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Improve your cash flow: Understand basic accounting

March 24, 2015By

This post is part five of LM’s “5 ways to improve your cash flow” series. Read the first four tips here. Despite its importance, many green industry business owners don’t have a clear understanding of their businesses’ cash-flow situations. Why? Many business owners don’t pay nearly enough attention to basic accounting. In fact, many companies think of accounting only in... read more

Improve your cash flow: Get paid consistently

March 24, 2015By

This post is part four of LM’s “5 ways to improve your cash flow” series. Read on to part four, “Understand basic accounting,” here. “Bill as you go” is the default invoicing method for many landscape companies. Problems with this tactic can stack up, especially for seasonal businesses that have little or no income during some months. A few years ago,... read more

Improve your cash flow: Recognize the power of recurring revenue

March 24, 2015By

This post is part three of LM’s “5 ways to improve your cash flow” series. Read on to part four, “Get paid consistently,” here. Most landscape professionals agree that a recurring revenue stream makes good business sense. But not everyone understands all the ways it can help to better manage cash flow. Most importantly, recurring services provide predictability. Smart owners know... read more

Improve your cash flow: Get credit before you need it

March 24, 2015By

This post is part two of LM’s “5 ways to improve your cash flow” series. Read on to part three, “Recognize the power of recurring revenue,” here. Phil Catron started Frederick, Md.-based NaturaLawn of America, which today has $50 million in annual revenue and franchise locations in 24 states, just like many others in the landscape and lawn care industry: He... read more

Improve your cash flow: Manage with cash flow reports

March 24, 2015By

This post is part one of LM’s “5 ways to improve your cash flow” series. Read on to part two, “Get credit before you need it,” here. If you’re up against a cash crunch, there’s a chance you didn’t see it coming. Or you were averting your eyes to the oncoming train wreck. Either way, you might have avoided the situation... read more

Web Extra: Giant Landscaping taps into work for Tesla

February 25, 2015By

Spotlighted in “If you can’t beat ’em,” published in February 2015 issue of LM, Giant Landscaping took on another out-of-the-box business project that is installing charging stations for Tesla Motors. With Tesla Motors building up a bigger customer base in U.S., the electric car manufacturer found a demand for more car charging stations throughout the nation. It looked no further... read more