We all know how important it is to make a profit. Without a consistent and healthy bottom line, any business will eventually dry up and die. But making a profit isn’t the only top priority for Walker Mower users, or any mowing contractor for that matter.
Recession-proof your business
Times like these present challenges for nearly all contractors. Although providing mowing and maintenance services is a better place to be than designing and installing new landscapes, most commercial and homeowner customers are watching where all their dollars are going.
Learn to sell value instead of price
As a Walker Mower owner, you understand the important difference between value and price. Walker Mowers are not the least expensive mowers on the market. Contractors buy them because they provide superior value. In other words, Walker Mower operators understand the old adage that “you get what you pay for.” The challenge for many mowing contractors is to get their customers to understand the same thing.
Understanding financials
Are you really making any money? What part of your business is most profitable? How do you handle depreciation? Do you have enough cash flow to support your growth? How do you compare to others in the industry? When can you afford new people and equipment as you grow?
Avoid Collection Woes
With a business to run and bills to pay, no one has the time to send out multiple invoices or otherwise communicate with late-paying customers. In the same breath, few owners can afford to simply “give away” services.
What kind of software do you use?
Twenty-five years ago, when Walker Mowers were first introduced to the marketplace, small computers and user-friendly applications software were just in their infancy. Only the most astute businesspeople were finding ways to incorporate this new technology into their operations. A quarter of a century later, small, powerful computers and ingenious software have impacted nearly every square inch of the business landscape. Slide rules are obsolete and ledger paper is nearly passé. Land-based phones are being replaced by small cell phones that talk, take digital photos and double as computers. They can even be used to keep their owners from getting lost.
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