5 Budget Tips For Commercial Property Managers

Each year, as a commercial property owner, you make a budget for landscape maintenance. And each year do surprising or unexpected costs arise? Even after careful planning, organizing and budgeting you may still be taken by surprise. You mean well, but you’re left wondering why you cannot stick to your budget? If this is you, you are not alone!

 

We are here to help. By following these five simple steps, you will not only meet your budget, but also come in under budget! Are you ready to write a budget you can count on to make it through the entire year? Let’s get started!

1. Have strong guidelines

Be very critical when it comes to your bid. Make sure it is specific to your wants and needs. Ensure that it includes how many visits, how many applications needed, how many services are desired and provided. To receive the most accurate bid possible every single detail needs to be accounted for in the contract.

2. Include extra expenses

Have you ever had a sprinkler head break or decided to include a property enhancement mid-year? Unexpected services are a common occurrence in the landscape maintenance world. There is no telling what may come up throughout the year so it is important to be ready when that time comes. Setting aside money now may be crucial down the road.

3. Ask questions

Don’t sign on those dotted lines until you ask some very important questions from your landscape provider. These can range from: What awards nationally or regionally has their company won? What is their company’s safety record? Does the landscape provider hire
certified, trained professionals? It is very important to make sure you have all your questions answered before you enter a contract.

4. Prioritize enhancements

Analyze which services or projects need to take place this year. Does your irrigation system need improved upon or modified? Does a flower bed need renovated? Do you have a turf conversion project to be done? These different projects can help keep your property in pristine condition; however, they can also influence your budget. Plan now to avoid unexpected expenses.

5. Hire a qualified landscape company

You may think that all you need from your landscaper is to ensure that your grass is cut and weeds are pulled. However, there is a lot more to choosing a quality landscape company. Search for a landscape provider that invests in the training and education of their employees. A landscape provider that guarantees that their legal workforce is held to a high standard whether that be by drug testing or by background checking their team. A professional landscape provider has a crew that holds industry certifications and also adheres to strict safety guidelines. In addition, you want a landscape provider that cares about the project, not just the numbers. Simply put, these types of landscape providers are a step above their competition.

What’s next?

Whether you are clear about the commercial property landscape goals or you need help to define a plan, take a moment, and schedule a consultation with your Project Manager at Terracare Associates. We at Terracare will help you achieve all your commercial landscape goals.

Schedule an Appointment.

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