business smarts Archives - Page 6 of 14 - The Edge from the National Association of Landscape Professionals

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business smarts

Turn Rings Into Revenue: Choosing the Best Call Answering Solution

Unanswered phone calls can result in lost business. If you are faced with an influx of inbound calls, one major decision you have to make is whether you want to outsource your call answering or hire someone in-house. John Marin, co-founder and CMO of Gozango, a lead-generating marketing platform, says the choice is often determined […]

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Missed Calls Equal Missed Profits: Why a Call Answering Service Is a Game-Changer for Landscapers

If you’re just getting your landscape business off the ground, it’s common for all business calls to come directly to your cell phone. However, if you are unable to answer these calls, you can miss out on work opportunities. ā€œPeople have a short attention span these days, and they expect immediate gratification and immediate answers,ā€ […]

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Business Smarts: Managing Cash Flow Through the Slow Season

The song might claim it’s the most wonderful time of the year, but if you’re not prepared for the slow season, it can be the most stressful time of the year for your business. ā€œThe offseason can be a challenging time,ā€ says Austin Zakow, CEO of Outerland, based in Mashpee, Massachusetts. ā€œThere is not much […]

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The Power of Knowing Your Numbers: Harnessing Data to Drive Success

When you consider all of the data at your fingertips that come from running a lawn or landscape company, it can be truly overwhelming. However, you shouldn’t let analysis paralysis keep your business from digging into these valuable insights. These numbers can tell a significant story about your business and help you make more informed […]

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Buy, Lease, or Rent? Choosing the Right Equipment Strategy For Your Landscape Business

To buy or not to buy…that is the question. Or perhaps the question is to buy, to lease, or to rent? When it comes to your fleet and the equipment needed to get the job done, the decision to buy, lease or rent will vary greatly based on various factors Below are some of the […]

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Don’t Wait Until It’s Too Late: Why You Need To Start Exit Planning Today

The consequences of being too late for various things in life will vary. Miss the bus? That’s okay; you can wait for the next one. However, when it comes to exit planning, being too late to build your business into something buyers are interested in can result in the destruction of the value of your […]

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Mastering Tax Planning: Proactive Strategies for Landscaping Companies

Do you stay in contact with your tax professional throughout the year or only reach out come tax time? ā€œRegularly scheduled meetings allow your tax professional to provide valuable advice on managing capital assets, equipment purchases, and other major financial decisions,ā€ says Peter Thelen Sr., CPA and founder of Thelen Financial. Working Effectively with Tax […]

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Diversification Done Right: Avoid These Costly Mistakes

If you frequently have customer requests for a service you don’t currently offer, you may be tempted to launch a whole new division based on this feedback. While diversification can be beneficial and tap into additional revenue streams when done right, there are some major pitfalls you need to avoid. Mistakes to Avoid The first […]

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Business Smarts: Choosing the Right Exit Strategy for Your Landscape Business

Just like how no landscape company is exactly the same as another, there is no one right exit strategy. If you are trying to determine which is the best fit for your organization, check out some of the common paths and the monetary implications of each. Types of Exit Strategies Mergers and acquisitions are one […]

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Don’t Wait for Tax Season to Maximize Your Deductions

Even though your business’s taxes aren’t due until the spring, it’s always a good idea to be proactive in your tax planning to maximize deductions and prepare for next year. ā€œA lot of people think about, ā€˜Hey, what can I do to reduce my taxes this year?’ and a lot of that tax reduction sometimes […]

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