You should also become active in online communities and forums specific to the tree service industry. The members of these communities can provide you with expert insight into the problems, pitfalls and joys of running your own business. If you lack the knowledge required, consider working at a tree farm or nursery to familiarize yourself with the ins and outs of tree care.
If you are planning on also offering tree planting as a part of your service, you will need to get a state sales tax number so that you can purchase from wholesalers. This number prevents you from having to pay sales tax when you purchase the trees--or other landscaping materials--because you will be paying sales tax after you sell the trees to your customers.
Be prepared to have down times. Unless you live in a climate that has mild weather year-round, your business will slow or stop in the winter months. In some states it may be necessary for your business to be bonded in order to get a business license. According to the Bureau of Labor Statistics full-time tree service workers have a higher than average rate of work-related injury and illness. Lisa Wilson has a diverse background that includes starting and running a construction company, working as a business consultant, and three years as the development director for a Catholic high school.
She has freelanced for 10 years and has been published in "Irish America," "Woodcraft" and various trade journals and newspapers. Items you will need Business plan Heavy duty truck Tree maintenance tools Safety gear Liability insurance. Tips If you lack the knowledge required, consider working at a tree farm or nursery to familiarize yourself with the ins and outs of tree care.
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Course Educational School Science. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. The Company will offer a wide variety of tree services that will generate significant revenues for the business. Die feels that targeting all markets will allow the business to operate profitability regardless of the general economic environment. The Company will seek to develop relationships with residential clients as well as property and building managers.
Doe feels that by offering professional services at reasonable prices, Management can become the selected service provider for a broad audience of users. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.
Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period. In the United States, there are more than 8, businesses that operate in a capacity that is substantially similar or identical to those of the Company. The industry has experienced solid growth as the number of real estate developers building property in the United States has swelled with the rise in general housing and building prices.
However, with the current economic environment, Management expects that the Company may have some issues with its early revenues. Tree and stump removal services are expensive, and as such, decreases in general economic output will result in decreases of revenue to the Company.
The Company anticipates that a majority of its clients will be building owners and property management firms contracting on behalf of building owners. Doe expects that the client base will consist of commercial, industrial, and residential clientele. However, Management anticipates that its largest client base will come from the residential arena.
As time progresses, the Company may engage more complicated tree and stump removal services for businesses such as real estate developers. This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition.
Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Tree Removal Service intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market.
Below is an overview of the marketing strategies and objectives of the Company. Doe intends on using a number of marketing strategies that will allow Tree Removal Service, Inc, to easily target homeowners, building owners, and property management firms within the target market.
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