Steve
1 491
Lines
Matther777
11-04-2014 02:19 PM
11-07-2014 12:54 PM
by Steve
1 531
» Popular Tags
2wd 4x4 apartment complex auger bark bob villa care charge collections commercial decorating demonstration edging employee problems exmark ferris four wheel drive gopherhaul grass gravely hardscapes hills hiring how much to charge how to jobs john deere quik trac kawasaki labor cost 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 lighting managing a lawn care business mr dave mulch mulch estimate new buisness past due patio install per hour service podcast pto push versus ride redmax scripts seo shell snow sprayer starting a business starting a lawn care business steve sulky theft toro toro grand stand trailer mate pro tree turfgrass consulting up sell employee
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 05:23 AM.


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

All times are GMT -5. The time now is 05:23 AM.

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