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 > Lawn Care, Landscaping, and Property Management Forums > General Talk

General Talk If it doesn't fit anywhere else, post it here.

What is your profit margin?


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #21  
Old 12-20-2007, 02:48 PM
pmblair
Guest
 
Posts: n/a
Default

No, Tim... not windy... informative... I love reading your posts... I always learn something new!
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


  #22  
Old 12-20-2007, 04:47 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,850
Rep Power: 10
Steve has disabled reputation
Default

Lawn care business tipsLawn Care Business Book
I guess another big part of this discussion is about keeping your expenses low.

How big of a deal do you find this to be?

How important is keeping your expenses low vs showing off to everyone that you seem to be going great guns?
__________________
- 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
  #23  
Old 12-20-2007, 11:10 PM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 32
Posts: 558
Rep Power: 8
FourSeasons
Default

Quote:
Originally Posted by [b
Quote[/b] ]I guess another big part of this discussion is about keeping your expenses low.

How big of a deal do you find this to be?

How important is keeping your expenses low vs showing off to everyone that you seem to be going great guns?
I think when you are a newe business owner all expenses need to be kept low as possible. I don't pay on any of my epuipment. I don't have all brand new stuff but I don't need all brand new expensive stuff yet.

I used to get emabarrased in my little s-10 but I could care less now. It does the job and brings in good money. I'll buy a new truck in a couple months cash. Nothing fancy just what I need.
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #24  
Old 12-21-2007, 03:06 AM
realhuntin
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by [b
Quote[/b] (Team Gopher @ Dec. 20 2007,4:47)]I guess another big part of this discussion is about keeping your expenses low.

How big of a deal do you find this to be?

How important is keeping your expenses low vs showing off to everyone that you seem to be going great guns?
That is the hardest part of the whole thing steve, keeping your expenses low, your just starting and there is alot of upfront cost that you will never recover, so the first year or two you may not show much of a profit but you made it throught the tough times so this is a big deal to everyone just starting. If the average man/woman goes out and starts a company he/she is doing it on a shoe string budget. So keep cell bills down to minium and schedule your jobs in low milage routes even if you have to move a mowing day on someone.

and yes there is always going to be the Nickle Millionaire at any business and they never last, and if they do its a bigger suprise to them than to anyone else. EVERYONE goes throught the feast and famon thing I did I have and I know what it is like to have little to no money to even go to the grocery and buy food. but determination had paid off form me. I sold my security business to Honeywell and retired to this. I really wish I would have done this type of work 20 years ago.
Reply With Quote
  #25  
Old 12-21-2007, 06:13 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,850
Rep Power: 10
Steve has disabled reputation
Default

Very interesting insight!

It seems to me, it's the expenses that is the bigger trap than anything else.

It seems we all want to look good, not just entrepreneurs but everyone in society. We all want to project the image that we are on the top of our game.

Rob you brought up a very interesting point that I wanted to explore more.

Quote:
Originally Posted by [b
Quote[/b] ]I used to get emabarrased in my little s-10 but I could care less now. It does the job and brings in good money. I'll buy a new truck in a couple months cash. Nothing fancy just what I need.
Can you explain this a little more because I bet a lot of people reading this can relate to you. Why were you embarrassed by your truck? Who did you feel embarrassed by? Customers? Other Lawn Care Operators or just everyone and anyone?
__________________
- 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
  #26  
Old 12-21-2007, 08:51 AM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 32
Posts: 558
Rep Power: 8
FourSeasons
Default

Quote:
Originally Posted by [b
Quote[/b] ]Can you explain this a little more because I bet a lot of people reading this can relate to you. Why were you embarrassed by your truck? Who did you feel embarrassed by? Customers? Other Lawn Care Operators or just everyone and anyone?
Well when I first started out I didn't really have any money. I bought it from my neighbor for $250 and put a new transmission in it myself for another $250 just to get started. I felt kind of embarassed by customers when I showed up to do work because I wasnt in any type of company looking truck. And also when I was driving around from job to job passing other lcos in a little s-10.
One time their was 4 guys (lcos) in a nice brand new chevy and we were at a stop light. I looked over and the 2 in the back (same age as me) were looking at my truck and laughing. But this is after months of being in business so I didn't really care. Because what it took them a month to make working for that other lco I made in a week easily. Of course thats during the busy time of the year.

