chucknduck
ArboristSite Member
Just curious, what is a good years gross pay for a three man tree company? Is 200-250 K pretty good? Or is that lower than most?
Is this good?
- Thread starter chucknduck
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deevo
Addicted to ArboristSite
Slvrmple72
Addicted to ArboristSite
Not really sure... but if you send me a check for $250.00 I can give you a detailed report and balance spreadsheet of your income vs. expenses. LOL!
If you made that in New Mexico....you are a god!! & to answer your question it would depend on where you live, where I live YES thats good money!! but ask someone in beverly hills, malibu or Conn. & thats probably not to good!!
LXT...........
LXT...........
ozarktreeman
ArboristSite Operative
Depends on if 3 man tree co,means 3 way split if yes then no!
chucknduck
ArboristSite Member
wow ,thanks. yeah its me and two groundies, no three way split
ozarktreeman
ArboristSite Operative
Yes as LXT said you are a god,or some what near it!
OLD CHIPMONK
ArboristSite Guru
It would be- Yes! Let me just add , IRS is looking foward to getting it's half, when you file ! Good luck !
" DREAMS COME TRUE - BUT NOT IN THIS LIFETIME "
" DREAMS COME TRUE - BUT NOT IN THIS LIFETIME "
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ccrider2240
ArboristSite Operative
I dont care who you are,,, thats funny! lmao
Tree Dr.
ArboristSite Member
$
Probably a good gross, depends on your expenses!
(I bet the grapple/chuckn
duck combo works)
Probably a good gross, depends on your expenses!
(I bet the grapple/chuckn
duck combo works)Henry111
ArboristSite Lurker
That's good money about anywhere you go, 3 man company. Hell yeah, you should be proud brother. I don't know you and Im proud of you!!!
I don't know you and Im proud of you!!!
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John Paul Sanborn
Above average climber
$250,000 annual budgeted income - the simple math
On an average work year a company will do a little more then 200 days of production.
this works out to 50 weeks, 4 days a week. On average, mind you, just think of anything else as cushion.
If you can do 1250/day, on average, then you are doing rather well.
An easier way is divide weekly goal by 50 and you have a $5k/week goal. If you have good weather for the week that allows a 6 days of work the goal is $834/day, anything more is cushion.
Since you ask the question, it leads us to think that you probably do not have an operating budget for the year. Gross is one thing, net another. It is the NET/NET that is the kicker, because it is the true profit after tax.
Do you pay yourself as an employee, or take payment out of assumed profit?
I have worked with a number of companies to leverage more income from current operations, and there are several simple things that can any company can do to affect this change.
On an average work year a company will do a little more then 200 days of production.
this works out to 50 weeks, 4 days a week. On average, mind you, just think of anything else as cushion.
If you can do 1250/day, on average, then you are doing rather well.
An easier way is divide weekly goal by 50 and you have a $5k/week goal. If you have good weather for the week that allows a 6 days of work the goal is $834/day, anything more is cushion.
Since you ask the question, it leads us to think that you probably do not have an operating budget for the year. Gross is one thing, net another. It is the NET/NET that is the kicker, because it is the true profit after tax.
Do you pay yourself as an employee, or take payment out of assumed profit?
I have worked with a number of companies to leverage more income from current operations, and there are several simple things that can any company can do to affect this change.
Tree Dr.
ArboristSite Member
profit
So what types of service do you offer to other companies to generate more profit without additional expense for your operation?
So what types of service do you offer to other companies to generate more profit without additional expense for your operation?
John Paul Sanborn
Above average climber
A lot of it is looking at the operation to see how things can be improved: sales, scheduling, finding leads, building revolving accounts...
A lot of micro tree company owners have no prior business experiance; so simple ideas, like the one in the post above and some others I've posted in previous threads, can add significant value to their operations.
A lot of micro tree company owners have no prior business experiance; so simple ideas, like the one in the post above and some others I've posted in previous threads, can add significant value to their operations.
