In this article you will find all Budget- Snow related items for your convenience!
Select from the list below to jump to its spot within the article!
- How do I forecast Snow Revenue?
- How can I calculate Overhead for my Snow Division Only?
- What if I pay my staff a higher pay rate for certain kinds of work (i.e. snow & ice)?
How do I forecast snow revenue?
If you manage snow + ice, you know how difficult - or impossible - forecasting snow and ice revenue can be. And embrace it! It is impossible. If you did know exactly how much it would snow, you'd be making millions not running a landscape company.
So what do you do?
Forecast based on 3 to 5 year averages. Use 3-5 year revenue and/or snowfall averages to help you forecast your revenue for a 'typical' year. You're likely going to be wrong in every single year (we all are!) but the idea is that over a period of a few years, your average will be accurate.
There will be years where you sell more than you expected, and there will be years where you spend more than expected, but if your averages are accurate, you'll average out over time to a nice and profitable budget.
How Can I Calculate Overhead For My Snow Division Only?
Overhead costs are all the costs that do not get included on estimates. You can estimate time and equipment and salt for jobs, but you cannot estimate costs like rent or office supplies on a job-by-job basis. The prices of your bill-able work (labor, equipment, subs, materials) must be enough to recover your company's overhead. This is the first step in confident cost & pricing.
Open the Snow Overhead Calculator spreadsheet. Use last year's P&L for reference, but remember to forecast expense totals for next year.
Once you click on the below calculator, you will have access to the file. Feel free to download it to your own device and make any edits or updates.
What if I pay my staff a higher pay rate for certain kinds of work (e.g. snow + ice)?
The most accurate way to handle this is enter the emploee type twice, once for each type of work with an estimated hours for each type of work.
For instance, if I paid my maintenance foreman $16.50/hr for maintenance work, but $22.50/hr when plowing snow, I'd enter in them in field labor budget for something like:
- Maintenance Foreman - 1500 hrs - $16.50/hr
- Snowplow Drivers - 200 hrs - $22.50/hr
.. assuming they're going to work a lot less hours in snow. See the screenshot below for an example.
If you require further assistance, please contact our Support Team via email at support@golmn.com or reach out to us through our Live Chats feature or by Phone: (888) 347-9864!
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