Anyways I learned that people want to see quality work. They don't really care what your driving. But I think it might show that you have been in business longer or are more professional with at least a okay looking truck. I think it also gives off a better image to your customers. When you can upgrade then it doesn't look like they might not ever see you again. Maybe kinda shady.
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #27  
Old 12-21-2007, 09:38 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,850
Rep Power: 10
Steve has disabled reputation
Default

Rob I applaud you for sharing this insight with all of us.

I want to point a few things out to you.

Quote:
Originally Posted by [b
Quote[/b] ]One time their was 4 guys (lcos) in a nice brand new chevy and we were at a stop light. I looked over and the 2 in the back (same age as me) were looking at my truck and laughing.
As far as this specific situation goes. The 2 guys in the back were laughing? I am guessing that they were sitting in the back because they weren't owners. They were laughing because you are a shinning example right in their face that you are in the drivers seat and you are making it happen without having to go into debt to buy a brand new truck. They use all these excuses to allow themselves to stay as employees and they fear venturing off to do what you are doing now. They laugh because it makes them uncomfortable that you called them out on their excuses. It's nervous laughter. Let them laugh. You are a success in my book.

Now for more stories.

Have you ever heard of Henry Ross Perot?

Henry Ross Perot - Net Worth: $4.2 billion
Source: Investments, computer services, real estate
Self made

Age: 75
Marital Status: Married, 5 children
Hometown: Dallas, TX
Education: US Naval Academy, Bachelor of Arts / Science

Former IBM salesman founded Electronic Data Systems 1962, sold to General Motors for $2.5 billion in 1984. Founded rival information services firm Perot Systems in 1988. Stepped down for politics in 1992, making 2 unsuccessful bids for presidency; warned of job losses from free trade agreements. Since then Perot Systems set up subsidiaries in India. Chairman emeritus spends time supporting military veterans. Son Ross Perot Jr. stepped down from top spot at dad's company last year, still heads Dallas real estate firm Hillwood Development. Money management firm Perot Investments lead investor in new intellectual-property fund.


When Ross Perot ran for president in 1992 it was revealed that he still drove a 1983 Chevy Nova.

Now think about that. This guy is a billionaire!

When you take a moment to reflect on it, you can see how he became a billionaire. He knew where to spend his money and where not to. He was thrifty.




Now let's move on to another billionaire Sam Walton.

This is Sam's actual truck! See more of it here.


Sam Walton - Despite having billions, Walton still drove a pickup truck and wore clothes from his own discount store, Wal-Mart.





Ingvar Kamprad - KEA founder Ingvar Kamprad, ranked 4th richest man in the world, drives a 15-year-old car and always flies economy class, in part to inspire his 90,000 employees worldwide to see the virtue of frugality.

Here is his actual car!
I am attaching the picture its a white volvo.

Net Worth: $28 billion
Vehicles Owned: 1993 Volvo 240 GL




Now how does this effect your view on what you drive?
__________________
- 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
  #28  
Old 12-21-2007, 11:32 PM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 32
Posts: 558
Rep Power: 8
FourSeasons
Default

How does it go -
Those who are busy trying to look rich are actually broke
Those who look broke - are broke
And the rich look like everyday people

I think this is true most of the time.

All the time when I'm driving thru these nice neighborhoods with the huge houses, boats, nice cars, I think wow nice stuff but I bet they don't own any of it. I wonder how much they are in debt.
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #29  
Old 12-22-2007, 08:50 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,850
Rep Power: 10
Steve has disabled reputation
Default

Quote:
Originally Posted by [b
Quote[/b] ]I wonder how much they are in debt.
There is a huge amount of debt going on now in our society. You are going to see a lot of fall out from it as well.

