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If you want to start your season off on the right foot next year, conducting strategic planning is fundamental practice you need to master. āI think for those who are not sure about investing the time, you really have to ask yourself, āWhere do you want to be in 10 years?āā says Justin White, owner […]
Itās a question that might have crossed your mind in the past. When should I create an exit strategy? The common response from industry consultants is ānow.ā Frankly, the day you start your landscape business, you should have an end goal in mind. āThey should be aware that they might get approached on any given […]
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 […]
If you have reached the point in your companyās journey where it becomes clear you need the expertise of an advisory board, there are a number of considerations to build your board successfully. Not only do you have to find engaged, knowledgeable individuals but you also have to determine how they will be compensated and […]
As your landscape company grows, the need for a higher level of strategic guidance may be necessary. One of the ways to gain powerful insights is to create an advisory board so you have additional expertise you can tap into. āWhen you grow outside of your skill set as a leader, thatās when I think […]
This information came from a session during the 2023 ELEVATE conference and expo. Donāt miss ELEVATE in Charlotte, North Carolina, on Nov. 3-6, 2024. When you set goals for your landscape company, are they truly ones that challenge your business or are they ones you can easily achieve? Justin White, CEO of K&D Landscaping, based in Watsonville, […]
You might consider strategic planning and exit planning as two different things but Jennifer Murray, vice president of McFarlin Stanford, leader of their valuation and financial advisory practices, argues they are one and the same. āHaving a proactive forward-looking value creation mindset I think is additive to any business, whether you’re just starting out, or […]
