TAG: financial

PLANET books landscape business management workshops

November 18, 2013By

In partnership with Landscape Management Network and Caterpillar, the Professional Landcare Network (PLANET) is bringing two-day landscape business workshops to five locations nationwide this winter. The workshops enable attendees to use their own company financial data to customize a plan for sales, wages, equipment and overhead spending, allowing them to calculate what their company needs to charge for labor, equipment... read more

10 business resolutions to beat the market

April 11, 2012By

For most of us, 2011 was challenging. The economy continued to be sluggish. Businesses struggled with rising fuel and labor costs against declining prices. New construction in many arenas was non-existent. Cash flow tightened. For many, it was a matter of hanging on tight and riding out the storm. The economy remains sluggish. Unemployment in the construction field is more... read more

How to calculate a company’s enterprise value

February 1, 2012By

By now you have closed out your 2011 financials and you might be asking what this thing is worth? It’s a metric you should quantify each year regardless of your perceived “exit” timeline.  Growing a company’s enterprise value requires planning, people, and perseverance. Great deals don’t just fall into an owner’s lap overnight. It takes planning and involves execution, typically... read more

How to fix the cracks in your landscape business foundation

April 12, 2011By

Last month I laid out the six pillars necessary to create a strong foundation. Now, here’s how to fix what’s broken. 1 Solid financial base: Improve cash position by understanding ratios. The first step in solving restricted cash flow problems is to regularly track two key balance sheet ratios: Quick Ratio, an indicator of a company’s short-term liquidity to meet... read more