LM StaffNov 3, 2023
Early bird registration for the January virtual event ends Dec. 1.
Sarah WebbNov 3, 2023
Damien Matherne, CFO of Clean Scapes, and Ivan Giraldo, president of Clean Scapes, share advice for working with banks and dealers to finance equipment.
Jeffrey ScottNov 3, 2023
There are five levels of financial management in the lawn and landscape industry. They range from terrible, poor, good, better to best. Where does your company operate financially? The following framework identifies where your company stands from a financial management…
Every company that's attempting to operate with open book management has suffered some kind of financial downturn and is using transparency of their financials to help turn around their profitability. But is that enough? Before I answer that, here…
LM StaffSep 6, 2017
DynaScape is hosting a free, three-part webinar series titled "Strategic Financial Leadership Webinar Series." During the webinar series, attendees will learn about emerging technologies in the landscape industry and how to thrive with them, how to understand the financial principles…
Phil HarwoodAug 14, 2023
Managing a seasonal business often translates into regular cash crunches, as both revenue and expenses ebb and flow throughout the seasonal cycles—and not in unison. The good news is there are plenty of companies in our industry who have successfully…
Daniel S. GordonNov 3, 2023
Cash is king, and healthy accounts receivable (A/R) makes for a sustainable kingdom that promotes an environment of profitability and growth. A business that doesn’t have control of its A/R usually will have poor cash flow and trouble meeting its…
Ron EdmondsNov 3, 2023
This post is part five of LM's "5 ways to improve your cash flow" series. Read the first four tips here. Despite its importance, many green industry business owners don’t have a clear understanding of their businesses’ cash-flow situations. Why?…
Marisa PalmieriNov 3, 2023
This post is part four of LM's "5 ways to improve your cash flow" series. Read on to part four, “Understand basic accounting,” here. “Bill as you go” is the default invoicing method for many landscape companies. Problems with this tactic…
Tim SmithNov 3, 2023
This post is part three of LM's "5 ways to improve your cash flow" series. Read on to part four, “Get paid consistently,” here. Most landscape professionals agree that a recurring revenue stream makes good business sense. But not everyone understands…
Cynthia McCahonNov 3, 2023
This post is part one of LM's "5 ways to improve your cash flow" series. Read on to part two, “Get credit before you need it,” here. If you’re up against a cash crunch, there’s a chance you didn’t see it…
LM StaffAug 16, 2023
Landscape professionals at Landscape Management's 2014 Lawn Care Forum share advice for maintaining a steady cash flow. You'll hear from the following lawn care operators: • Christopher Noon, Noon Turf Care • Matthew Noon, Noon Turf Care • Kevin Jardine,…
A reader recently asked us to cover the topic of finances for the “smaller” operator with just a few employees and less than $250,000 in annual revenue. I thought about it and recognized successful finances have nothing to do with…
What’s one easy way a company can improve cash flow? Landscape Professionals Richard Bare Arbor-Nomics Turf, Norcross, Ga. “Research every nook and cranny of the business (or hire a professional business analyst/consultant to do it). For instance, how much are…
They say “cash is king,” and the reasons why are many. To name a few: Lack of cash can damage relationships essential to business success. Consider the repercussions when you can’t pay vendors or make payroll. Cash flow is a…
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