how to make money growing your business
DESCRIPTION
Many lawn care business owners are working hard and gaining clients, but they are not making any more money. Let us explain what the most common problem is and how to solve it.TRANSCRIPT
How to (Actually) Make Money As
Your Business Grows
How to (Actually) Make Money As
Your Business Grows
More help available from Lawn Care Millionaire.
Are you not making enough money from your
growing lawn care & landscape business?
Are you gaining business, but your margins
aren’t any bigger?
It’s a vicious cycle.
It’s a vicious cycle.
It’s frustrating and exhausting.
And it usually comes down to one problem:
UNDERPRICING
UNDERPRICINGIt weighs down
your profits.It’ll cost you clients.
It’s a crucial mistake.
It’s a crucial mistake.
(To see more on how underpricing hurts you
and your clients, click here.)
Here’s How to Fix it.
Here’s How to Fix it.
Starting out, you offer lower prices.
This wins you contracts.
It’s just you and maybe one other worker.
So your profits per hour are good.
But here’s the problem:
As you grow, you take on additional costs.
You’ll need more workers,
more equipment, more insurance…
You’ll need more workers,
more equipment, more insurance…
(Wondering when and how to hire more workers? Click here.)
One of two things will happen:
One of two things will happen:
1. Your profit margin will shrink. You’ll work
more and make less money.
Or:
2. You’ll raise your prices, which will cost
you contracts.
Clients you won by underpricing will be
unhappy with suddenly paying more.
And there’s your vicious cycle.
The Solution:
The Solution:Set your prices
correctly from the beginning.
Set prices as if you already have the
additional costs that will come with growth.
You will make more money in the beginning.
So save that early income to support your company’s
growth.
So save that early income to support your company’s
growth.
Click here to see how time-saving technology can give you an edge on your competition.
These more accurate prices will
be sustainable.
Your costs will increase, but you’ll be able to keep the same pricing model.
This will keep your clients happy, and
your profit margins thick.
This way, as your company grows,
This way, as your company grows,
you’ll actually make more money.
Click here for more on how to become
A Lawn Care Millionaire.