Financing FAQs, answered
Damien Matherne, CFO of Clean Scapes, and Ivan Giraldo, president of Clean Scapes, share advice for working with banks and dealers to finance equipment. read more
Profit Power: 5 levels of financial management
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 perspective, and thus where you can improve. Level 1: Terrible — Unlucky results Companies that do only a year-end review... read more
Profit Power: Does your team have skin in the game?
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 are nine best practices for sharing ‘open book’ financials in a systematic way. KISS: Keep it super simple, sharing the... read more
DynaScape to host free financial leadership webinar series
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 to boost cash flow and explore strategies to survive the cyclical nature of the landscape industry. Landscape industry consultant and... read more
High Performance: Eliminating the cash crunch
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 conquered the seasonal cash crunch. What can we learn from these companies? First and foremost, they study their financials regularly.... read more
A/R: The keys to the kingdom
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 expenses in a timely fashion. It’s often also a sign there are other financial issues that will hamper growth and... read more
