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With frequent mergers and acquisitions occurring in the industry, it can seem like this is the only viable exit strategy for owners who don’t want to close their doors. However, there are still plenty of lawn and landscape businesses that have been passed on to the next generation. In each of these cases, these second-generation […]
Passing the family business on to the next generation comes with its own set of advantages and challenges. These landscape professionals share their experience of taking the helm and advice for others considering this exit strategy. Pricing the Company One tricky aspect passing the business on to family is handling the discussion of how much […]
Bob Grover and his son David, have been working together at Pacific Landscape Management, based in Hillsboro, Oregon, since David graduated from high school. While technically David had been working for the business before then, doing odds and ends, Bob was adamant his son not work for the business in earnest until he was in […]
Families are complicated and when you throw in running a business, it can make things even more challenging. However, many family-owned lawn care and landscape businesses are able to thrive because of how they handle and overcome disagreements. Check out their advice on dealing with disputes and other advice for successfully running a business with […]
The idea of a family business can be appealing if you’re looking for a partner you can trust but this model also comes with its own set of nuances and pitfalls to be mindful of. “Having your own family members involved and engaged, it’s really special,” says Miles Kuperus Jr., founder and CEO of […]
Many landscaping companies say they are family-focused or treat their employees like family, but what is it like to work with actual family members? These five companies share their experience of working with relatives and the lessons they’ve learned over the years keeping the business running with their kin. Stephen Hillenmeyer, CEO of Hillenmeyer Landscape […]
The lawn and landscape industry has an interesting dynamic in that it involves quite a few “entrepreneurial couples,” a new term that is replacing “mom-and-pop.” The term refers to businesses owned by couples (spouses or life partners). And the truth is, there are more of them out there than people realize. Couples run many small […]