cash flow Archives - Page 2 of 3 - The Edge from the National Association of Landscape Professionals

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cash flow

Less Is More: The Case for Leaving Your C-Level Clients

In the early days of your business, you were overjoyed for each and every customer you added to your book of business. However, as your landscape company grows, it can quickly become apparent that not all clients provide the same value for your business. You probably know your A-level clients are. These are the accounts […]

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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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Keep Recurring Revenue Flowing with Contract Renewals

When you start offering services that can provide your company with recurring revenue, you can’t assume all your cash flow problems will go away instantly. After securing clients in maintenance contracts, it’s important to make sure they continue to renew regularly. Otherwise, you’ll still be in the cycle of constantly replacing the revenue you lost. Length […]

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Business Smarts: Create Steady Cash Flow by Converting Customers to Long-Term Clients

When you review your sources of revenue, it’s important to take stock of how much is coming from one-off projects versus long-term contracts. Long-term maintenance contracts with clients are beneficial for several reasons. They help provide steady cash flow, allowing your company to continue to grow and forecast your staffing needs properly. ā€œWe are generally […]

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What Business Worry Keeps You Up at Night?

As the owner of a lawn care or landscape company, there are a multitude of business concerns that can keep you awake at night. Some of your worries are quite common and shared with many others in the industry. Below are some of the prevailing stressors as well as how different owners handle these sleep […]

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Business Smarts: Methods for Encouraging Customer Prepay

When you started your lawn care or landscape maintenance business, chances are the last thing on your mind was how you’d handle customers who pay late, or worse, not at all. With cash flow always being a major concern, delinquent payments are an additional stressor you don’t want to deal with. One of the ways […]

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Business Smarts: Offering Different Electronic Payment Methods

To keep your lawn or landscape business running smoothly you need steady cash flow. One consideration to improve that cash flow is making bill payment for customers as easy as possible. While cash or check are still viable options, more companies are opting to include additional electronic payment methods. Depending on the size of your […]

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Business Smarts: Offering Financing for Clients

Oftentimes when a consumer is making a sizable purchase for a house, a car or other investment, they look for financing to help make the cost more manageable. Yet frequently, landscaping companies opt not to offer their customers any financing options, believing this is best left to the banks to handle. However, offering financing has […]

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Business Smarts: Implementing Budget Billing

Depending on your lawn or landscape company’s location, how seasonal the business is will vary but no matter where you’re located being able to secure recurring revenue over 12 months is always ideal. It may sound like a no-brainer to implement budget billing for your landscape company to improve cash flow, but planning and certain […]

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How North Point Outdoors Handles Cash Flow & Labor Challenges

During his transition from high school to college, Andrew Pelkey started mowing residential lawns to help make ends meet. By his sophomore year, he had around 40 or 50 residential lawn accounts and decided to leave school to pursue landscaping full-time. By the end of year two, he was running a landscape and snow plow […]

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