The excavation and land clearing business in the US is worth a staggering $56.8 billion. If you’re itching for a piece of the pie, maybe 2021 could be your year. However, keep in mind that the land clearing business requires a lot of capital and hard work to pull off correctly.
Opening a land clearing business isn’t like opening a restaurant or a grocery store. A land clearing business requires a lot of planning, financial muscle, and technical expertise. However, that doesn’t mean you must be a licensed operator to start your land clearing business.
With the right tips, getting into the land clearing business will be a walk in the park. If you’re looking to get into the land clearing industry, but have no clue how to do so, worry not; we’re here to help.
In today’s post, we’ll be highlighting a few tips on how to start a small land clearing business with maximum returns.
Take It Slow With Your Goals
Like most entrepreneurs, you’re probably eager to rack in the big bucks, but that doesn’t happen overnight. That’s why it’s essential to set small achievable goals when you first start your land clearing business. A gradual step-by-step approach is way better than having sleepless nights because you set unrealistic goals that are almost impossible to achieve.
What’s more, land clearing equipment costs a pretty penny; that’s why most folks start with basic material handling and earth-moving equipment. Some of this basic equipment include dozers, excavators, grinders, and cutters. You can check out www.fecon.com to get the best deals on the said equipment.
When crafting your land clearing business plan, start with small achievable goals before moving to bigger goals. Like any business, a land clearing business takes time to pick. Start small and use the little profit you earn to grow your business.
Get Your Timing Right
Starting your land clearing company needs perfect timing. You can’t make a good profit if there’s no demand for land clearing services. That’s why you need to time your business right to get the most profit within the shortest time.
Thankfully, land clearance companies are the first to know any demand fluctuation in the construction industry. That’s because land clearing is among the preliminary activities of most construction jobs. In case of any changes in demand, you’ll get the heads up first.
A single land clearing job could rake in anywhere between a few hundred to tens of thousands of dollars. If you do proper research on demand, you can hit the ground running and make a killing a few weeks after starting your business. With the construction industry set to grow by about 4.7% between 2021-2025, there’s no better time to get in the game.
Know Your Competition
The land clearing business is a pretty competitive landscape characterized by cut-throat competition in most regions. It’s a good idea to do some research on the local competition to determine whether you stand a chance. For proper research on the competition, consider the following guiding questions:
- What value do they offer their clients?
- What strategies do they employ?
- What makes them unique from other land clearing companies?
Answering the above questions means you have a clear understanding of your competition. This also helps you learn more about the industry and help you figure out how you can gain a competitive edge. You can tailor your business to have qualities and services that set you apart from the competition.
Talk to the Experts
The number one mistake most new land clearing entrepreneurs make is think they can do everything on their own. This is especially true if you have no prior business experience or have never worked in the land clearing business before.
If you want to get your land clearing business off on the right foot, you best consult the experts. Insights from the experts will be instrumental to finding your way through an otherwise novel industry. These experts will shed light on some loopholes you should sidestep and connect you with important people in the industry.
The good news is many industry experts would be more than happy to share tips and secrets to thriving in the land clearing industry.
Make the Most of Money-Saving Opportunities
As we mentioned above, starting even a small land clearing business requires a ton of capital. Finding a few ways to cut your spending and spend cash will pay off then and in the future.
However, this doesn’t mean that you should be overly frugal with your budget. Remember, it takes money to make money. Having a healthy budget better places you to succeed, but ensure you make the most of any cost-saving opportunity you get.
The Land Clearing Process
Before you get down to business, you’ll first need a firm understanding of the land clearing process. This applies to those with no previous experience of land clearing. Here’s a breakdown of the entire process.
The site consultant inspects the site to determine the scope of the work and what equipment you’ll need. Mature trees will require larger and more powerful purpose-built mulchers. For underbrush, shrubs, and smaller trees, you’ll need the specialty-built mulcher.
Felling and Mulching
Once the inspection is done, it’s time to bring in the heavy equipment. You can cut down most trees and let the roots break down on their own. However, if it’s a building site, you must remove the roots so that engineers can plan for the building’s foundation.
Once everything is done, the last step is to clean up the place to ensure a clean landscape set for construction or any other activities.
Start Your Land Clearing Business Today
The information above is all you need to start your land clearing business the right way. Remember, it might take some time before your business picks, but be patient, and you’ll start seeing considerable profits. Never compromise on the staff you hire if you want to topple the competition.
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