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.

Passing the business on to children


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #1  
Old 10-24-2007, 03:52 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,948
Rep Power: 10
Steve has disabled reputation
Default

Do you ever wonder if you would like to pass your business on to your children?

What's your view on this?

The lessons of succession - After spending more than 30 years building Wright Lawn Care and Landscaping Services Ltd., John and Ruth Wright were trying to wind down.

The year was 2000. The Bloomingdale business, which employs 25 people in the peak season, had been put up for sale. The Wrights had cut down on expenditures and paid down debt, aiming toward retirement.

But despite "a few nibbles," a buyer never materialized and John began to wonder if the couple's retirement dream would happen.

Then, out of the blue, the Wrights got a call in 2001 from their son, Dave, a landscape designer in Vancouver.


__________________
- 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

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 10-24-2007, 08:52 PM
Little's's Avatar
Little's Little's is offline
Brandon
 
Join Date: Jun 2007
Location: Shasta Lake CA.
Posts: 814
Rep Power: 9
Little's is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
I have 3 kids, so I have a good chance of passing it on. maybe it will be a bit bigger by then too. I have kept it fairly small until I figure out exactly which direction I want to take it. Hopefully one or all of them will take an interest in running it when Im to old and wobbly!
__________________
Northern California
Reply With Quote
  #3  
Old 10-24-2007, 09:06 PM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,948
Rep Power: 10
Steve has disabled reputation
Default

How do you suggest people introduce their children into the business when are they old enough to take part?
__________________
- 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
  #4  
Old 10-25-2007, 12:00 AM
pmblair
Guest
 
Posts: n/a
Default

I think my oldest son (he's 11 right now) will want to join the business when he can... and most likely want to take it over when I'm old and gray... He's already talking about when he works for us... lol

The one thing I would say is that I will make sure he takes a couple of business courses and some horticulture classes as well... it'll strengthen his grip on the business.
Reply With Quote
  #5  
Old 10-29-2007, 10:41 PM
Angelik99
Guest
 
Posts: n/a
Default

For me, my dad started when I was 11 or 12, so I was always around it, he got me passing out flyers when I was that young, me and my friends would be out roaming the neighborhood anyway. We thought it was fun.

Then eventually I wanted my own money but was too young to actually get a job, so he let me go to work with him a few times.

He took me to events/expos where you could try out the new equiptment. He was always excited about it all.

So years later I found myself down on luck with getting a job, and even if I did I'd be working at least 50 hours a week plus drive time, so no time for the kids, so it just made sense for me to follow into what I already know.

So if you want to pass it on, just keep the kids involved.
Reply With Quote
  #6  
Old 10-30-2007, 05:46 AM
Steve's Avatar
Steve Steve is offline
Administrator
 
Join Date: May 2003
Posts: 37,948
Rep Power: 10
Steve has disabled reputation
Default

That's a great post! If you can take a moment to reflect on your experiences, do you have any suggestions as to what you wish you would have gotten more or less from your dad when it comes to business?

Would you have liked more business advice or less?

What kind of help could you have used more of and what could you have used less of?
__________________
- 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
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

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Firefighter gone Lawn...
Firehouselawn@hotmail.com
03-10-2016 04:50 PM
Yesterday 08:17 PM
by J.A.S.LawnService
7 9,651
help with sole...
greenbuds
03-24-2016 12:21 PM
Yesterday 12:20 PM
by Wolf4dk
3 9,398
Whats up??
Cpadgett
Yesterday 10:57 AM
Yesterday 10:57 AM
by Cpadgett
0 17
To mow weekly or Biweekly
WarriorLandscapingCAN
05-11-2016 04:09 PM
05-26-2016 04:45 PM
by lawngawd7
9 312
Help a Brother Out -...
Hedgemaster
01-23-2012 04:19 PM
05-26-2016 04:34 PM
by Crossett73
91 33,687
Hello from Alabama
pruzilla
05-25-2016 01:20 PM
05-26-2016 08:14 AM
by pruzilla
2 52
Hello from Centreville!
Daveylawns
05-23-2016 09:04 AM
05-24-2016 04:08 PM
by Steve
1 72
Laying new grass, Sod...
WarriorLandscapingCAN
05-23-2016 10:07 AM
05-23-2016 08:41 PM
by Steve
1 58
I need some aeration...
rootytalbot
08-14-2015 12:32 PM
05-23-2016 09:06 AM
by Daveylawns
10 3,775
Prolin
rmccutchan
05-21-2016 04:53 PM
05-21-2016 06:36 PM
by rmccutchan
2 76
Upgraded to a new mower
Stevenor92
05-17-2016 08:17 PM
05-20-2016 07:08 PM
by Stevenor92
8 204
Intro
LaraRahmani
05-18-2016 02:54 PM
05-19-2016 02:43 PM
by Steve
2 112
Best Push Mower You Have...
markty
05-14-2016 03:46 PM
05-18-2016 07:34 PM
by Stevenor92
4 185
New mower!!!!
Stevenor92
05-18-2016 03:46 AM
05-18-2016 06:39 PM
by Stevenor92
2 116
Say Hello !!!
Steve
03-19-2007 11:18 AM
05-18-2016 02:59 PM
by LaraRahmani
1,249 434,810
Stupid idea?
hopolb33
05-13-2016 11:25 AM
05-16-2016 11:22 AM
by Steve
1 160
Planting SKYBOUND CEDARS
FrankieeLawnz
05-13-2016 03:59 PM
05-16-2016 11:21 AM
by Steve
1 140
Edging Fad...
Tree geek
05-10-2016 11:29 PM
05-15-2016 11:12 PM
by Tree geek
2 189
Business Overload
Chilehead
05-06-2016 09:27 PM
05-13-2016 11:15 AM
by Steve
11 391
Hello from great state...
Cel1980
05-11-2016 09:00 AM
05-13-2016 11:07 AM
by Steve
2 160
Did this job free to...
JJand M Lawncare
05-02-2016 02:33 PM
05-11-2016 03:54 PM
by JJand M Lawncare
10 432
How to tell Cust. to...
GeeGood
04-09-2008 09:55 PM
05-09-2016 07:08 PM
by JJand M Lawncare
16 5,522
Echo SRM 230 trouble.
Jack Rabbit
05-08-2016 06:16 PM
05-08-2016 11:22 PM
by Just for Cuts
1 152
Toro ZTR Issues
rsanchez1203
05-06-2016 09:27 PM
05-07-2016 10:26 AM
by Steve
2 179
Correct way to quote a...
WarriorLandscapingCAN
05-02-2016 11:52 AM
05-03-2016 10:59 AM
by Steve
1 296
» Popular Tags
advertising become an entrepreneur best mower be your own boss break business education business help business management contractor hacks deck lift dethatcher edging entrepreneur entrepreneur education estimates free lawn care fuel problems fuel pump half moon blade hydro increase customers jjandm lawncare landscape landscape design landscaping landscaping design company landscaping richmond va landscping lawncare lawn mowing lawnservice lowering grade marketing mulch new business planting plowing raising grade residential lawn care richmond va richmond virginia lawn care roundup safety scag snowblower snow plowing snow shovel solo solo backpack sprayer start a business start a lawn care business start business start up swzt toro timecutter tree tree pics tree service video walk behind what to charge work from home
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 06:08 AM.


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

All times are GMT -5. The time now is 06:08 AM.

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