Regardless of whether you plan on selling your business this year or 10 years from now, this is something you should be focusing on right now. Call them standard operating procedures or best practices, but the more systematic and efficient your company is, the more appealing it will be to a potential buyer. The good news is that creating these systems and policies will make your company more profitable now and more appealing later.

In this episode of Landscape Live, Ron Edmonds, president of The Principium Group, talks about the current state of the landscape market. He also discusses business acquisitions in the lawn and landscape space, the impact of the Brickman/ ValleyCrest deal (BrightView) and the impact of private equity. Finally, Edmonds covers who’s buying and who’s selling, along with how to make your business more attractive.