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Poorly managed material costs can shrink your already tight margins. However, if you take the time to develop strong vendor relationships, you can ensure youāre getting the best pricing for this expense. āBy negotiating better pricing or terms, businesses can improve their profit margins without sacrificing quality,ā says Mary Angebranndt, a purchaser for Ruppert Landscape, […]
If you want to have accurate pricing and adequate cash flow throughout the upcoming year, building an effective budget is critical. Rather than considering it an optional practice or not putting much consideration into the budgeting process, landscape companies need to approach this process with intentionality. āI would advise landscapers to really understand the purposes […]
If youāre like many landscape professionals, you got into this industry because you love being outside and enjoy working with plants and growing your people. As you launched your business and refined your skills, one aspect that might have been neglected is the company’s financial side. The book, Pricing for the Green Industry, 4th edition, […]
Companies encounter no shortage of challenges when determining job costing and project profitability. A survey commissioned by QuickBooks captured some of those pain points among seven industries, including landscaping. Letās take a look. Two to five bad estimates could put nearly 50% of companies out of business 24% of businesses say two to three bad […]
Like many other landscape business owners, Richard Arlington says he got his start in landscaping as a kid. Mowing grass, raking leaves and shoveling snow was an easy way to earn some income. Upon returning home from some time in the Marines, Arlington says he couldnāt find a jobāso he returned to doing what he […]
