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.

Are you concerned about a recession?


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #1  
Old 11-10-2007, 05:48 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 38,067
Rep Power: 10
Steve has disabled reputation
Default

It seems like the stock market has been on a roller coaster lately dealing with a bunch of issues. Access to credit, the housing market crash and skyrocketing oil prices.

Are you concerned our economy is headed towards a recession? If we do hit one, how do you feel you will be effected by it?

Dow drops over 200 points - Stocks fell sharply Friday, with the Dow ending over 200 points lower, as mortgage-induced losses at Wachovia and Fannie Mae riled traders already nervous that the woes could spread to the wider economy.

Those negatives include the triple threat of restricted access to credit, a downturn in the housing sector and near record oil prices, said Young.

"People are more and more worried about recession," he said.
__________________
- 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 11-10-2007, 06:20 PM
Little's's Avatar
Little's Little's is offline
Brandon
 
Join Date: Jun 2007
Location: Shasta Lake CA.
Posts: 814
Rep Power: 10
Little's is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
A little concerned, but at the same time, I own my home, and made more money this month than any other month in my life. So, it isnt affecting me too much.
__________________
Northern California
Reply With Quote
  #3  
Old 11-11-2007, 07:41 AM
S.P.Martin Lawn Care
Guest
 
Posts: n/a
Default

I don't have a whole bunch of money tied up in the stock market so what happens there has no big direct impact on me.

The biggest issue we are facing in our industry is the cost of fuel for our equipment. If the cost of gasoline and diesel keeps goes up the way it is, we can probably expect $4+ per gallon before too long across the country. I see places in CA are already at $5 per gallon. I'm going to rewrite my contracts to include fuel surcharges triggered by pump prices in order to keep that end of the overhead in check.

As for the credit crunch, those of us with solid established credit will be just fine. Its the secondary market with its higher rates that is suffering because of those folks with lower credit scores and subsequent higher risks of default.

Another area that may affect us is the financial health of the equipment dealers we do business with. Alot of them use the secondary market to sell us stuff. We could be facing some difficulties in obtaining needed parts and repairs if the dealers are on the brink. Expect them to raise prices as well.
Reply With Quote
  #4  
Old 11-11-2007, 12:00 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 38,067
Rep Power: 10
Steve has disabled reputation
Default

Quote:
Originally Posted by [b
Quote[/b] ]made more money this month than any other month in my life.
What would you contribute that success too? Do you have any advice from reflecting on 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
  #5  
Old 11-11-2007, 03:26 PM
pnplawn
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by [b
Quote[/b] (S.P.Martin Lawn Care @ Nov. 11 2007,8:41)]I don't have a whole bunch of money tied up in the stock market so what happens there has no big direct impact on me.
This will affect everyone. If criss keep sup with the stockmarket 'WE" all will feel the affect from it.
Reply With Quote
  #6  
Old 11-12-2007, 07:02 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 38,067
Rep Power: 10
Steve has disabled reputation
Default

I do worry about if we see a bigger credit crunch and see more homes foreclosed on, this could have a negative effect on this industry.
__________________
- 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
  #7  
Old 11-12-2007, 08:58 PM
Guest
 
Posts: n/a
Default

I have had alot of my high end residential customers cutting back on the extras, I have also had a harder time collecting money. The slow down in building does effect the new landscape jobs hydroseeding and irrigation installs. As far as financials I do have some money in the market in stocks and mutual funds, I dont plan on retiring soon so i dont sweat it. I own everything except for my new truck and home but have a small morgage. As far as fuel I put in my contract this year that the price is good till $3.00 per gallon then a fuel scharge would be assessed and customer would be notified if it would exceed $3.00. Customers wont drop you mid season over a fuel surcharge.
Reply With Quote
  #8  
Old 11-12-2007, 08:59 PM
Guest
 
