COVID-19 is hurting many companies and businesses not only in the U.S. A large number of businesses have closed their doors. On the other hand, some are registering new and returning customers. Are you in the landscape field? What challenges are you facing? Or are you seeing growth? Do you need additional financing, such as a cash advance?
COVID-19 Impact on Landscape Businesses
The U.S. business landscape has been undergoing radical changes in recent months. These days, it’s common to see businesses closing, but many in the landscape field have also witnessed growth instead of losing revenue and laying off workers.
E.g., the story of two coworkers who started their own landscape business two years ago. Since the launch, they’ve been witnessing steady growth and building business with large companies in the corporate landscape space. In 2020, Mike DiFabbio and Juan Hernandez, the owners of Encore Landscape Management, saw even a busier year for their Phoenix company.
This is one of the examples of how a business has escaped the COVID hit. To make it through the COVID-related challenges and create bases for success, you should make adjustments to your business.
E.g., you might need access to additional working capital. To get easy access to business funding, you should work with an expert alternative online provider of a cash advance or another type of financing. Make sure the rates are the cheapest in the space.
The State of the Landscape Industry
Overall, the landscape industry hasn’t felt the devastating effects caused by COVID-19. It continues to be busy, as a nationwide survey by the National Association of Landscape Professionals (NALP) reveals.
Moreover, the revenues of 60% of landscape companies have surpassed pre-COVID expectations. Over 300,000 landscape jobs have been reported vacant. Additionally, 62% of lawn care companies have reported larger revenue projections. 53% of landscape maintenance firms and 50% of design/build firms have reported similar expectations.
Landscape Industry During COVID-19
Many businesses in the landscape industry have been able to stay afloat across the U.S., unlike others that are striving to keep their heads above water. If you’re experiencing difficulties and need funding for your business, turn to a reputable alternative online lender in the country.
Author Bio: Michael Hollis is a Detroit native who has helped hundreds of business owners with their cash advance solutions. He’s experimented with various occupations: computer programming, dog-training, accounting… But his favorite is the one he’s now doing — providing business funding for hard-working business owners across the country.