THE SNOWPLOW BLOGGER

 

How Snow Removal Contracts And Stock Portfolios Are Alike

Posted by Jodie Gilroy

Oct 1, 2012 7:00:00 AM

Diversify, diversify, and diversify! For those who have consulted with a financial advisor on investing in the stock market, this mantra is very familiar.  Similarly, when it comes to putting together a portfolio of customers for snow removal contracts the same cadence often applies – diversify, diversify, diversify.  Because of that, there are several pricing models that snow removal professionals offer to their customers when securing bids for the upcoming snow season. Particularly for commercial snow removal, a mix of models can prove to be successful as it provides diversification to accommodate for fluctuations in weather patterns. 

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Topics: Business Tips

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