TAG: business tips

Hire the right people

February 27, 2018By and

Determine a candidate’s strengths and empower employees for success. Doesn’t every new hire result in a better crew that produces better-than-current results? Well, not really. Our experience has shown that more than half the time, a new hire doesn’t work out. However, we know that by following a hiring process, we can reduce that percentage and have happier employees that... read more

Leading: Growth matters

November 30, 2017By

Growth for the sake of growth is not a worthy goal. But growth matters, and I’ll share some reasons why with you. If a tree isn’t growing, something is wrong; it could be the soil conditions, nutrition, disease, improper planting or something else. If you’re an arborist, you’re going to evaluate both the tree and the site and then make... read more

The secret to Trader Joe’s success—and how landscape pros can do the same

November 14, 2017By

Doug Rauch retired as president of Trader Joe’s nearly a decade ago. But there’s still one question he gets more than any other: “What’s the secret to Trader Joe’s success?” Rauch reels at the question, because, as he said, “Trader Joe’s tells the world how they do things.” The grocery store started as a 7-Eleven convenience store “knockoff,” grew to... read more

Web Extra: Tax-planning strategies

November 8, 2017By

In his November 2017 column about yearend tax-planning strategies, Dan Gordon summed up tax planning in four words: “Postpone income; accelerate deductions.” Here are his suggestions to do just that. Strategies to postpone income include: Pushing a large job from this year to next, if there is flexibility with the customer; Pushing the sale of a gain-generating asset into the... read more

Getting to know your balance sheet

November 3, 2017By

Learn what your balance sheet reveals about your business. The balance sheet is an important report in a business’ financial statements. Unfortunately, many small business owners never look at this report. Usually, it’s because they don’t understand the report or they think it doesn’t show them anything in terms of profitability. However, this is an important report for several reasons:... read more

Leading: What to do when something goes wrong

October 25, 2017By

Leading, and managing a business within that broader concept, is challenging enough when the economy is strong, your labor force is plentiful and motivated, resource pricing is stable and customers are hungry for what you have to offer. It’s fun to lead when that revenue and earnings chart is pointed upward and to the right. In a healthy business, the... read more