Lawn maintenance residual income is an excellent source for financial security.
We’re talking money today here on CLIP.com. And I’ve got a question at the end, so stay with me here!
You may have heard the term “residual income” before. Depending on who you ask, it’s also called “passive income” or “recurring income.” Residual income is, essentially, money that you can count on receiving on a regular basis even if you step away from your work for a while. It’s different from active income, which you only receive in exchange for hours worked or services rendered.
I’m going to break down how you can create a residual income for yourself by starting a lawn maintenance business, and why it’s a such a great idea.
How lawn maintenance residual income works
Let me set the scene: You’ve been in the beautiful business for a while, so you have a lot of customers who trust you and value you to care for their lawns. You have a few crews working for you, made up of good, hard working people you hired and trained yourself. They do all the on-site work while you use your reliable lawn maintenance software to set up schedules, routes, and other details.
At this point, you’ve got a system in place. Your crews always know when and where to go. Your customers know when your crew is coming and how much they owe. Everything can run on its own. With multiple teams working for you, you’re making enough money to support your family. And, because your system essentially runs itself, you can walk away from your desk and let it work for you.
This isn’t like a landscaping business or a construction operation where each customer only sticks around until the job is done. Lawn maintenance never ends, so your customers pay you to mow, rake, or shovel week after week, year after year. And that ability to predict exactly how much your business will earn every month gives you the greatest gift of all: freedom.
Of course, this doesn’t happen overnight. It takes time to build a loyal customer base, find and train the right people, and create the perfect system for you (though a good lawn maintenance software sure does help). But in exchange for some hard work up front, you get years of consistent income that you and your family can rely on well into retirement.
Imagine what this could mean for you: Never missing your daughter’s choir concert again. Meeting a friend who’s visiting from out of town for lunch at the last minute. Volunteering for a local cause during traditional work hours. Taking your family to see the Grand Canyon, the Golden Gate Bridge, or even the Eiffel Tower. And, most importantly, the peace of knowing that your lawn maintenance business will keep your family fed, comfortable, and safe for years to come.
Make your lawn maintenance business software work for you.
When it comes to the “beautiful business,” finding customers and hiring the right team members requires a human touch. But once you’ve got those figured out, a good software program can handle the rest. Your software can help you map the best routes, create schedules for your crews, and collect payments from your customers, so you can get out of the office and get back to what’s important.
Now here’s my question for you. I’ve played around with the numbers quite a bit to figure out how many team members and customers I needed to hit my revenue goals. Would you be interested in a post that shows you how to make those calculations for yourself?