Mike Andes says lawn care businesses should target a 20-25% profit margin to fund team development, customer experience, and equipment. He's launching a new website at the end of April and raising his Landscape Business Course price from $247 to $297.
Questions this video answers
20–25% profit margin.
End of April (year implied by upload: 2018).
Current price mentioned: $247; planned increase to $297 at the end of April.
January 29, 2018.
Chapters
Landscaping industry and to build a team that is inspired by the work they do. I've memorized it because it's our why, it's why we exist. And the reason is, is because if you can create a business that generates 20 to 25% profit margin, you have money to develop your team, make them more professional. You have money to develop the customer experience and give people gifts and have a referral program and give gift cards and have uniforms and better equipment and like, that's why this is so important. Because on a 20 to 25% margin job, no longer are you making $150, no longer are you making $15, out of $1,000. No longer are you doing this. Now all of a sudden you're starting to add.
More money in here and that's what I want to see you do. And I hope you can do that again. This is Mike Andes. Thank you for joining on Facebook, YouTube, whether you're over here on the podcast, listening here to this microphone, thank you so much for joining me. Landscapebusinesscourse.com it out the new website is going to launch at the end of April, so you got about three months. I want to say a big thank you to everyone joining right now because I mentioned on the last episode a lot of people have been joining because they want to get at the $247 marker because it's going to go up to $2.97 at the end of April and that's going to be a hard deadline as far as for me to get the complete website done. It gives me plenty of time to completely get all the bugs out and make sure it's perfect. It's going to be great. The new website's already looking better. Just I want to perfect it, get more content on it, make it look good. So the price of the course is going up 297. But I want to say thank you to everyone that's bought in the past couple weeks. Since I made that announcement, I basically paid for almost half of the development fees for this new website because so many people have just bought in the past few weeks because they know the price increase is coming. So if you're wanting to join the course, if you're wanting to lock in your price now, even though the website isn't as nice, isn't as beautiful and as user friendly, doesn't have as much content as the new ones gonna have, just remember if you buy now, everyone that is currently members, a bunch of people email me, they say, hey, do I have to become a new member on this new website. I'm like, no, all the new. The existing members of Landscape business course will get a free membership, just basically same username and everything over onto the new platform. It's gonna be so much better. But thank you all for joining. It's helped me a lot with just the cost of, of this new website. It's going to be great. So thank you very much, landscapebusinesscourse. Com. I'm Mike Andes. Until next time, be great because nothing else pay.