Sticker SHOCK! 😲
I have been doing my office's annual purge and came across some old invoices from the earliest power equipment my business purchased. Believe it or not, some of the equipment I use has doubled in price for the replacement model at today's cost. Since it is our responsibility as owners to be profitable enough to replace/repair equipment as needed, I find myself adjusting my equipment cost recovery number upward almost monthly in my budget. How often are you adjusting your cost recovery upward to adjust for the ongoing inflation?Do you utilize battery-powered tools?
Handheld battery-powered tools have come a long way from their first iterations, especially over the past few years. I've started making the switch away from gas-powered equipment throughout the last few seasons for my business and have found the switch to be positive for my workflow and bottom line. This is a trend I believe will continue as batteries become more powerful and long-lasting. Are you utilizing any battery-powered equipment and, if so, do you have any favorites you'd like to share??
Landscape Maintenance Business - Considering Restructuring Production Crews
When I first started in the landscaping business in 2015 I started running 2 person production crews that would do basic bed maintenance and mulching which is the core of business. I then for some reason or another we started running 3 person production teams likely in 2017 and have every since. Taking a long look at our payroll numbers annually and just efficiency I think it would be best to move back to a 2 person crews as we go out with a dump truck equipped with a dump trailer and walk behind skid steer so our equipment makes us more efficient to go back to a 2 person crew. How many team members are on your landscape maintenance crews? How many team members are on your landscape installation crews?Landscape/Snow&Ice Biz Insurance
So are using Michigan Miller insurance as we have for several years now to cover our liability, auto and workers comp insurance here in western ny. We are a 1.5 million in sales company and previously had another insurance that offered apples to apples coverage for over 65% more in cost. I feel that this a cost that is out of control in our business we have around 440k in payroll and 1.5 million in sale but between all three coverage areas in our business insurance is 50-60k. I just think its outragous but we are do snow plowing. Who is everyone else using in a similar service situtation more importantly snow plow insurance and what are you paying.
