The enterprise value specialists at Ceibass have worked with landscape business owners to help them cope with COVID, Omicron, labor shortages, supply chain issues, and now, rising gas prices.
“Rising gas prices are crimping profit margins and the very best companies are doing everything in their power to deal with the situation,” said Tom Fochtman, Ceibass CEO. “They are attacking the problem from all angles including doing everything to improve gas mileage, improving route density, going after operational inefficiencies, raising rates, improving their contracts to include fuel kickers, getting rid of out of area clients, going after fuel alternatives like propane and electric, and going to suppliers for fuel volume discounts or even considering fuel supply and storage themselves.”
For a great article on what the industry is doing to combat high fuel costs take a look at a recent blog on The Edge newsletter, brought to you by the National Association of Landscape Professionals, How Lawn and Landscape Companies Adjust to the Rapidly Rising Gas Prices, March 24, To review the article click here.
