Budgeting and Management Tips for Uncertain Times
Contractors with a good financial plan complete with marketing, training and investment earmarks will remain in a position to steal market share this year.
Whether you're talking about mowers, trimmers, skid steers or what have you, it's important to manage each piece of equipment individually so repair bills and downtime aren't hindering your ability to generate revenue and hit your profit goals. Additionally, with some of the financing programs available today, it could be a lot less expensive to simply buy new equipment than to keep sticking money into repairs month after month.
An emerging trend is for contractors to streamline their fleets so crews are operating the same equipment as much as possible. This makes equipment maintenance, vendor management and employee training much easier—potentially helping you to save thousands of dollars per year.
Another emerging trend is the gravitation toward more productive equipment. For example, switching from 52- to 72-inch mowers, when practical, could help you reduce man-hours by roughly 70% in some instances.
The Think Tank
- Dean DeSantis of DeSantis Landscapes in Portland, OR
- Dennis Bariball of Hemlock Landscapes in Chagrin Falls, OH
- Derek Gracely of Capstone Landscape Management in Greenville, SC
- Russ Marsan of Carpenter & Costin in Rutland, VT
- Wes Ory of Heritage Lawns in Kansas City, MO
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