Keep all this in mind when you consider taking on debt yourself. Don't try to impress anyone. Do what's best for you and your business.
__________________
- 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
  #30  
Old 12-22-2007, 02:25 PM
realhuntin
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by [b
Quote[/b] (FourSeasons @ Dec. 21 2007,11:32)]All the time when I'm driving thru these nice neighborhoods with the huge houses, boats, nice cars, I think wow nice stuff but I bet they don't own any of it. I wonder how much they are in debt.
Probably up to their EYE-BALLS cus the bank owns their other balls or at least one of them anyway. Your right on the money with the old saying:
Those who are busy trying to look rich are actually broke
Those who look broke - are broke
And the rich look like everyday people
Reply With Quote
Reply

Bookmarks

Tags
operating expense, profit margin

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

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Greetings from above! (...
Hard-Body lawn & garden
Today 05:29 PM
Today 05:29 PM
by Hard-Body lawn & garden
0 23
Fencing help
Knaubone
Today 02:36 PM
Today 02:36 PM
by Knaubone
0 25
Just Quit?
ringahding1
Yesterday 06:23 AM
Today 08:50 AM
by rmccutchan
9 203
Landscapers from hell!!
Chilehead
01-29-2015 03:55 PM
Today 08:17 AM
by jrs.landscaping
4 145
French gardener owner's...
didgreen
Yesterday 09:10 AM
Today 02:25 AM
by didgreen
3 104
Thanks for all the posts
WheatGrass
Yesterday 06:38 AM
Today 01:29 AM
by WheatGrass
2 97
hows it going.
uppercut
Yesterday 05:01 AM
Yesterday 11:16 PM
by uppercut
3 103
viking cyclon.
uppercut
01-29-2015 09:12 PM
Yesterday 11:11 PM
by uppercut
2 88
These are the days on...
ExtremeLawncareServices
01-11-2015 11:41 AM
Yesterday 10:26 PM
by ExtremeLawncareServices
15 885
adding something new...
veteranslawncaresystems
01-28-2015 12:13 AM
Yesterday 09:15 PM
by veteranslawncaresystems
6 210
Crunch time 2015!
Chilehead
01-29-2015 08:57 PM
Yesterday 07:51 PM
by Chilehead
2 109
Government contracts
avetslawncare
11-15-2014 08:50 AM
Yesterday 07:46 PM
by Chilehead
11 913
Lost my @#$ blower
stevef1201
01-11-2015 08:31 AM
Yesterday 04:47 PM
by Just for Cuts
3 485
whats this briggs?
uppercut
Yesterday 12:40 AM
Yesterday 02:49 PM
by Steve
1 73
Say Hello !!!
Steve
03-19-2007 12:18 PM
Yesterday 02:36 PM
by Hard-Body lawn & garden
1,202 364,006
Lawn Mowing -...
ringahding1
Yesterday 07:05 AM
Yesterday 07:05 AM
by ringahding1
0 49
TaskEasy & Plowz & Mowz...
jrwalker333
01-25-2015 01:02 PM
01-29-2015 08:14 PM
by lxarth
8 297
Contact last years...
googus
01-28-2015 09:13 AM
01-29-2015 02:29 PM
by Steve
6 267
Looking for advice on...
berryjam
01-21-2015 07:37 PM
01-29-2015 02:21 PM
by Steve
15 517
New to the forum
LCRobert
01-26-2015 10:21 PM
01-29-2015 09:11 AM
by ringahding1
7 244
What happened to Better...
Steve
01-27-2014 04:07 PM
01-28-2015 12:26 PM
by Steve
21 3,239
Lawn care truck
Steve
10-10-2009 03:40 AM
01-28-2015 12:23 PM
by Steve
44 16,134
Bidding to get other work
Rodriguez11
07-21-2011 11:52 PM
01-28-2015 12:08 PM
by Steve
29 9,507
How many contracts...
5StarLawnscaping
01-12-2015 03:51 PM
01-28-2015 11:04 AM
by ExtremeLawncareServices
10 644
"Part Timers", "Low...
