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TAG: profit

How to measure efficiency

October 22, 2014By

Another day, another tool forgotten at the shop. Someone left the site to drive back to get it. Then someone else had to drive to a vendor to get more stakes. The Simpson job was supposed to be finished in five days, but it’s day seven and counting. The mistakes never stop, but is this normal? Just how bad, or... read more

Get paid now

October 22, 2014By

Who doesn’t want to have money coming in sooner? While there are generally accepted practices within any industry, changes in the following 10 areas could help quicken payment. 1. Invoice quickly. The sooner you send an invoice, the sooner you get paid. If you can automate your invoices, you can deliver them more quickly. Emailing invoices is better than mailing... read more

Landscape Management Network online business tools

October 16, 2014By

Let LMN show you how simple it is to run a more profitable landscape company. A few of the services provided by LMN include: ·       Intelligent estimating ensures everyone bids with confidence ·       The smartest scheduling in the industry ·       Mobile timetracking with GPS for real-time crew monitoring, payroll and jobtracking ·       Syncs with Quickbooks for one-click payroll, jobcosting and... read more

Profit Power: 7 steps to double your income

August 19, 2014By

I spent a week in Maryland earlier this month. We boated around Washington, D.C., and Annapolis, plus I spent two and a half days leading a peer group retreat with nine contractors from around the country. It was a special time because everyone brought his or her spouse. One of the participating companies had built up a solid business over... read more

Information and accountability in the workplace

July 2, 2014By

My partners and I gather the financial data from many of our clients nationwide, dump the information into a big cauldron, stir it around and run some interesting benchmarks to provide you a report card about the successes of 2013. This year we isolated the predominately landscape maintenance firms—30 of them—totaling $251,481,724 in annual volume for fiscal 2013. The range... read more

Voila! You have a budget

January 14, 2014By

OK, it’s January. You should have your budget completed for this 2014. You do, don’t you? Uh-oh, you don’t, do you? Why is this budgeting thing always such a struggle? Would you ever go on a long trip without a road map? Would you ever contract a large job without an estimate? Of course not. And, it follows that you... read more