Mulch producers know how important it is to keep an accurate set of books. Like any small to mid-sized business, you need to keep a close eye on your expenses to ensure profitability. But one line item that is overlooked too often is your labor and loader cost. Often considered a sunk cost, understanding what you pay toward labor and loader operations can help shed light on an opportunity to improve efficiency in your mulch yard. Let’s take a closer look at how to accurately calculate your labor and loader costs, and how identifying these costs could help improve financial results for your business.
To maintain profitability as a mulch producer, you need to carefully track all expenses and keep your costs in check. Most producers have a good handle on fiber and transportation costs. But despite best efforts, there are some costs that often go overlooked by some mulch producers. Here's a look at some of the hidden costs associated with running a mulch yard as well as some tips for how to reduce them.
Managing any business can feel like you’re trying to juggle 100 bowling balls at once. From devising sales strategies and marketing plans to managing daily operations, there are a lot of things you need to keep your eye on to ensure success. But for mulch producers, there’s one process in particular that could make or break your company’s profitability: proper system calibration. Let’s look at why having exactly the right amount of water and colorant in your coloring system can make the difference in keeping your company in the black.