doug1980
06-10-2009 12:55 PM
01-27-2015 09:01 PM
by jrs.landscaping
43 10,416
Is anyone doing mosquito...
BWild
01-27-2015 12:30 PM
01-27-2015 07:24 PM
by avetslawncare
4 177
New to group
ron@alpine
01-27-2015 08:45 AM
01-27-2015 01:29 PM
by Steve
1 145
please Help with none...
Lawnboyman1170
01-09-2015 09:46 AM
01-27-2015 01:27 PM
by Steve
13 834
does this sound good or...
Bradcook21
01-22-2015 09:24 AM
01-27-2015 07:42 AM
by ringahding1
9 375
second year advise
cmdlawncare
01-23-2015 06:22 PM
01-27-2015 07:31 AM
by ringahding1
6 316
need advise
rawssrob
02-23-2010 02:45 PM
01-23-2015 06:40 PM
by cmdlawncare
7 2,658
New to forum
ROB N
01-23-2015 08:35 AM
01-23-2015 01:53 PM
by Steve
1 204
Extending the life of...
rmccutchan
01-17-2015 12:37 AM
01-23-2015 01:43 PM
by Steve
8 449
osceola lawn service
jasa@wildblue.net
01-22-2015 03:23 PM
01-23-2015 01:38 PM
by Steve
1 212
Tax Question
Wolf4dk
01-20-2015 01:11 AM
01-22-2015 02:28 PM
by Steve
4 356
Billy Goat Vac
Mr. Mow
01-19-2015 07:42 AM
01-22-2015 02:18 PM
by Steve
6 344
Property Pricing
GVL
01-19-2015 02:46 PM
01-21-2015 02:18 PM
by Steve
5 399
Landscapers Source For...
breadcrumb
01-16-2015 02:44 PM
01-21-2015 05:55 AM
by breadcrumb
14 571
Hoa advice
Bradcook21
01-16-2015 09:36 PM
01-20-2015 04:30 PM
by Steve
4 390
My Invention
biglee
01-11-2015 07:51 PM
01-20-2015 10:16 AM
by biglee
16 721
How to beat the pre pay...
stansg1fresh
01-13-2015 04:33 PM
01-19-2015 03:38 PM
by ringahding1
3 458
Hello from Md
homey
12-17-2014 06:55 PM
01-19-2015 01:37 PM
by Steve
12 1,277
Hi from Illinois
burtle
01-02-2015 09:46 PM
01-19-2015 01:22 PM
by Steve
3 624
Hello from SW FL!!
5StarLawnscaping
12-05-2014 02:35 PM
01-19-2015 01:20 PM
by Steve
14 1,572
Another Illinoisan.....
barhopper
01-11-2015 05:38 PM
01-16-2015 04:29 PM
by Steve
10 543
marketing with pizza...
apmAkron
01-15-2015 09:57 AM
01-15-2015 06:29 PM
by Steve
4 355
CRM and Quickbooks?
5StarLawnscaping
01-15-2015 08:06 AM
01-15-2015 08:06 AM
by 5StarLawnscaping
0 281
New Member, Indiana Iraq...
Timbo
07-14-2011 09:44 AM
01-14-2015 06:14 PM
by Steve
10 3,868
check this box truck out!
BLAZIER-1991
01-07-2015 07:40 PM
01-13-2015 03:06 PM
by biglee
8 752
My community only ad...
googus
01-12-2015 09:55 AM
01-13-2015 02:44 PM
by Steve
5 449
» Popular Tags
4wd 4x4 aerocore apartment bid apartment complex applying auger bark billy goat brushcutter blades bush collections deliquentaccounts ditches employee problems equipment rental estimate ferris first truck flyers foreman four wheel drive google gopherhaul grass growing a lawn care business hiring husqvarna introduction jobs john deere quik trac landscape services lawn lawn care 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 marketing mr dave mulch per hour charge per hour service podcast pricing pto push versus ride reo running a business seo shell small engine repair snow plowing square foot starting a lawn care business steep lawns steve sulky theft toro grand stand trailer tree trimmer rack up sell employee walk behind
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 10:39 PM.


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

All times are GMT -5. The time now is 10:39 PM.

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