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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. āSo, how do you become different in those 4,000 or one […]
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 āIt’s actually quite opposite of that,ā Malik says. āI’ve worked […]
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. āThe 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 […]
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. āAsk one question first: […]
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 […]
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 […]
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 itās not quite as grim as 2008. āWe are seeing a little […]
Hard times can seem a lot less intimidating if youāve weathered similar storms before. However, if your business is on the newer side, chances are your company didnāt even exist during the Great Recession. While the current economic situation isnāt quite as bad as in 2008, some landscape companies are already seeing clients delay enhancements, […]
If youāve decided itās time to upgrade your facilities, either through expansion or relocation, this investment only pays off if you can thoughtfully design the space around your teamās 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 […]
When youāre evaluating your snow fleet in the summer months, being proactive doesnāt 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 […]