Seeing such strong results from an industry that is predominantly made up of small businesses is very encouraging to us at Sunovis.
San Francisco, CA (PRWEB) December 27, 2012
While landscape contracting business has been fairly strong in maintenance revenue and weak in new installations over the past 4 years, the results of a survey from Green Industry PRO magazine indicate that landscape contractors had a good year in 2012 and they expect additional improvements in 2013. These results apply to lawn maintenance, lawn care, and landscape design and installation contractors.
Survey results show that twice as many lawn care and maintenance business owners said business was up in 2012, and the majority believe 2013 will be even better. Among landscape design and installation company owners, roughly half said that business increased in 2012 and the majority expect better business conditions in 2013. Very few of those surveyed felt that business would be down in 2013. Just 9 percent of landscape design and installation owners are pessimistic, while the numbers are even lower for lawn care (6 percent) and maintenance (5 percent) companies.
“Seeing such strong results from an industry that is predominantly small businesses is very encouraging to us at Sunovis,” said Terry Robinson, Sunovis Financial President and CEO. He continued; “We believe that small business is the engine of growth for America, which is why we have put ourselves in a position to help wherever possible through SBA loans and Short-Term Micro Loans. When small business succeeds, America succeeds.”
Lawn & Landscape Magazine highlights the top trends for 2013, which represent fresh opportunities for the industry. These include sustainability and new technology.
The recessionary trend looks to truly reverse in 2013, with 55 percent of residential contractors responding to the Green industry survey that they feel they will be able to increase prices in the coming year. A further 20 percent feel they will be able to increase prices across the board. Numbers from commercial contractors are a bit lower with 41 percent saying they will raise some customers’ prices and 18 percent saying they will raise prices across the board.
Even the installation side of the business, which has been the weakest over the past 4 years, will see pricing increases in 2013. 42 percent of those surveyed feel they can raise some prices and 22 percent will raise prices across the board.
All of these increases will also be good for hiring, as 50 percent of those surveyed expect to add additional maintenance workers in 2013. This is up from the 33 percent who added maintenance workers in 2012.
About Sunovis Financial
Every small business is important to local communities and even more important in rebuilding the American economy. Today more than ever, small businesses need capital and assistance to thrive, and that is what Sunovis is focused on. Sunovis is an SBA expert, and also offers Short-Term Micro Loans for small businesses, not weighted on FICO scores or collateral but on business health and cash flow.