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Last month we talked about “How to Run a Profitable Business in 2023.” This month, we’ve compiled a list of all the actionable tips we’ve shared with you over the years. Take the time to look over these list of tips/ideas/suggestions and make a list of those that can help you reach your S.M.A.R.T. (specific,…
A business owner must make a profit in order to maintain a successful business — no business can survive without it. While sales are essential for growth, it’s useless if the business is not making a profit along with those sales. Sales without profit will put a business at financial risk. Over the years of…
Owning and running any successful business starts with the effort you are willing to put into it every day. You’ve got to have a mission, vision & values, be organized, learn how to delegate, use proper equipment and have a great team at your side. Once you understand those key points, you’ll have a successful…
We often talk about “Understanding Your Numbers” in business, but what exactly does that mean? Understanding your numbers is more than just checking your profit and loss statement and consulting with your accountant a few times a year. To know your numbers, you have to know what all goes into those numbers. Field labor, materials,…
Making a profit in your landscaping business is crucial to controlling your finances and allowing you to pay yourself properly. It’s also crucial in order for you to properly put money away, pay your taxes, control your expenses through your operating expense account and to {obviously} – PUT PROFIT FIRST! Did you know… Eighty-three percent…
Owning and running a business is not for the faint of heart. It’s a constant balance between what you really need now to operate efficiently and with profit, verses what can wait. So often, as a business consultant, I see business owners make the mistake of doing things out of reactivity based on an upcoming…
Recently I hired a company to deliver firewood to my house. When the guy came to the door to tell me he was there to deliver and stack the wood, I noticed he had a crew of 6 people. Six people to stack a trailer full of wood that cost me $220. Immediately, my Profit…
Since The Green Executive® has started Profit First implementation, we’ve come to learn three things: Financial accountability is a must! A Profit and loss statement doesn’t mean shit. Mindset is everything. Once you can wrap your mind around these three things, your business begins to take shape in a whole new way and you go…
For the last 10 months, we’ve been working with Lawn Care and Landscape Professionals to help them understand how to streamline income through the Profit First method. This method has been such a game changer in the green industry, that we’ve decided to share some insider tips with YOU! To start streamlining income now, there’s…
What if you could use a proven cash flow system to ensure profits are first within your landscape company? A few weeks ago, Sahra and I had a Profit First meeting with one of our Profit First For Landscapers clients. Prior to that meeting, I analyzed their progress since the start of the program. Upon…