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The Importance of Setting Profit Goals for Your Business

The Importance of Setting Profit Goals for Your Business

by Lori Petersen | Aug 21, 2023 | Interior Design

Google defines a profit as “a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.” While this definition is correct, it can be defeating to take “the difference between the amount...
The 3 Most Common Bookkeeping Mistakes: What your competitors hope you don’t figure out

The 3 Most Common Bookkeeping Mistakes: What your competitors hope you don’t figure out

by Lori Petersen | Aug 9, 2023 | Landscaping

There are endless ways to accomplish any job – and some ways are better than others. Think about using fresh herbs – we all know those plastic containers that you can buy for about $4 and get maybe ½ cup of mint, basil, or rosemary from. This is a fine way to...
Fine-Tuning Your Profit First System: How to Make Adjustments for Seasonal Changes and Unexpected Events

Fine-Tuning Your Profit First System: How to Make Adjustments for Seasonal Changes and Unexpected Events

by Lori Petersen | Jul 25, 2023 | Accounting, Cash Management, Landscaping, Profit First

The Profit First method is a great starting place to get your landscaping business’s finances in order, but your business is unique. You need your system to be fine-tuned to your industry-specific needs.And maybe you’re thinking, “that sounds great, but I don’t have...
The Impact of the Profit First Method on Long-Term Business Growth

The Impact of the Profit First Method on Long-Term Business Growth

by Lori Petersen | Jul 20, 2023 | Interior Design

How often do you think about the profits your interior design business makes? Daily, weekly, yearly? Or are you more focused on growth, revenue, and the next big investment you can make? In his book Profit First, Mike Michalowicz says “Profit is not an event . ....
Landscaping Bookkeeping: Maintaining Strong Payment Processes

Landscaping Bookkeeping: Maintaining Strong Payment Processes

by Lori Petersen | Jun 27, 2023 | Landscaping, Process

As a landscaping business owner, you understand the importance of client interactions. It’s crucial to project an image that projects confidence and professionalism. You may envision yourself as a laid-back entrepreneur, effortlessly navigating financial matters...
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