Pest Management Professional, November 2015
s p o n s o r e d b y Business 101 Employment issues tax codes new regulations equipment investments whats not to love about running a professional pest management firm By heAther gooch editor w ith the exceptions of the mafia and the county morgue the inevitabilities of death and taxes weigh heaviest on pest management professionals PMPs Come to think of it tax worries probably dont ping too high for a Mafioso at least not like it does for a PMP In actuality in the 2016 Pest Management Professional PMP State of the Industry report respondents named taxes as only their No 2 business concern They cited healthcare costs as No 1 but only by 003 of a percentage point in their respected weighted averages 366 vs 363 Business insurance costs were third 356 followed by the economy 343 and then fuel 336 and labor 331 costs By comparison issues like customer cancellations and delinquent payments tied at 258 real estate costs 247 and do ityourself DIY competition 243 seemed to be minor nuisances to our readers Respondents also looked to ranking their business priorities and all nine possibilities seem to weigh equally heavily on them A look At the ledger sheet Are your sales jumping or slumping 2014 2015 to 2015 to 2016 Up 100 or more 3 4 Up 50 to 99 4 3 Up 25 to 49 20 22 Up 10 to 24 36 33 Up 5 to 9 18 24 Up 1 to 4 13 8 Flat 1 2 Down 1 to 4 2 2 Down 5 to 9 1 0 Down 10 to 24 0 0 Down 25 to 49 1 1 Down 50 or more 1 1 Are your net profits jumping or slumping 2014 2015 to 2015 to 2016 Up 100 or more 5 2 Up 50 to 99 9 7 Up 25 to 49 7 12 Up 10 to 24 39 39 Up 5 to 9 19 23 Up 1 to 4 14 9 Flat 2 4 Down 1 to 4 1 1 Down 5 to 9 1 0 Down 10 to 24 0 1 Down 25 to 49 2 1 Down 50 or more 1 1 artwork istock com mypmp net Pest Management Professional november 2015 S13
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