Hi Guys. Need some help. Want to split my round to ease the work load and need some idea on how to value/ price the cut to sell.
Cheers.
Hi Guys. Need some help. Want to split my round to ease the work load and need some idea on how to value/ price the cut to sell.
Cheers.
years ago it used to be 8 to 10 times the cut..not sure what it is now....
Thanks guys, but what do you mean by cut. Is it the weekly value of the jobs? or the actual individual customers cut price x 10?
10 clients
1x4weekly @$60
5x2weekly @$50
4x3weekly @$55
= cut value of $470
Basically what you get per single cut per client x10
Anything Ian says may or may not be garbage, it may also be his own opinion or it may not be his opinion at all, it may just be something he felt like stating anyone following his advice does so at their own risk and may be doing something Ian would actually advise against.
And if you don't like what Ian has to say use the ignore function if you don't know how ask i will gladly tell you
Thanks Ian. Very helpful
I haven't sold a round in years, but I sold 4 splits between 2003-08.
The formula back then was:
The price of each job divided by the frequency of the cut in weeks multiplied by 20.
So, a $45 job that gets cut every 3 weeks was worth $300.
A $45 job that got cut every 2 weeks was worth $450.
A $45 job that was cut every week was worth $900.
It worked quite well, building up my round, splitting it & selling rounds. It made lawn mowing quite profitable.
Not sure it would work these days, there seems to be a massive amount of guys mowing lawns around here!
Thanks Kakegc. Your formula is like the old VIP one that was 10 times. Its a fairer way to get a real value of a job but the 10x is way to cheap in this area. I like the 20x or might find a happy medium if the end result is a bit high.
Cheers