Thursday, February 27, 2014

Advisory Meeting #2


Content:

Just like you did for answer 1 and the objectives for Purther's textbook work for answer 2 post:

EQ:What is most important in managing a profitable landscape business?


Answer #2 (Write in a complete sentence like a thesis statement)*
The experience and knowledge of knowing how to give accurate estimations. 

3 details to support the answer (a detail is a fact and an example)

Detail #1- Experience comes with knowing the field you are working, the more experience you have in something, the more likely you are skilled in the field. The same goes with giving prices and estimations for a house. Giving estimations is a learning experience you will not go out one day and be a master at estimations because there are to many variables to deal with. For example time, labor, resources used are all hard to calculate, also a lot of the times you will not know the full price of what you wasted until the job is over. 

Detail#2- In order to know how to give accurate estimations you need someone to teach you. A teacher can be someone who knows what they are talking about and knowledgeable in estimation. Learning how to give accurate estimations will help your company grow and give the most amount of profits. By giving accurate and efficient prices the margin for profit will grow. 

Detail#3-Giving accurate and fast estimations will make you look professional, The client will also be more likely to stick with the price you gave them if you do not constantly change your estimation. The estimation will seem more sure and will more likely be payed by the client. 


The research source (s) to support your details and answer

"Calculating Profit Margins." Home. N.p., n.d. Web. 07 Feb. 2014. http://www.business.qld.gov.au/business/running/making-and-managing-money/making-your-business-more-profitable/calculating-profit-margins

Concluding Sentence
One thing that is most important in running a profitable landscape business is knowing and correctly estimating a possible clients house. By doing this it will effectively raise profits for a landscape business. 

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