Home
/
Blog
/
Land surveying: the result of a case and 135 days of waiting
Case Studies
Services

Land surveying: the result of a case and 135 days of waiting

Oleksandr Solovei
Oleksandr Solovei
CEO & Co-founder Finmap

«A hundred and seventy cases in progress. Three crews, eight people, clients calling every day. And sixty thousand in the account, and once again I am wondering whether it will cover the wages» — that is how Taras, who owns a land surveying firm in a regional capital, opened the conversation.

Sound familiar? The crews are in the field every day, the total stations never sit idle, the engineers work late over the office processing, there are more cases in progress than last year. And the money in the account behaves as though you were working at half capacity.

The reason is almost always the same. A surveying firm measures itself by the number of cases in progress. But a case in progress is not money. It is your costs, already incurred, plus half the payment that will arrive when the state finishes its part of the work. And the state is in no hurry.

In this article we break a surveying business down into two units: the case and the day of a field crew. And we add a third dimension that none of our other articles has — the time between work completed and money received for it.

The founder's path: from one total station to three crews

Taras started alone, with a second-hand total station and an old off-roader. He took everything: subdivisions, mergers, boundary setting, topographic surveys. He counted simply — contract minus fuel minus state fees, the rest is yours.

Three years later he hired his first engineer, after five a second one and a GNSS receiver. By year eight the firm had three crews, a lawyer and an administrator.

That is exactly when the clarity disappeared. There were three times as many cases, three times the turnover. And no free money appeared at all.

«When I worked alone, I knew everything about every case: where it stood, what I would earn on it and when. Once there were a hundred and seventy cases, I stopped knowing anything about them beyond the fact that they exist.»

Why «the number of cases» says nothing about money

A case in progress looks like an asset. In fact, at most stages it is a pure liability: you have already been to site, already processed the data, already paid the state fees out of your own pocket — and the second half of the payment will arrive after registration.

So a hundred and seventy cases in progress are not a hundred and seventy sources of income. They are a hundred and seventy lines, some of which have already brought money, some will bring it in a month, some in six months, and some never will.

While they all sit in one list called «in progress», you cannot answer even the most basic question: how much money will arrive in the next thirty days.

Life before cases became lines

The state Taras lived in for almost four years is recognisable to any firm that has grown from one person to several crews.

  • The records were a case register. It showed which case was at which stage, but it did not show a single hryvnia.
  • State fees were paid from the current account and dissolved into general costs, because «it is only kopecks» — while in total they came to more than the administrator's salary.
  • Nobody counted repeat visits. The crew simply drove out again, because «it was necessary», and that day vanished without trace.
  • Advances and balances sat in one pile. Looking at an incoming payment, it was impossible to tell whether it was a new case or an old one closing.
  • A stalled case looked identical to an active one. Both were «in progress», although one had been waiting on the client for eight months.
  • Seasonality was treated as weather. Winter is worse — and that was the whole explanation available.

Not one of these problems was a surveying problem. All six were accounting problems, and that is exactly why neither the engineer nor the bookkeeper ever saw them.

What the result of a single case is made of

Take a typical order: subdivision of a land plot, a contract for ₴18,000.

What the manager sees

The quote usually carries two or three lines: the crew visit, state fees and extracts. Together ₴6,100. That leaves ₴11,900 — and this is the figure people quote when they say «our margin is sixty per cent».

What never makes it into the quote

And now the same case, counted honestly.

ItemIn the quoteIn reality
Contract with the client₴18,000₴18,000
Crew visit with GNSS, one day₴4,200₴4,200
State fees and extracts₴1,900₴1,900
Office processing by the engineer—₴2,600
Approvals, courier, notary—₴1,400
Share of the lawyer handling the case—₴2,100
Left for the firm₴11,900₴5,800

Six thousand one hundred hryvnia of difference on a single case. Across a hundred and seventy cases a year that is over a million hryvnia that simply does not appear in any report — it is dissolved into «general office costs».

The key point: you will receive this money in four and a half months

And here is what separates surveying from every other business we have taken apart. Even those ₴5,800 are not today's money.

