The 12 Top Lawn Care Conferences for Business Owners
Lawn care conferences give you access to like-minded professionals, networking opportunities, new trends and...
The lawn care industry is thriving, with an expected growth rate of 5.2% over the next five years. Couple that with your already successful pest control business, and you can diversify for success.
If you are considering expanding your pest control company, adding a lawn care business might be a logical progression. You’re already halfway there if you think about it. You likely have many of the tools and possibly even the clients needed to hit the ground running.
Clients would likely appreciate not having to contract with two separate companies when they could schedule both services at once.
This article covers everything you need to know to start a lawn care business, including start-up costs.
We’ll discuss the essentials of lawn care business and market research. We’ll break down upfront, ongoing, and hidden costs. Finally, we’ll give you practical tips on starting immediately.
Lawn care and pest control services have a lot in common. Both need similar skills and tools. For example, sprayers used in pest control can apply lawn treatments, too.
Both services target the same areas of a property. If you already serve customers with pest control, they might also need someone to take care of their lawns.
Offering both can make your business a one-stop shop for outdoor home care, separating you from the competition.
Here are some of the other advantages:
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Market research defines your customers, highlights their needs, and shows how much they will pay.
Here’s how it works:
Market research is also key to setting the right prices.
If you price your services too high, you might drive customers away. If you price them too low, you could lose money.
Use averages as a benchmark. For example, lawn mowing services generally cost between $45 and $185.
In addition, consider your location. For instance:
Lawn care prices vary by region due to differences in lawn types, common pests, and local economic conditions.
Finally, market research gives you a clear and in-depth understanding of your target demographic. This helps with:
Starting a lawn care business requires an initial investment. You’ll need to think about several key costs to get your business up and running.
After that, you’ll have ongoing costs. These are regular expenses that keep your business active and growing.
Then, there are hidden costs—lesser-known or unexpected expenses you should account for, too.
Let’s break all this down.
Here are all the costs you’ll need to cover when starting your business.
If you already run a pest control business, you may have some of this groundwork in place. But it’s still important to check the following:
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Insurance is a must to protect your business, employees, and the public:
Depending on the services you plan to offer, your basic needs might include:
Launch promotions build hype and can help you win those first few clients:
Additional costs might include:
Lawn care business start-up costs total around $8,000 to $30,000. This will be on the lower end if you can use resources from your pest control business.
Your lawn care business has launched. Now, you need to manage ongoing costs.
If you plan on hiring additional employees, paying them will be one of the most significant ongoing expenses:
Regular purchases will include:
To minimize downtime, keep your equipment in good working order:
Continuous marketing efforts are worth the ongoing expense. They attract new customers and keep you top of mind:
Fuel is a major expense for any mobile service like lawn care:
The total ongoing costs for running a lawn care business can range from $1,000 to $3,000 per month. This estimate varies based on the size of your operations, the number of employees, and the intensity of your marketing efforts.
Hidden costs can sneak up on you. They can affect your profits and how smoothly things run. Here are some you should be aware of:
Lawn care equipment depreciates over time. This means it loses value with each use. This isn’t an immediate out-of-pocket expense. But it impacts your financial planning. You will eventually need to replace it.
Lawn care demand can be seasonal. You’ll experience peaks in spring and summer and lows in fall and winter.
You may need to save extra profits to cover expenses during slower months. Or diversify your services. Add options like fall cleanups, winterizing, snow removal, or holiday decorating.
Even with regular maintenance, equipment can fail. This means unexpected repair costs and operational downtime. To combat this, build an emergency fund.
Business licenses, permits, and any specific certifications may need annual renewals. This sometimes comes with fees.
Insurance premiums can increase. Review your insurance coverage and shop around for competitive rates.
While these expenses may not occur monthly, they will accumulate over time. Be proactive. Set aside about 10% of your monthly earnings to cover unexpected costs.
RELATED ARTICLE: How to Grow Your Lawn Care Business
Ready to start planning your lawn care business? Get started now:
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