darkstar
ArboristSite Guru
What do you all think is a good profit margin for a small tree service? Im looking for answers that perhaps do include fully payed for equipment purchases?
We gross around 200k with a 3 man crew and one estimator.Im trying to figure out about how much profit i should aim for this year. We grossed 50k for the first quarter and i must admit i dont heave much to show for it .
Last year would have been a great profit year but i spent most of it buying up new equipment some of which i am depreciating and some i wrote off completly .
As the years roll by id like to settle into a comforatable fair profit .
Any suggestions?
I would like to hear how much you guys are taking home .
I personally think about one forth of the gross should be a good take home for my buisness. That figure would include sound new equipment i purchaseand completly pay for .So if i had a profit of 50,000 and i bought a 30,000 bucket truck, my take home would only be 20,000. I still concider that a profit of 50,000 .Yall get my drift?
We gross around 200k with a 3 man crew and one estimator.Im trying to figure out about how much profit i should aim for this year. We grossed 50k for the first quarter and i must admit i dont heave much to show for it .
Last year would have been a great profit year but i spent most of it buying up new equipment some of which i am depreciating and some i wrote off completly .
As the years roll by id like to settle into a comforatable fair profit .
Any suggestions?
I would like to hear how much you guys are taking home .
I personally think about one forth of the gross should be a good take home for my buisness. That figure would include sound new equipment i purchaseand completly pay for .So if i had a profit of 50,000 and i bought a 30,000 bucket truck, my take home would only be 20,000. I still concider that a profit of 50,000 .Yall get my drift?