The payment structure is almost always the same: half as an advance on signing, the rest after registration in the state register. Between those two events, four and a half months pass on average — and not one of those days depends on you.

«I do not compete with other surveyors on speed. My crew does the measurement in a day. After that we all stand in the same queue, and there my speed counts for nothing.»

This means your operational efficiency is capped by something you do not control. You can halve your office processing time and not move the payment date by a single day.

The advance that does not cover the work

There is one more detail, visible only once you lay a case out not just by amounts but by dates.

The advance is half the contract — ₴9,000. And here is what you manage to spend before the case is submitted for registration: the crew visit ₴4,200, state fees and extracts ₴1,900, office processing ₴2,600. That is ₴8,700 in total.

In other words, the advance covers your work at exactly break-even — three hundred hryvnia are left. The approvals with courier and notary (₴1,400) and the lawyer's work on the case (₴2,100) are already financed out of your own money. By the moment the case reaches the registrar, you are ₴3,200 in the red — with four and a half months of waiting ahead.

Multiply by sixty cases running at once and you can see where the need for an overdraft comes from while the crews are fully booked.

«I used to think the advance was a safeguard. It turned out to be exactly my cost, just without the profit. Everything after that I finance myself.»

The conclusion is simple and unpleasant: a fifty per cent advance is not protection. For cases with long registration, protection would be an advance of sixty to sixty-five per cent, or a separate payment at the «submitted for registration» milestone. This is not a question of trusting the client — it is a question of who funds the waiting.

Sixty open cases are half a million of frozen money

Let us see what that means physically. At any given moment Taras has roughly sixty cases in the state of «work done, registration under way». On each of them the second half is outstanding — on average ₴9,000.

Sixty times nine thousand is ₴540,000 that lies permanently, every single day, in somebody else's office. This is not overdue debt and not a bad client. This is the industry's normal operating mode.

That is exactly where the feeling comes from that the firm works more while the money does not grow. Every new case is not only future income but also a subtraction from your cash for four and a half months ahead.

Three types of case, and they are completely different

When Taras broke his cases down by type, it turned out these are three different businesses altogether.

Type of caseContractNet resultDays to full payment
Plot subdivision₴18,000₴5,800135
Technical documentation₴9,500₴2,400180
Topographic survey for construction₴26,000₴11,30025

Why the topographic survey is the best, though not the dearest

A topographic survey does not depend on state registration. You carried out the survey, handed the plan to the designer — you got paid. Twenty-five days instead of a hundred and thirty-five.

Compare two cases across a year of one crew's work. A subdivision brings ₴5,800 and takes money out of circulation for four and a half months. A survey brings ₴11,300 and returns the money in three weeks. The difference is not twofold — it is manifold, once you count how many times the same money manages to turn over.

And technical documentation, the cheapest and longest type, at ₴2,400 of result and six months of waiting, effectively runs at zero.

The field crew day: the second unit

The first unit is the case. The second is a day of field crew work, because that is what limits how many cases you can physically take on.

A crew of two people, a vehicle and GNSS costs ₴4,200 per visit. In a month it makes eighteen productive visits. Anything beyond that is weekends, overtime or poor-quality work.

So the limit of your firm is not the number of clients but the number of crew-days in the season. And every day spent on a case worth ₴2,400 is a day that will not exist for a case worth ₴11,300.

The repeat visits that are not in the contract

Why the crew drives out a second time

The contract specifies one visit. In real life there are two, three or more.

  • The neighbour did not turn up for boundary agreement. The crew arrived, stood around, drove back. A day spent, no document signed.
  • The boundary markers were not found. Archive materials had to be pulled and a second visit made.
  • The client was wrong about the plot. You measured something other than what was needed.
  • The registrar returned the documents. One error in the coordinates and the crew drives out to clarify.
  • Boundaries changed after agreement. The client struck a different deal with the neighbour than the one you started from.

What it actually costs

If a case takes on average 1.4 visits instead of one, your real visit costs not ₴4,200 but ₴5,880. In the example above that turns ₴5,800 of result into ₴4,120 — nearly a third gone.

