TAG: budgeting

Why you need to get your budget ready for 2022

September 28, 2021By
(Photo: Jirapong Manustrong / iStock / Getty Images Plus)

Marty Grunder shares why budgeting is an important step to preparing your business and team for next year. read more

Budget for 2021 with our four-week plan

October 26, 2020By

Marty Grunder of The Grow Group and Grunder Landscaping Co. spells out how landscaping companies can budget for 2021 using a four-week plan. read more

Pay attention to hours and margins

July 23, 2019By
Data: Kevin Kehoe

Kevin Kehoe explains why you might be hitting your job-hour budgets but margins are down. He shares some tips to avoid overlooking this issue. read more

Profit Power: Vision, strategy, process — what’s missing?

December 17, 2018By

It’s the time of the year to finalize next year’s budget — ideally anchored by renewing your strategic vision and plan for your business. Here are some key areas where companies miss the mark when doing their planning. Vision is more than a statement. It is a clarification of what the business is supposed to look like in the future.... read more

Issue Brief: Long, hot summer in D.C.

July 11, 2017By

This summer, Congress has many difficult challenges ahead. President Trump’s budget proposal is one of the most daunting. The 2,000-page proposal outlines a $4.1 trillion 2018 budget request. Total spending is projected to be $4.1 trillion while total revenue is projected to be $3.7 trillion, leaving a $440 billion deficit in 2018. The budget also forecasts increasing revenue and more... read more

Pricing for risk

January 13, 2016By

The profit you earn on each of your services is driven by a few factors: The marketplace, how it’s priced and sold, how efficiently it’s produced and how much overheard you must recover. However, the profit you earn should ultimately reflect the risk associated with each service. The higher the risk, the higher the profit you should aim for. It’s with this... read more