"This market is great for labour. A lower turnover in the landscaping industry means a better pool of labour to choose from"
Calgary, Alberta, Canada (PRWEB) August 15, 2015
Fluctuations in oil and gas prices will undoubtedly impact all aspects of the national and global economy – and small business owners feel the effect of these changes most keenly.
While the boom and bust cycle of prices is continuous, the current downturn has seen the price of a barrel of oil plunge to almost half the price it stood at a year ago, in June 2014. These dropping prices have certainly impacted the bottom line of many companies in the energy industry, many of whom have been forced to decommission rigs and cut investments in exploration as well as new production.
But these changes have also resulted in economic fruition elsewhere, in other industries.
Calgary, AB Canada is an oil town. There is no doubt about that this entire economy is heavily based on those prices. This is a great place to understand the impact of these changes. For one Calgary based landscaping company, Waterstones Landscaping & Design, these changes in the market have resulted in greater stability and expansion.
Paul Gettis, Director of Operations of Waterstones Landscaping & Design (http://waterstoneslandscaping.ca/), describes the improvement they have seen in the labour force, following the change in oil and gas prices. "This market is great for labour. A lower turnover in the landscaping industry means a better pool of labour to choose from."
And with a more stable and better pool of labour driving their operations, the business has also found that it now has the scope to expand their services, expanding their offerings beyond landscaping and design. Gettis states, “The company has expanded it's service reach. Waterstones now offers Christmas lights setup and take down. (http://waterstoneslandscaping.ca/christmas-lights-setup-takedown-installation-company) as well as snow removal (http://waterstones-landscaping-calgary.ca/snow-removal-company/) over and above landscaping and design services."
By including additional services including seasonal Christmas light setup and takedown as well as snow removal, the business has seen its prospects of growth significantly improve.
Despite their growing ambitions and plans of expansion, the business maintains a strong emphasis on the importance of a reliable and secure workforce, in order to continue to provide quality services to its customers. Gettis describes the importance of maintaining a high standard across all their services, " The workmanship process is just as important as the final landscape presented to you.”
The example of this growing Calgary business illustrates that small business owners have to be hindered but in fact can act profitably from the downturn in oil and gas prices, to develop their organization by taking advantage of the improved labour pool around them to provide the best customer service possible with better service offerings.