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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 […]
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 […]
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 […]
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 […]
If growth is your goal, there comes a time when you have to consider if youād like to expand with branch locations. This form of growth can be an exciting time for your team, but it also should be executed with care. This process takes time, and rushing can be detrimental to your overall brand […]
Mistakes are a part of life, but how you choose to respond to them in your business can greatly impact your culture and your ability to foster true accountability. When a crew member damages a property or bids a job wrong, you might feel you have to respond in a disciplinary manner to set the […]
When youāre in the thick of it, some of the struggles of running your lawn or landscape company can seem like thatās just the way things are. However, taking a step back and using Kat Coleās process of asking three questions and making a list can help you not only identify opportunities to improve but […]
If you are looking for a way to empower your employees to perform better, consider looking into implementing open-book management. āIt helped us out tremendously in engaging the team, getting them to participate in the overall success of the business, because they understand enough about what their actions and behaviors every day do to affect […]
This information came from a session during the 2024 ELEVATE conference and expo. Donāt miss ELEVATE in Phoenix, Arizona, on Nov. 2-5, 2025. Growing your landscape business can sometimes feel like building a plane while flying it. This is why itās important to think about what you want your company to look like in five to 10 […]
If one of your New Yearās resolutions is to read more books, consider mixing in some business books as well. Many landscape company owners have found these types of books can provide them with valuable insights and concepts to implement in their own operations. These are some of the business books NALP members recommend checking […]
