Because landscaping industry is typically revolves around discretionary spending, it was one of the first cuts during the economic downturn. However, the economy is recovering and heading in the right direction.
Corporate profits will continue to grow, disposable income will rise, and demand will increase.
The industry is characterized by a large number of small companies that only hire sub contractors. In fact, most firms have no employees at all.
Several large companies exist, but they control just a small percentage of the overall market. If you are looking to get a small company up and running, this industry presents a lucrative option.
Some industries you can get into without much prior experience. However, in others you need some experience. In this sector, you should have knowledge of plants, aesthetics, and landscaping.
You don't want to end up placing your landscaping business for sale because of your lack of knowledge.
Community colleges, which have affordable tuition, can help you learn what you need to know.
Next, begin constructing your plan. Know who the top competitors are in the area. Figure out what you can do better than they can. See if people in your region have disposable income.
Next, decide what your role in the company will be. Perhaps you have hands-on skills and you will be on site with employees. Or, perhaps you have stronger administrative skills and you would prefer to sit behind a desk.
Either scenario can work out well if you execute it right.
In order to get started, you don't have to have the largest and most expensive equipment. Simple gardening tools such as shovels, rakes, brooms, and wheelbarrows will get you started. Once your profits have grown, you can purchase more equipment.
The most expensive piece of equipment you may need to start is a small truck.
Next, advertise your business like you have never advertised before. The best way to do this is to do a good job and resolve customer concerns. Word of mouth often adds a surprising number of customers.
Also, treat your employees fairly. If you are focusing on more of the administrative tasks, your employees are your advertising. Keep them satisfied so they do their best job.
About the Author
This Wiki was written by Andy White, CEO of Biz Trader .