Posts: n/a
Default

you have to tell me how to change the pic Lol
Reply With Quote
  #9  
Old 11-13-2007, 08:07 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 38,067
Rep Power: 10
Steve has disabled reputation
Default

Quote:
Originally Posted by [b
Quote[/b] ]you have to tell me how to change the pic Lol
Do you mean the one on the left? It changes depending on your post count. You can also add any avatar image you want. Near the top of the forum there is a section called "Your control panel" and you can add it there.
__________________
- 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
What were your top...
WarriorLandscapingCAN
09-13-2016 05:10 PM
Today 11:49 AM
by AKDave
6 512
Define Successful
Fireman Gus
05-10-2012 05:12 PM
Today 11:39 AM
by AKDave
12 5,513
Any successful one man...
WarriorLandscapingCAN
09-26-2016 06:04 AM
Today 11:22 AM
by AKDave
5 212
Say Hello !!!
Steve
03-19-2007 11:18 AM
Yesterday 01:01 AM
by myrlage
1,256 444,081
A quick Intro
BLE
08-14-2016 05:17 PM
Yesterday 12:53 AM
by myrlage
3 1,286
Enter to win Free...
arthur712
09-25-2016 11:28 AM
09-26-2016 05:41 PM
by Steve
1 183
I have a new show!
Chilehead
09-19-2016 06:50 PM
09-23-2016 05:45 AM
by Chilehead
7 267
First commercial estimate
WarriorLandscapingCAN
09-19-2016 12:42 PM
09-22-2016 05:42 PM
by acrajchel
7 278
Larger projects - Labor...
WarriorLandscapingCAN
09-18-2016 07:38 AM
09-21-2016 06:51 AM
by Chilehead
5 289
I need some business...
Firehouselawn@hotmail.com
07-06-2016 05:42 AM
09-16-2016 01:50 PM
by DLC123
5 761
Is it too late?
Cpadgett
05-28-2016 09:10 AM
09-16-2016 01:35 PM
by DLC123
15 1,467
Not a newbie just...
lwlawn
09-09-2016 02:32 PM
09-16-2016 01:25 PM
by DLC123
2 635
I'm making stupid money...
WarriorLandscapingCAN
08-07-2016 07:07 PM
09-16-2016 01:15 PM
by DLC123
6 1,537
Lawn problem
magiccc
09-14-2016 11:37 AM
09-15-2016 06:14 AM
by Chilehead
2 421
What kind of seed do you...
Bradcook21
09-02-2016 02:58 PM
09-12-2016 07:18 AM
by joshp
4 1,059
Commercial Flail Mower...
Chickenthief
09-05-2016 04:46 PM
09-09-2016 04:50 PM
by Steve
7 911
Newbie here
paulgrant
09-07-2016 04:52 PM
09-09-2016 12:01 AM
by paulgrant
2 753
Hello, New Member Here,...
Chickenthief
09-05-2016 06:19 PM
09-08-2016 09:35 PM
by Chickenthief
6 878
Pricing fall cleanups?
WarriorLandscapingCAN
09-06-2016 11:17 AM
09-07-2016 04:06 PM
by Steve
3 845
My Invention
biglee
01-11-2015 06:51 PM
08-31-2016 02:47 PM
by Steve
21 3,414
» Popular Tags
annual apartment become an entrepreneur best mower be your own boss bidding business business education business help business management complex contractor hacks contracts convention converting customer dethatcher edging entrepreneur entrepreneur education estimate estimates fuel problems fuel pump half moon blade intro introduction jjandm lawncare l.t.rich landscape landscape design landscaping landscaping design company landscaping richmond va landscping lawn lawncare lawnservice lowering grade marketing mulch planting raising grade residential lawn care richmond va richmond virginia lawn care seasonal snowblower snow plowing snow shovel sprayer start a business start a lawn care business start business start up toro timecutter townhome tree tree service video web design websites what to charge work from home z-max z-spray
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 12:46 PM.


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

All times are GMT -5. The time now is 12:46 PM.

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