Crucially, this is not evenly spread. There are clients and districts where approval goes through first time, and there are those where a second visit has become the norm. While visits are not booked against a specific case, they all look the same and stay invisible — and you keep selling loss-making districts at the same price as profitable ones.

«Nobody logs a second visit as a separate event. For the crew it is just another working day. For the firm it is thirty per cent of margin gone without trace.»

Stalled cases: when the client does not bring the document

A separate category nobody counts is cases stuck not because of the state but because of the client. Did not bring the certificate of inheritance. Cannot find the neighbour. Did not pay the second half and vanished.

Such a case is formally «in progress», and in the register it looks exactly like an active one. But your costs on it have already been incurred in full, and the second half of the payment will not arrive until the client stirs.

Taras turned out to have fourteen of these out of a hundred and seventy. Average age: eight months. Together they were holding ₴126,000 of unreceived money, and not once had they appeared in any report as a problem.

Cases that never reach registration at all

There is a worse scenario too. Roughly twelve per cent of cases never complete: a boundary dispute goes to court, heirs fall out, the client changes their mind about selling.

You took the advance, did the work, paid the state fees — and that is the end of it. There will be no second half.

Spread those losses across the whole portfolio and every case gets about ₴2,100 cheaper. This is not force majeure and not bad luck — it is a constant of the industry that has to be built into the price exactly like fuel.

Seasonality: an autumn peak and a winter pit

Surveying is seasonal, but not in the way construction is. The peak here is in autumn: everyone wants to file their documents before the end of the year. November and December are the busiest months.

The money for that peak, however, arrives in March and April, because registration takes its four and a half months. In January and February the crews barely go out — snow, frozen ground, invisible boundaries — while wages, rent and leasing run on.

What it looks like in numbers

Here is a year at Taras's firm, with work and money in separate columns.

MonthCrew visitsReceipts
October54₴180,000
November62₴165,000
December58₴150,000
January12₴210,000
February14₴95,000
March31₴330,000
April44₴395,000

Look at November and April. In November the crews made sixty-two visits — the most of the year — and brought in ₴165,000. In April there were a third fewer visits and more than twice the receipts. That is the money for the autumn work, simply arriving late.

And look at February: fourteen visits, ₴95,000 of receipts — and full wages for three crews, rent, GNSS leasing. This is the deepest point of the year, and it is entirely predictable.

Why «just work more in winter» does not solve it

Because in winter there is neither the work nor the weather for it. The classic trap of a seasonal business with deferred payment looks like this: the most work and the highest costs in November, the least money in February, and payment for the November work only in April.

The only thing that genuinely works here is knowing that pit in advance and entering it with a cushion built from the spring receipts. But for that you need to see both curves, not one annual turnover figure.

«For four years I took a loan in February and every time treated it as a coincidence. When I saw the table, it turned out my February is identical to within a week. That is not a coincidence, that is a schedule.»

What changed once cases became lines

Taras did three things. Every case got its own line with its type, full cost, number of visits and two dates — when it was submitted for registration and when the second half arrived. Repeat visits started being booked against the case they came from. And stalled cases were pulled into a separate list with an owner.

Within two quarters this became visible:

  • Technical documentation was running at zero. The cheapest type of case consumed a quarter of all crew-days and delivered four per cent of the annual result. The price went up by thirty per cent — half the clients stayed, the rest went to competitors along with the losses.
  • Repeat visits averaged 1.4 per case, but unevenly: in two rural councils boundary agreement failed three times as often. For those districts a separate line for a repeat visit was added to the contract.
  • Stalled cases started moving. Simply because a list appeared, and a person who phones once a week. Eleven of the fourteen closed within a quarter — that is ₴99,000 already earned but lying dead.

None of these decisions required new clients or a fourth crew. They required seeing the case as a unit — and seeing how many days it holds on to your money.

Insight for owners. When part of your cycle depends on a third party — the state, a bank, a marketplace — operational efficiency stops being the main lever. The main lever becomes portfolio structure: what share is taken by orders that wait for nobody. You have to grow that share deliberately, not merely have it.

