GopherHaul 24- Lawn Care Software Business Entrepreneur Show
GopherHaul 24- Lawn Care Software Business Entrepreneur Show Business Question: A member of our Gopher Lawn Care Business Forum, Michelle asked about buying a lawn care business. How much should she be paying? In response a member wrote: “General rule of thumb for buying customers is that they are worth about 1 month revenue. If they are commercial you’ll pay a little more and if there is a signed multi-year agreement in place ( which you said there is ) then this will push the price up too. So it could be worth as much as 2 or 3 months revenue depending on the situation.” Mike then joined the discussion and talked about how many customers would stay with him after he bought their accounts. “I did lose a few here and there, but I only paid 2.5 times the mowing price, and usually got at least 3 mows before they quit me.” “Have you checked some of his accounts to make sure they are priced in accordance with what you would charge? One of the lawn companies I bought out was considerably higher in pricing than mine, so I ended up raising all my original customers up to that standard.” Read more or join this post here: www.gophergraphics.com Should you offer to buy lawn care accounts on craigslist? www.gophergraphics.com Fernando joined the discussion and said he posts ads in free online sites in which he offers to buy lawn care customer accounts. Here is the ad he posted in craigslist. Check out the full ad on our forum. “-Too Tired over the Summer? …or can’t keep up during …
Video Rating: 5 / 5
Michael C. Synn, Director of Sales and Marketing for the Business Consortium Fund www.bcfcapital.com speaks with Sachi Koto on how Asian Businesses are performing in a tough economy in the National Council of Asian American Business Association’s http documentary “Our Mission, Our Voice”. Michael also shares key insight into the recent shift of focus from private sector to public sector in pursuits of stimulus related contracts. He urges balance and focus on core competencies and preparedness on all fronts. Edited, Produced and Directed by Edward Cates, Nuance Marketing
Video Rating: 4 / 5