How much money does a landscaper make per year

How much money does a landscaper make per year

Posted: Slavutich On: 22.06.2017

As the company grew, they continued to pay themselves roughly 33 percent of the revenue in salary. But that soon became a big problem.

Delany ended up buying out his partners and struggled for a decade with the question of how to even out cash flow and pay himself a fair salary. When cash flow became unmanageable, he hired a consultant. The first thing the consultant said: In the early stages of a landscape business, an owner rarely factors his or her actual salary.

Only in his fourth year of business, Joshua McCarty, owner of Mint Landscapes LLC in Lacey, Washington, feels the same way.

Landscaper Salary

So what is a fair salary for owners of landscape industry businesses? Initially, revenue can help an owner determine a fair wage. The service mix a business offers can also impact how an owner pays himself. This can range from 5.

How much money does a landscaper earn

However, during a good snow season, an owner might get used to a nice draw in the winter. During a slow season, that draw can drop dramatically. Unfortunately, despite the nature of the business, the IRS frowns on irregular business owner payments, especially after that business is more established, Delany says. One of the factors that makes paying a regular salary easier is having a steady stream of income.

For businesses that do the majority of their work in the summer, spreading out cash flow can help.

Instead of charging the client for just those months, a contractor can present commercial clients with annual contracts to spread out the cash coming into the business, Delany suggests. The first rule of factoring a salary for a landscape business owner is creating a realistic budget for the coming year, Delany advises. You need to measure right to the dollar how much you bid and how much you get.

You need to measure the profitability of your jobs.

How Much Should a Landscape Company Owner Make? | Green Industry Pros

Operations-driven contractors lacking a true understanding of these numbers should hire a part-time bookkeeper, Laflamme advises. Some landscape business owners who have figured out the best way to pay themselves look at salary as total compensation versus a weekly or biweekly paycheck.

Delany has been successful paying himself this way, and so is Zach Dennis, owner of Lawn ReLeaf in North Little Rock, Arkansas.

How Much Money Does a Landscaper Make a Year? | eHow

Additional components make up his total compensation, including health insurance, which is paid for by the company, as well as vehicle and vehicle insurance, computer, cell phone and service, etc. Dennis also owns the building his company rents, so he receives tax-free income that way. Most people can only work so hard for so long with no reward. It may be time to restructure your business and get back to a salary that makes you want to push forward.

how much money does a landscaper make per year

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how much money does a landscaper make per year

Next post Are You Worried About Making Payroll? Previous post Landscapers Offer Heart-Felt Service to Smoketown. About the Author Nicole Wisniewski Nicole Wisniewski is editor-in-chief of Turf and Turf Design Build magazines.

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