business smarts Archives - The Edge from the National Association of Landscape Professionals

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business smarts

Franchisee Fit: Choosing the Right Partners Who Strengthen The Brand

Franchising your brand can allow you to scale rapidly alongside highly motivated business owners who have a vested interest in the success of their location. However, you first need to find these individuals. There are over 4,000 franchise opportunities available in the U.S. currently. ā€œSo, how do you become different in those 4,000 or one […]

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Business Smarts: Balancing Brand Standards and Franchisee Freedom

One of the biggest concerns when it comes to franchising your business is losing control of your brand. Josh Malik, CEO of Joshua Tree Experts, headquartered in Stockertown, Pennsylvania, says when he shared his dream of franchising, his team was afraid of this exact thing.Ā  ā€œIt’s actually quite opposite of that,ā€ Malik says. ā€œI’ve worked […]

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Five Common Strategic Planning Mistakes to Avoid

If you want to break through different revenue ceilings, strategic planning is a critical tool, but it is only useful if you outline measurable, accountable action along with it. ā€œThe definition of insanity is doing the same thing over and over again, expecting a different result, and most of the time building a tactical plan […]

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Long-Term or Short-Term? Choosing the Right Equipment Loan for Your Business

When purchasing equipment, you have to decide whether a shorter loan with a higher interest rate or a longer loan with a lower interest rate is the best choice for your business. The answer greatly depends on whether your cash can be deployed elsewhere at a return above the rate spread. ā€œAsk one question first: […]

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Shedding Hats: How To Sustainably Pass Responsibility to Your Team

Guest Post by Knowledge Tree Consulting  Picture the owner of a growing landscape company. At 6 a.m., he is loading the trailer. By 9, he is quoting a job; by noon, he is chasing an unpaid invoice; by mid-afternoon, he is smoothing over a crew dispute; and by evening, he is at the kitchen table […]

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The 101: Calculating the Cost of Capital for Your Landscape Business

When deciding where to invest money in the business, are you taking the time to calculate the cost of capital or going off gut instincts alone? While you may be able to afford the monthly payment on a new piece of equipment, you also need to ask if it is the best use of your […]

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The Fine Line Between Passing Along Costs and Protecting Partnerships

Rising fuel costs, inflationary pressure and cautious customer spending are all driving a tightening of the market currently. Landscape companies that have weathered past downturns say they are seeing a pullback on enhancements, irrigation repairs and other major projects currently. However, they say it’s not quite as grim as 2008. ā€œWe are seeing a little […]

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Lessons from 2008: How to Build a Landscape Company That Can Weather Economic Uncertainty

Hard times can seem a lot less intimidating if you’ve weathered similar storms before. However, if your business is on the newer side, chances are your company didn’t even exist during the Great Recession. While the current economic situation isn’t quite as bad as in 2008, some landscape companies are already seeing clients delay enhancements, […]

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Designing a Facility Supports Crews and Company Growth

If you’ve decided it’s time to upgrade your facilities, either through expansion or relocation, this investment only pays off if you can thoughtfully design the space around your team’s true needs. Ideally, your new facility should boost productivity and employee morale. Identify Your Pain Points The first step to designing your new space is to […]

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Does Your Snow Fleet Match the Work You Want?

When you’re evaluating your snow fleet in the summer months, being proactive doesn’t just mean conducting preventive maintenance on your plows and spreaders. This is also a chance to reflect on the bigger picture and ask if your fleet matches the type of snow work your company wants to perform.   Match Your Machines to […]

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