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There are a million different headaches that come with running a business, but you donāt always have to reinvent the wheel to solve some of your problems. Sometimes, all you need to do is take a look in some of NALPās books. āOur publications are crafted by industry experts and trusted by landscape professionals nationwide, […]
Offering equity compensation to key employees can be a game-changer for your business, but itās important to go in eyes wide open on what equity does and doesnāt mean for your organization. When the rubber hits the road, donāt be blindsided by some of the legal and tax implications of equity compensation plans. Check out […]
Accounts receivable is considered an asset on your balance sheet, but if your company is struggling to collect payments from clients, it can quickly turn into a headache. āāCash is kingā in any business,ā says Andrew Trower, CPA and founder of Andrew Trower & Associates, P.S.C. āDelayed invoicing increases the time it takes to collect […]
The decision to offer equity compensation plans is just as personal as your exit plan. However, this benefit is often shrouded in misconceptions, preventing landscape company owners from giving it their full consideration. Fear of Losing Control Often, the word equity is confused with ownership. Many owners tend to be reluctant to even consider equity […]
When the majority of your business comes from referrals and word of mouth, what better way to measure your customersā loyalty and experience with your lawn or landscape company than with your Net Promoter Score? For instance, Woodlawns Landscape Companyās average NPS year to year is 90. They started collecting their Net Promoter Score in […]
From increased purchasing power to providing growth opportunities to team members, scaling via branches can be a powerful tool for your business. However, branches can also be a double-edged sword if you fail to sustain your quality levels and company culture. Centralizing Overhead Tasks One of the benefits of a branch structure is being able […]
In the war for talent, sometimes you can feel like David going up against Goliath. One piece of ammo you can consider for your slingshot is equity compensation plans for key employees. āIf you’re an owner-operator looking to maintain your viability in a market full of private equity-owned firms, then equity comp is an alternative […]
If you hadnāt heard of the company Ethoscapes five years ago, that would be understandable, as the business was created in 2023. However, since then, they have soared into the spotlight with their rapid M&A and organic growth. In 2024, the business was the second-fastest growing company out of Landscape Managementās Top 150, with 203% […]
How often are you going to get in a friendās car if you donāt even know where theyāre going? Similarly, itās going to be very hard to convince current employees and job candidates to stick with your organization if you donāt have concrete goals youāre aiming for. While youāll always have that handful who are […]
How long does it take to finalize a company rebrand? For Monarch Landscape Companies, based in Los Angeles, California, their CMO Karen Schakarov jokes it takes as long as carrying a baby to term. Monarch has grown rapidly through mergers and acquisitions since the company’s founding in 2015. Yet they did not have a clear […]
