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February 2024
Industry Insights
See How Other Industry Companies Performed in 2023
The outlook for 2024 is optimistic, with 64 percent of landscape professionals polled expecting to see increased profitability. NALP surveyed member contractor companies in November 2023 and received responses from 328 businesses across the country. Of those participants, 69% said they either met their budget goals or were within 1-9% above or below their profitability goals.
Better than Expected Services
Many companies reported certain services performed with higher-than-expected revenue. Forty percent of companies had higher-than-expected revenue in landscape maintenance and enhancements.
Installation (construction and plant install), irrigation installation or maintenance, and lawn care and pest control also had higher-than-expected revenue.
Installation was particularly strong for design-build companies, with 43% reporting better-than-expected revenue compared to 36% of all respondents.
For the commercial-focused companies, 34% reported higher-than-expected revenue in irrigation installation and maintenance (compared to 23% for all respondents). Forty-three percent of commercial businesses also had higher-than-expected revenue in plant and construction installation compared to 36% of all respondents.
Top Challenges
When it came to challenges, not surprisingly, 51% cited staffing issues as their top business challenge. Nearly 89% said they plan to add to their staff next year if they can find qualified employees.
Lower customer demand and higher cost of equipment and products were the other top concerns (at 17% each) for the general respondent pool. Residential-focused companies (23%) and lawn care companies (26%) reported consumer demand as the number one business challenge compared to commercial operations (9%).
The number one challenge for landscape maintenance companies was higher equipment and product costs, with 22% listing it as their No. 1 challenge.
Higher interest rates, supply chain issues, historically low snowfall, drought conditions, high staffing costs, and clients not being able to secure financing were some of the other issues respondents listed.
The higher interest rates were more of a concern for commercial-focused businesses than the rest of the respondents.
Spring is around the corner
Contact your sales representative for 2024 pricing!
Flumishield® SC Herbicide
Flumishield SC is a non-selective, pre- and post-emergent herbicide that provides long-lasting residual control of grass and broadleaf weeds.
Features & Benefits:
- Broad spectrum pre-emergent and post-emergent weed control
- Long residual pre-emergent control in beds and bare ground areas
- Mix with glyphosate or glufosinate for quick knockdown with residual control in and around established landscape plants
- Labeled for many sites
- Provides pre- and post- control of Poa annua and winter annual broadleaf weeds on dormant bermudagrass
Use Sites:
Dormant Bermudagrass on residential sites, golf courses, and sod farms; around established woody ornamentals in landscapes, container and field grown conifers and deciduous trees (including Christmas trees) Non-crop areas: around buildings, fencerows, gravel surfaces, driveways, ground mats and pads.
Effective Against:
Barnyardgrass*, Bittercress, Bluegrass, Chickweed, Crabgrass*, Dandelion*, Eclipta, Field pennycress, Florida beggarweed, Florida pusley, Foxtail* , Goosegrass*, Groundsel, Kochia, Lambsquarters, Morningglory, Nightshade, Palmer amaranth, Pigweed, Pineapple-weed*, Prickly sida (teaweed), Puncturevine, Ragweed, Redmaids, Russian thistle, Shepherd’s-purse, Spiny amaranth, Spurge, Velvetleaf, Waterhemp, Yellow rocket (*Pre-emergent control only) Active Ingredients: 42% Flumioxazin.
- Item #921292 – 8 fl. oz; 12/case
- Item
#921293 – 64 fl. oz; 4/case
For pricing and delivery options contact your salesperson.
Prodoxaben G Herbicide
Prodoxaben G is a selective combination pre-emergent herbicide for the control of grass and broadleaf weeds in established turfgrasses.
Features & Benefits:
- Broad spectrum weed control for established turfgrasses, lawns, and landscape ornamentals.
- Applied year round
- Stops weeds at germination - before they grow
- Controls over 150 weeds
Use Sites:
Established turfgrasses (excluding golf course putting greens), lawns and ornamentals, conifer and hardwood seedling nurseries, non-crop areas including rights-of-way for transportation systems and utilities (such as roadways, roadsides, railways, and equipment yards), facilities including substations, tank farms, pumping stations, parking and storage areas, non-grazed fence rows, and Christmas tree farms.
Effective Against:
Partial list of weeds controlled: Annual Bluegrass (Poa Annua), Barnyardgrass, Common Chickweed, Crowfootgrass, Wooly Cupgrass, Annual Foxtail, Goosegrass, Henbit, Itchgrass, Johnsongrass (from seed), Knotweed, Lovegrass, Pigweed, Common Purslane, Rescuegrass, Sprangletop, Witchgrass, Yellow Woodsorrel (from seed).
For pricing and delivery options contact your salesperson.
2023-24
Snow Prep Guide
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2023-24
Catalog
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“The goal is not to be better than anyone else but rather be better than you were yesterday.”
— Jon Gordon
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