Small Business Mistakes I've made since starting up
It's been around 12 months since I started my lawn care business and it's safe to say I've made a number of mistakes along the way. In this article i'm hoping to discuss some of my mistakes, hoping this may help you avoid similar issues and potentially get you thinking about what you need to do to get your own business set up in the right way. Although, this is based on my experience in lawn care, some of the issues aren't lawn care specific and can be seen in a number of small business when they get started.
I haven't listed these in any particular order, only how my mind was working at the time;
Lesson Learned: It's important to properly plan your year and have an ever evolving business case and risk assessment detailing potential risks to your business. I currently have a document for my outgoings, not just for the business but also my mortgage, insurance, council tax, petrol, bills etc. This tells me a monthly figure i need to be earning just to break even. I have an ever evolving business plan, based on acquiring 50, 100 or 150 additional customers in Year 2, and what this may project to moving forward. I also need to track what happens should i fail achieve these targets. I have a document for risk assessment, anything which could potentially happen which may set the business back, and finally i have a budget plan which contains my anticipated budget on marketing, stock, maintenance of machinery and car, other expenses etc. I can't stress enough to anyone when starting out to properly plan, budget and document everything you. can to avoid shocks.
Lesson Learned: If there's one thing to learn from the franchises, even if you are not going down that route, it's to acquire business as quickly as you can, otherwise you'll be chasing your tail the whole time. In Year 2, rather than planning a scatter gun approach to marketing, i'll be blasting a particular focus area which i've researched and has a high percentage of my target audience. It's important to build up clusters of customers within a close proximity to each other, so you can treat the same day and decrease costs of petrol, and then do this repeatedly. Although i'll use a leaflet drop company in the area, I've also seen a better response rate when i've either delivered the leaflet at irregular times myself (e.g. weekend afternoons) or have wandered around local farmers markets and village/town events handing leaflets and building up a local presence.
Lesson Learned: To keep cost under control and avoid wastage it's either better to order stock as and when you need it, initially you will pay a higher price, but you will control expenditure, and avoid throwing away perishable stock. A good idea which ties in with the networking point below - build up contacts within the industry, either similar businesses in a non-competing area or even people in different but similar verticals. A few Lawn or garden companies forming a bit of a union for purchasing will be able to buy on bulk at a lower rate. I play golf, so I have got to know the head greenkeeper at my local golf club, he currently purchases seed, feed, equipment on behalf of the golf club. Since getting to know him, he's been able to provide me with feed, seed and dressing at (the golf clubs) cost, saving me hundred's of pounds.
Lesson Learned: This one is fairly simple, measure your customer's lawn accurately (I use a measuring wheel), weigh or measure the product accurately (follow the product label instructions and use measuring jugs/scales as necessary), this will allow you to calibrate your equipment accurately. The final part of the calibration is ensuring you walk an even pace otherwise you may end up with either too little product and the lawn may look patchy or too much and you may scorch the lawn.
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Lesson Learned: Although some of the equipment may save you time in the end, particularly when you have a high volume of customers, whilst you need to manage costs I'd suggest only using tools which are necessary for the job, this may be a bit more manual at the beginning, but managing costs will help you to fund other more important areas which will allow you to acquire customers. A Landzie Spreader is a great bit of kit, however, is it essential to get going? probably not. Likewise there's a number of manual Aerators which look nice and effective, however, do they work better than a garden fork? Save costs now, and once you have a nice cashflow you can then splash out a bit.
Lesson Learned: There's a saying we've all heard of which goes, 'it's not what you know, but who you know' which applies here too. Building up a network of contacts either directly in your industry or indirectly in similar businesses or other small business owners will only help you to manage your business. Contacts in your business will be able to advise of any new trends they are seeing, give a different point of view or even pass business your way if they are too busy, can't make a customers' timeline. The golf club I mentioned previously has allowed me to tap into two or three new clients looking to improve the quality of their lawns, not to mention the lower stock purchasing I have been able to tap into. I've made it a mission in year two to attend lawn care conferences and collaborate in the facebook and whatsapp groups to help with knowledge acquisition which is never a bad thing.
After year one my finances are a little worse than I anticipated so i've joined a few small business networking groups which although aren't similarly lined in terms of industry, i know they can help me suggest ways to run my business more effectively or efficiently with a few suggestions here and there, and you never know some of them may need lawn care.
In terms of online presence, i now regularly post on either some of my daily activities, or something similar to this post. I have a YouTube Channel which I hope to build up in 2025, and I'm (completely not) down with the youth on Tik Tok, snap hazard, insta and facebook :). I have a drone which i never thought i'd say, and a technical selfie stick for vlogging (whatever that is)
Summary
The amount of generous people i've met have all advised they made mistakes during the first year of operating (who hasn't), and some of the people have closed their businesses down completely, only to run a different business, life is built on making mistakes and learning from them. I hope some of the points I have raised based on my own experience will either resonate with you or help you to avoid falling into these traps.
#smallbusiness #lessonslearnedsettingupasmallbusiness #dontmakethesemistakes #lawncare #lawnbusinesses
If you have any comments, would like to correct any mistakes or just ask me any questions, feel free to reach out to me at [email protected] or on socials Facebook, Instagram, Tik Tok @lawnurture and YouTube @lawns_and_vegas.
Highly Experienced Customer Success Manager - On a few courses just now
2 个月Excellent article Richard… sharing with my niece!