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If youāve ever thought about selling the business, you probably have a number in your head for how much your company is worth. Unfortunately, this number is often disconnected from reality and will leave you disappointed once you meet with buyers. āEveryone hears about the headline multiple, like SavATree trading at 18 times earnings, and […]
Are you having the difficult conversations in your company, or are you avoiding important discussions in an attempt to keep the peace? Dr. JP Pawliw, co-founder of the Institute for Health and Human Potential and New York Times best-selling author, says this last 8% of the conversation that owners aren’t having is the gap between […]
How often do you find yourself wishing for more time in the day? Mark Pyrah, president of Peak Landscape, based in Hillsboro, Oregon, argues that the true problem landscape company owners are facing is decision volume. āYou’re making hundreds of small calls a day that don’t need you, and that’s not leadership; it’s being a […]
Itās common for landscape businesses to grow by word of mouth alone up until a certain point. Eventually, things stall, and they turn to advertising to keep the leads flowing in. However, this hasnāt been the case for Myatt Landscaping & Construction, based in Fuquay-Varina, North Carolina. Over the past 32 years, the company has […]
Buying or selling a landscape company is complex enough on its own, but one element that can easily be overlooked early on is the question of who owns the businessās real estate after the transaction is complete. How Real Estate Affects the Deal In this industry, itās very common for landscape company owners to either […]
There is no shortage of data you can track when it comes to your business. Each point of information provides insight into different aspects of your operations, but more data doesnāt automatically equal better performance for your company. What matters is selecting useful metrics that can be actively managed as KPIs and communicating these numbers […]
Requesting a deposit before starting on a clientās project does more than just provide cash to cover the costs youāre about to incur. It also indicates mutual investment. āIt shows the client’s serious,ā says Rob Ambler, president ofĀ Ambler Industries, based in Furlong, Pennsylvania. āThey understand that there’s the financial commitment to it, and then we […]
When you first started your business, chances are you were far more focused on making payroll than creating a strategic plan for your organization. However, as you continue to grow and scale, taking the time to develop a strategic plan can be critical for breaking through certain plateaus. āIf I could go back, I would […]
When it comes to methods to grow your business, franchising your brand is certainly the road less traveled, but for some owners, this strategy can make all the difference. āFranchising allows us to combine the strength of a nationally recognized brand with the passion and entrepreneurial drive of local independently owned and operating business owners,ā […]
As your company grows, it can feel inevitable to lose small bits and pieces that make up the soul of your business, but this doesnāt have to be the case. Focal Pointe, based in Caseyville, Illinois, grew more than 200% in three years without sacrificing their culture, values and customer experience that fueled their growth […]