Timber Stone Contracting Group, founded by Andy Migacz in 2009, has grown from a small lawn mowing operation to a multi-million dollar business offering a wide range of home services. The company now boasts approximately 120 employees and generates $20 million in annual revenue.
In the beginning, Andy Migacz was mowing lawns and maintaining properties, slowly building his business with a keen eye on growth. By 2015, Timber Stone Contracting Group had expanded its services and was generating $1.5 million in revenue. Despite achieving this revenue milestone, Andy faced a number of challenges blocking further growth.
Challenges
- Understanding business financials and profitability
- Creating accurate and competitive estimates
- Efficiently managing overhead and operational costs
- Establishing accountability and goal-setting for crews
The lack of clarity in these areas hindered the company’s growth potential and operational efficiency.
Solution
In 2015, Andy turned to LMN Software to address these challenges. LMN’s comprehensive features, including estimating, budgeting, job costing, and time tracking, provided the tools needed to streamline operations and gain financial transparency.
“LMN has been transformative for our business. It has given us the tools to understand our financials, streamline our operations, and set us on a path of consistent growth. The ability to create quick and accurate estimates and track our progress meticulously has been invaluable. Our revenue has soared from $1.5 million to $20 million, and we owe much of that success to LMN.” — Andy Migacz, CEO of Timber Stone Contracting Group
The impact of LMN on this landscaping business
Improved Financial Understanding:
- LMN’s budgeting feature allowed Timber Stone to recover overhead costs through each estimate and set accurate revenue goals.
- Job costing provided insights into the profitability of each project, enabling better financial planning and execution.
Operational Efficiency:
- The ability to create quick and accurate estimates for landscaping jobs has saved significant time. A million-dollar proposal can now be generated in just a few hours.
- Tracking progress on a daily, weekly, and monthly basis helped identify and rectify issues promptly, ensuring smooth operations.
Strategic Growth:
- With LMN, Timber Stone could set and achieve ambitious growth targets. From $1.5 million in 2015, the company grew to $18 million in 2023 and is projected to reach $20 million in 2024.
- The software facilitated the management of large-scale projects and the expansion of service lines, including landscaping, carpentry, and painting.
Enhanced Customer Experience:
- Andy’s focus on customer satisfaction has been supported by LMN’s CRM functionality, allowing him to promise and deliver exceptional service.
- The company’s ability to handle large and complex projects, such as million-dollar residential transformations, has set it apart in the market.
Conclusion
Timber Stone Contracting Group’s journey from a small lawn mowing business to a $20 million home services powerhouse is a testament to the impact of LMN Software. By providing the tools necessary for financial clarity, operational efficiency, and strategic growth, LMN has enabled Timber Stone to thrive in a competitive market. This goes to show how adopting the right software like LMN can transform a business, driving success and growth in the long term.
