TAG: Financial Management

Profit Power: Does your team have skin in the game?

June 20, 2018By

Every company that’s attempting to operate with open book management has suffered some kind of financial downturn and is using transparency of their financials to help turn around their profitability. But is that enough? Before I answer that, here are nine best practices for sharing ‘open book’ financials in a systematic way. KISS: Keep it super simple, sharing the minimum... read more

DynaScape to host free financial leadership webinar series

September 6, 2017By

DynaScape is hosting a free, three-part webinar series titled “Strategic Financial Leadership Webinar Series.” During the webinar series, attendees will learn about emerging technologies in the landscape industry and how to thrive with them, how to understand the financial principles to boost cash flow and explore strategies to survive the cyclical nature of the landscape industry. Landscape industry consultant and... read more

A/R: The keys to the kingdom

May 8, 2015By

Cash is king, and healthy accounts receivable (A/R) makes for a sustainable kingdom that promotes an environment of profitability and growth. A business that doesn’t have control of its A/R usually will have poor cash flow and trouble meeting its expenses in a timely fashion. It’s often also a sign there are other financial issues that will hamper growth and... read more

Finances for the ‘small’ operator

February 17, 2015By

A reader recently asked us to cover the topic of finances for the “smaller” operator with just a few employees and less than $250,000 in annual revenue. I thought about it and recognized successful finances have nothing to do with size but with organization and discipline. Sound financial management knows no size. Here are the five most important items for... read more

A Better Way 2 Learn offers free e-book

March 19, 2014By

A Better Way 2 Learn Financials released a free e-book for landscape professionals, The Landscaper’s Guide to Integrated Financial Management, authored by Frank Ross, the creator of A Better Way 2 Learn. The 15-page guide hits on five processes to foster sustainable growth within a landscape company. Those five processes include the following. 1. Lead tracking The guide reinforces how important... read more

Tracking new leads: From generating to following up

December 2, 2013By

An obvious way to stimulate profit is to generate more volume. To generate more volume, take a hard look at the way you’re receiving and following up on the leads coming into your business. Obtaining and managing leads kickstarts the entire financial management cycle. Following up on leads creates the basis for your scorecard. It tells you how you’re tracking... read more

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