Make a Billion Dollars Cutting Grass?

[adan]

Our businessmen friends here would be interested to check this out:
Make a billion dollars cutting grass. « Start A Lawn Care Business

For immediate gratification, here's the key statement in that article:

According to a University of Florida Extension Office report, the total economic impact of the Turf Grass industry in the United States is $62.2 billion (2005 dollars). Of that $62.2 billion, nearly $19.8 billion is comprised of the lawn care services. Within this $19.2 billion is the addition of over 295,000 jobs associated with lawn care services.

No one seems to have ever mentioned this impressive figure in this forum

Attention Ric, you belong to a $19.8 billion industry!

 

[touree]

Interesting fact and I am sure that figure is poised to rise in the next few years. I am beginning to think in line with this; in which case providing lawn care services would be booming business.

 

[Hershey]

It does seem like an amazing number, but I have to say that I see numerous lawn and landscaping vehicles all over my neighborhood. I am not the least bit surprised.

 

[adan]

It looks big. But if the population of the US is 250 million (I'm not sure, so please correct me) then $19.8 billion would compute to $80 per capita. That doesn't sound like a lot, does it?

I wonder what our experts in the forum has to say about this. I'm not from the US, so now I feel like this thread should be handled by someone else

 

[Ric]

Our businessmen friends here would be interested to check this out:
Make a billion dollars cutting grass. ｫ Start A Lawn Care Business

For immediate gratification, here's the key statement in that article:


No one seems to have ever mentioned this impressive figure in this forum

Attention Ric, you belong to a $19.8 billion industry!

View attachment 821I DON"T THINK SO. Maybe in my dreams.

If anyone thinks there is a ton of money to be made in the Residential lawn care business they're sadly mistaken and I can tell you there is a lot more involved than someone running around in a Toyota Pick-up with a push-mower. The equipment start up cost alone can put you three years in the hole before you ever show a profit, then add to that all the License fees and Insurance, Advertising, gas, parts and maintenance on equipment.

The problem with the business is the economy today, they're to many people trying to make money anyway they can and I'm talking about that guy in the Toyota Pick-up with a push-mower that's trying to make enough money to put a meal on the table for his family and pay some of his bills, can I blame the guy? No because in a lot of ways I am that guy, I just did it on a bigger scale and as a full time job.
The thing I will tell if you think you're going to make enough money to support your family doing Lawn Care, (I just hope your wife has a good job.:thumbsup

Overall it may be a $19.8 billion industry but it's not for the guy in the field.

 

[jenkinsph]

I agree that the guy with a mower in a pickup is doing what he can to feed his family, that should be promoted instead of handouts. That said to make it in the lawn care business is tough just like alot of other businesses today.

I use tractors, backhoes, mowers, plate compactors, lasers and a mirad of implements to make a living and get by okay, but it isn't a high end job by any means.

 

[adan]

I'm doing real estate*and I have read Kiyosaki and Trump books.

The parallel that I see is that the ability to create a system around the business concept is what makes a business expandable. I have a hunch that is what Ric is doing. Otherwise, it would be back-breaking and thankless to perform something on a large scale.

 

[Lucy]

I see lots of trucks hauling around lawn care equipment regularly. It seems to be quite a lucrative and manageable small business that many have discovered.

 

[Rocky]

As the baby boomers age and become less inclined or less able to do yardwork like they used to, I would imagine lawncare services will only become more and more in demand---and lucrative.

 

[Ric]

I think we need to come back to reality with this Billion Dollar article. To begin with it's only someone blog and he is using the article so he can sell his Lawn Care Business guide and software package. Below is where all the money goes.

As defined in this study, the five sectors comprising the U.S. turf-grass industry in 2002 generated total output (revenue) impacts of $57.9 billion (Bn), employment impacts of 822,849 jobs, value added impacts of $35.1 Bn, labor income of $23.0 Bn, and $2.4 Bn in indirect business taxes to local and state governments. If these values are expressed in 2005 dollars, the total output impact was $62.2 Bn and the total value added impact was $37.7 Bn. The value added impact represents total personal and business net income.
Among individual sectors, sod producers created nearly $1.8 Bn in output impacts, $1.3 Bn in value added, and 17,028 jobs. Lawn equipment manufacturers contributed $8.0 Bn in output, $2.5 Bn in value added, and supported nearly 34,000 jobs. The lawn care goods retailing sector produced $9.1 Bn in output impacts, contributed $5.8 Bn in value added, and sustained 114,294 jobs. The lawncare services sector generated nearly $19.8 Bn in output impacts, $13.3 Bn in value added, and 295,841 jobs. Golf courses had $23.3 Bn in output impacts, $14.5 Bn in value added, and 361,690 jobs.
Economic impacts were summarized for individual states and seven geographic regions of the United States, with the turf grass and lawn care industry having significant activity in all areas of the United States. The top ten individual states in terms of employment impacts were California (101,022 jobs), Florida (83,944), Texas (52,784), Ohio (33,154), Illinois (31,625), Pennsylvania (30,845), North Carolina (28,860), Georgia (27,327), South Carolina (25,083), and New York (23,965). Regionally, the Southeast was the largest in terms of employment impacts (197,711 jobs), followed by the East-Central (159,358), Western Coastal (130,862), South-Central (112,284), North-Central (100,738), Western-Interior (64,226), and Northeast (57,671).