Advanced: Estimating

One of the most difficult (and important) things you can do with your landscaping business is create proper estimates. Consistency is key and with LMN's Estimating tool, we've made it easier than ever. Guesswork is the death rattle of great business. Let us help you get it right now and with every client to come.
Take guesstimating out of your vocabulary for good.
Estimating can be a breeze!

Pricing

Step 1: Introduction to Estimating

This video gives you a brief introduction to LMN’s estimating catalog – a list of your standard costs and prices that will make estimating more efficient, more consistent, and more profitable.

Step 2: Field Labor Budget

This video is a detailed breakdown of how to calculate what you need to charge, per man hour, to cover the costs of your crews wages, downtime, overtime, labor burden, company overhead and profit.

The result is an hourly rate that you need to charge to cover your costs, your company’s overhead, and a fair net profit.

Downloads

  • Calculator: OT Wage & Factor - DOWNLOAD
  • Calculator: Unbilled Factor - DOWNLOAD
  • Net Profit Margin vs. Net Profit Markup - DOWNLOAD
Step 3: Pricing Equipment

This video will walk you through the process of calculating equipment costs and prices for your contracting company. First, we’ll calculate an hourly cost for your equipment – including purchasing costs, operating costs, and fuel costs, then, combined with your budget, the costs will be marked up to cover your company’s specific overhead and profit.

We want to help you ensure that your equipment costs are paid for by your customers, and not coming out of your profit.

Downloads

  • Calculator: Equipment Group Cost - DOWNLOAD
Step 4: Pricing Your Materials

This video will cover how to price your materials to cover all your material costs as well as the overhead and profit calculated directly from your company’s operating budget.

Step 5: Pricing Subcontractors

This video will cover how to price your subcontractors to cover your costs, your risks, your company’s overhead and your company’s profit.

Step 6: Pricing Other Items

Other items are items that don’t fall into the categories of labor, equipment, materials or subcontractors. It’s also a handy category for items that you don’t want/need to recover overhead on. Watch this video to learn what other items are, and how to cost and them using LMN’s budgeting and estimating software.

Step 7: Work Area Templates

This video explains what LMN’s Work Area Templates are, and how to build them to create an estimating system that’s consistent, repeatable, reduces mistakes, and is the fastest and most accurate way to price most standard types of work.


Estimating

Step 1: LMN Estimating Overview

Watch this video for brief overview of LMN Estimating, including some of the key changes from previous versions and how the default budgets affect your estimate pricing.

Step 2: Estimating Install & Construction Jobs

LMN’s landscape estimating software for construction and installation jobs not only helps you build estimates faster, it ensures your estimates cover your company’s costs, overhead and desired profit. Print proposals for customers in a variety of different formats, and generate job planners for the crews, all from one simple screen.

Step 3: Estimating Service Jobs

LMN’s landscape estimating software for service and maintenance work not only helps you build estimates faster, it ensures your estimates cover your company’s costs, overhead and desired profit. Print proposals for customers in a variety of different formats, and generate job planners for the crews, all from one simple screen.

Step 4: Adding Notes for Client Proposals & Job Planners

This video shows you how to add notes for your client (proposal notes) and notes for your crew (job planner notes) on your LMN estimates.

Step 5: Changing Estimate Prices

This video will show you how to override your budget pricing and setup a specific price, or specific profit margin for an estimate work area or service group.

Step 6: Changing Client Options in Estimates

This video will cover quick and easy shortcuts for building options for your clients into your proposals so that you can make modifications while you’re negotiating with your client. Make changes/additions/substitutions quick and easy and get them done during the meeting instead of going back to office to make revisions.

Step 7: Changing Tax Settings in Estimates

This video will guide you through changing tax settings on estimates. You can change taxes to apply different rates (such as a different rate by state, county or city) or you can change tax settings based on the type of work (e.g. hardscapes are taxable, softscapes are not).

Step 8: Measuring Jobsite Areas with LMN

Here’s how to use LMN’s landscape estimating software to measure sites and print street maps for crews and deliveries.

Step 9: Estimates as Estimating Templates

Work Area Templates are a great tool for quickly estimating parts of an estimate (like a driveway), but you can also save and use entire estimates as templates. Especially handy for maintenance and snow and ice quoting, this video will show you how to save a ‘generic’ estimate for a small residential or medium commercial and use it as a starting point for any/all jobs that roughly match the same size/specs. Setting up estimating templates can save you tens and even hundreds of hours per year instead of building every estimate from scratch.


 

Contact us.

Still have a question regarding our software or how to do something specific within your account? We're here to help make this a great journey. Don't hesitate to contact us at support@golmn.com.