A few closing tips

  • Count the result of every case after processing, approvals and the lawyer, not the gap between the contract and the state fees.
  • Keep two dates on every case: submission for registration and receipt of the second half. The gap between them is the credit you are extending to the state.
  • Split cases by type and count each separately. The cheapest type often runs at zero and eats crew-days.
  • Book repeat visits against the case they came from. Within a quarter you will see which districts and which clients cost you more.
  • Pull stalled cases into a separate list with an owner. This is money already earned — it just needs collecting.
  • Build the share of cases that never reach registration into your price. It is a constant, not bad luck.
  • Grow the share of work that does not depend on registration. A topographic survey turns the same money over five times faster than a subdivision.

Money does not disappear — you simply do not see it

Surveying looks like a business where accuracy and crew speed decide everything. In fact accuracy is the entry ticket, while the money is decided by two other things: the structure of your case portfolio and the number of days your money spends in somebody else's office.

None of these costs disappears on its own. But the moment a case becomes a line with its own result and its own dates, it becomes visible which type of work feeds you, how much money is standing in the queue — and what to do about it as early as next week.

Table of Contents
Check the Status of Your Business's Financial System
Order Financial Diagnostics
Oleksandr Solovei
Oleksandr Solovei
CEO & Co-founder Finmap
  • 15+ years in business.
  • Serial entrepreneur, founder of 3 companies.
  • Entrepreneur of the Year according to MC.Today.
  • Speaker at Unit School of Business, LABA, Defence Builder, Impactpreneurship 2.0 from the UN, Vector of Reconstruction.

Recommended for Entrepreneurs

Frequently asked questions

How do I calculate the real result of a single case?

From the contract amount subtract the crew visit, the state fees and extracts, the engineer's office processing, the approvals with courier and notary, and the lawyer's share of running the case. What's left is the case's net result. Compare that figure across work types and clients — not the gap between the contract and the state fees, which overstates your margin roughly twofold.

Because at most stages an open case is a liability, not an asset. The visit is already paid for, the fees came out of your own pocket, the office work is done — and the second half of the payment arrives only after registration. A hundred and seventy open cases are a hundred and seventy lines: some have already brought money, some will in six months, and some never will.

For cases that depend on state registration, an average of four and a half months from filing to the second half landing. That isn't an overdue receivable or a bad client — it's the industry's normal mode. What matters is keeping two dates on every case: when it was filed for registration and when the money came in. The gap between them is the credit you are extending to the state.

No. In this article's example a 9 000 ₴ advance covers the visit, the fees and the office work exactly to zero, while the approvals and the lawyer's work — another 3 500 ₴ — are financed out of your own money. At the moment of filing you are 3 200 ₴ in the red on every such case. For long work types, protection would be an advance of sixty to sixty-five per cent, or a separate payment at the "filed for registration" milestone.

Book them against the case they came from, together with the reason. If a case averages 1.4 visits, your real visit costs 5 880 ₴ rather than 4 200 ₴ — almost a third off the result. Within a quarter you'll see that repeat visits are not spread evenly: there are districts and clients where boundary approval collapses three times as often, and those deserve a separate line in the contract.

Move them to a separate list with one person responsible who calls once a week. Formally they look no different from active cases, but your costs on them are already fully incurred. In the article's example, fourteen stalled cases were holding 126 000 ₴ of money already earned, and a simple weekly call closed eleven of them in a quarter.

Count every type separately — by net result and by days to full payment. It usually turns out that work independent of registration (topographic surveys, as-built documentation) returns money in three to four weeks instead of four and a half months. That is the share to grow: the same money turns over many more times a year.

Because seasonality and deferred payment stack up. The work peak is November and December, when everyone wants to file before the year ends. The money for that peak arrives in March and April. In January and February the crews barely go out, salaries and leasing keep running, and almost nothing comes in. That isn't chance — it's a schedule that repeats to within a week, and you can see it coming.

Any questions left?
We are ready to answer them.
WhatsApp
Telegram
Finmap
Finmap support

Money Doesn't Disappear. You Just Don't See It.

Get a personal financial diagnosis or a Finmap demo — and see your business from a new perspective.

Ask Your Question to a Finmap Expert