I have the same trouble he talked about. Billing and collecting payment and watching the money has been a bit difficult but finding work and pricing it right has been spot on and many times I get jobs I’ve overcharged so I actually lower the price when the job is done because it took me a lot less and clients appreciate it.
I love Ballard-inc. products!! The ease of the website, the customer service, the logistics are Top Shelf. I use as many Ballard-inc. products in my small mowing company as I can, and my work is better because of them. 😎Nice interview
I think the trick was to build your company a long time ago when wages supported owning property and real estate. I know my prices are competitive in my area and profit margins are just not that good. Not to mention inflation this year alone has increased about 30 percent. I know for a fact I can’t raise my rates 30 percent.
I still have lawns for $30 and yes I feel like I have a job not a company. My market is so cheap and people don’t want to pay anymore than $30-$35. Idk what to do
People are still paying 30 and 35 because you are still out there charging 30 and 35. If nobody would charge 30 and 35 then people wouldn't be able to pay it. Raise your prices and help yourself and everyone else.
You can’t buy a second truck and keep it running full time. You need the work first but you can’t get the work until you have the equipment and crew. You literally can’t grow unless you can get loans from the bank. One nan can’t work enough hours to establish the work load for two men. 2 men can’t work the hours to establish the work fir 4 men etc etc…. It feels like an impossible situation 🤷🏼♂️
Run a 2 man crew and build them to capacity ($1,000ish/month working 40hrs/week) and then then split them into two trucks running solo when you can afford another truck. Now you’ve got room to grow and can hire and run 2 man crews in 2 trucks. That’s the smoothest way that I’ve seen.
@@kingco.lawncare1928 the math just doesn’t add up having the debt for a entire truck and pay the employee. I’d be running that truck out of the goodness of my heart, not to make money. I actually just opened a new company that probably won’t have such low wages. If every lawn customer I have won’t pay me a substantial amount more next year, I’ll probably close the lawn business. My new business should bill out the same hourly rate but with 25% of the expenses. Hell with petroleum products, they are putting my profits in danger
To answer the question- start 30+ years ago when wages were 4-5$ an hour, fuel was cheap, and you could actually make some money cutting grass AND grow your business > today, 4$+ a gallon gas, saturated market filled with 30-35$ cuts and illegal immigrants demanding 18-25$ an hour. Yay.