The Atlanta Business Chronicle, one of my
favorite periodicals, recently ran an article
profiling a landscaping company that has used
its “nearly recession proof business model”
to beat the odds.
Despite two housing downturns and one of the
worst droughts in Georgia history, Piedmont
Landscape Contractors, Inc. not only survives
but thrives. Its revenues have risen from
$2.7 million in 2000 to $30 million in 2007.
(How do you like those numbers?)
Reading the article provided many AHA! moments.
I couldn’t help noticing how closely the
company’s actions matched the habits of
some of my most financially successful
clients.
Lessons Learned
Here are some of the components of Piedmont
Landscape Contractors’ nearly recession proof
business model.
- Pay close attention to the cost of
doing business. - Keep your prices competitive by lowering
costs without affecting your customer service. - Price your services in order to have a
healthy, sustainable profit margin. - Put your customer service staff in place
before you need them. - Look into diversifying your income streams, so that all of
your eggs are not in one basket.
Read the entire article here.
JC Kadii, Mortgage Virtual AssistantSM . 770-469-7385. Through http://www.close-more-loans.com/, JC leads a team providing top notch administrative, internet marketing, and technology services to mortgage professionals. Mortgage professionals are encouraged to visit the website and sign up for the More Closings email newsletter to receive the report 6 Steps to More Referrals.
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