You are here: Home
Business
Finance
Toronto Landscaping Company Predicts Tough Financial Forcast For Small...
Toronto Landscaping Company Predicts Tough Financial Forcast For Small Business Owners Ahead of 2010 HST
Toronto Landscaping company, Applewood Acres Gardening & Landscaping predicts tough financial road ahead for many small business owners in light of McGuinty HST implementation
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 17, 2010 --
Operating a business in Canada over the past two years, amidst one of the worst recession’s to hit the country in decades has been a challenging task for most business owners.
Richard (Rick) Brzakala, owner of Mississauga Applewood Acres Gardening & Landscaping has been among a select few entrepreneurs who’s businesses has managed to buck the trend and flourish in these tough economic times.
Brzakala estimates that Applewood’s business has grown 20% since late 2007. He attributes much of the success to an increasing and growing consciousness amongst consumers and homeowners about the dangers associated with cosmetic pesticides and the increasing demand to move towards service providers, like Applewood, who practice organic land care and safe alternatives to pesticides.
Brzakala, foresees storm clouds on the horizon that may challenge his business success and for the industry as a whole in the Ontario marketplace.
This coming July, the McGuinty government is set to harmonize the 8% Provincial Sales Tax with the 5% federal GST. Brzakala expects that the 8% increase will result in sizeable decreases in revenue’s for many companies as more consumers and homeowners decide to stay off landscaping projects or even basic weekly lawn care services.
Landscaping has been a tough business to compete in. Last year’s tax reno credit (that also included landscaping work and materials) is gone. McGuinty’s ban on cosmetic pesticides did not help those service providers who could not remarket or rebrand themselves as more environmentally friendly. Many were forced to cut back employees or altogether fold up their businesses.
I think basically two choices for business like ours, says Brzakala : we can either down load it on our consumer or we make a business decision and eat the cost of the 8% on their behalf. Either way as Brzakala describes, it’s a big piece of pie to swallow.
Applewood has decided to hold their service prices for yet another year. It has been 2 years since they made any significant increases on the base price of the services Applewood offers to its GTA clients.
In respect to the additional 8%, Brzakala is optimistic that many of our clients will recognize that it is beyond our control and it is something that impacts everyone, regardless of industry.
We will, as always, give our clients more, says Brzakala. Whether its providing a free spring clean up, gutter clean out, or a no-charge fertilizing or aeration visit, we will make up the difference and show that we want to keep their business but give back some valued added services free of charge.
As an organic company, we have done a lot for our customers in sacrificing a potentially higher revenue stream. Our clients recognize that organic landscaping is a bit more expensive than other types and the loyalty Applewood enjoys from its client base comes from them knowing that at the end of the day they are helping us practice responsible horticulture.

Where: New York,United States
Industry: Business Services

Where: Jerusalem,Israel
Industry: Business Services
Where: Penang,Malaysia
Industry: Business Services
Post your news to the World.See you news here immediately. It's easy and free!
Create free account or Login.



