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hlbennettpls
(@hlbennettpls)
250+ posts Member
Joined: 3 years ago
Posts: 318
December 4, 2018 8:21 am  

What are you guys doing in your business to keep from "having your eggs all in one basket"?  Currently we have a bulk of our business tied to the housing and construction industry and that has me quite concerned.  We were able to survive the Great Recession basically because of our name and how long we had been in business here we had lots of contacts built up.  However in that span of time we did branch off and do some other things such as utility easements, and environmental services, but they really weren't things we "attacked" when the housing market went away.  I'd like to actively pursue some other avenues and am currently looking into wetland delineation as one of these.  I've also heard that asset management for GIS is another good diversification method not solely tied to the market.  I'm looking into these, but are other ways that a typical "boundary surveyor" can diversify their business into markets not tied to growth and construction?  Thanks in advance.


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Norman Oklahoma
(@norman-oklahoma)
2,500+ posts Member
Joined: 3 years ago
Posts: 3999
December 4, 2018 8:38 am  

I think it wise to have some part of your business in the public works sector. 

"Convention is like the shell to the chick, a protection till he is strong enough to break it through." Learned Hand


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Just A. Surveyor
(@just-a-surveyor)
500+ posts Member
Joined: 1 year ago
Posts: 959
December 4, 2018 9:27 am  

Well with the proliferation of legal recreational marijuana I may start growing and distributing to whoever wants to buy.

Steven Provenson
My Stripper Name is; Just A. Surveyor
Excuse me while I whip this out!


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Daniel Ralph
(@daniel-ralph)
500+ posts Member
Joined: 4 years ago
Posts: 558
December 4, 2018 9:55 am  

How about just providing x-y-z coordinates where the $$$ is buried? Since the US banking system is not keeping up with the business model, there is no place to put the mountain of cash generated.  

Dan Moehrke, PLS


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hlbennettpls
(@hlbennettpls)
250+ posts Member
Joined: 3 years ago
Posts: 318
December 4, 2018 1:55 pm  
Posted by: Norman Oklahoma

I think it wise to have some part of your business in the public works sector. 

I agree and we do, albeit not as much as I'd like.


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TXSurveyor
(@txsurveyor)
250+ posts Member
Joined: 6 years ago
Posts: 339
December 4, 2018 3:59 pm  

Currently we are starting to offer drone services (photos, videos and eventually mapping).

asset management is the next on the list. Most surveyors missed this boat. These GIS guys coming out of college are smart and you can plug em to trouble shoot computer problems, CAD work, or make a pretty map. People pay for technology and a pretty pic. They even pay for more on our boundary work for an aerial overlay.

It won’t pay the bills but I charged a construction company double what it cost us to print 292 sheets of plans the  other day.

 


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hlbennettpls
(@hlbennettpls)
250+ posts Member
Joined: 3 years ago
Posts: 318
December 4, 2018 6:17 pm  

Yeah I'm talking to a drone guy next week as we are thinking of moving in this direction as well.  Have lost several quantity surveys b/c we didn't use this technology.  I'd love to know how to get into asset management.  I can't seem to find anyone around here that knows much about it, but we are in a pretty rural area, so the utility guys don't have as much to deal with as the urban guys.


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Jim Frame
(@jim-frame)
5,000+ posts Member
Joined: 8 years ago
Posts: 5752
December 4, 2018 8:26 pm  

Well with the proliferation of legal recreational marijuana I may start growing and distributing to whoever wants to buy.

I have a brother-in-law and an in-law cousin who are doing wholesale grows, custom harvesting and lab testing in multiple states.  They figure there's a 5-year window of worthwhile profitability before the market gets too saturated to make good money.

Jim Frame
Frame Surveying & Mapping
609 A Street
Davis, CA 95616


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hlbennettpls
(@hlbennettpls)
250+ posts Member
Joined: 3 years ago
Posts: 318
December 5, 2018 10:28 am  

Stay on task guys...surveying only....lol.  Got a little smokie in here.


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Floyd Carrington
(@floyd-carrington)
250+ posts Member
Joined: 8 years ago
Posts: 273
December 5, 2018 1:04 pm  

Stormwater management: become a CPESC and CPSWQ and write Stormwater Pollution Prevention Plans (SWPPPs). Also do SWPPP inspections.

Around here the small SWPPP starts at 5K and the large SWPPP starts at 10K. SWPPP inspections start at $200.00 per inspection. I have had weekly inspections last for years (it adds up). A few years ago I have five weekly and two monthly inspections going.

 

Floyd Carrington LS, CPESC, CPSWQ
New York State Representative
on the Board of Directors of the
Northeast Chapter of the
International Erosion Control Association
www.nechapter-ieca.org


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