Bookkeeping and Profitability Blog
resources to help you manage your landscaping business
Effective Financial Planning for Landscaping Businesses
“Going into business without a business plan is like going on a mountain trek without a map or GPS support – you’ll eventually get lost and starve!” - Kevin J. Donaldson Financial planning is crucial for a business owner. You work too hard to be spinning on a hamster...
How to Grow Your Landscaping Business
Perhaps you’ve hit a plateau in your landscaping business. It’s not uncommon for business owners to get stuck, so don’t panic. While a plateau can feel discouraging, try to see it as an opportunity to revamp your operations and improve. If you need fresh inspiration...
Busting Profit First Myths
More than 500,000 businesses have adopted the Profit First methodology, which is fantastic! It is a gamechanger for cash flow management. However, we’ve heard some myths about the system circulating. Profit First creator Mike Michalowicz created a video series to...
How to Structure Profit First Bank Accounts for Your Landscaping Business
Maybe you’re a landscape business owner and you’ve heard about Profit First but haven’t committed. You’re curious and interested but not sure if you’re ready to take the plunge. You understand the gist of Profit First – creating a separate bank account for each...
Underpromise and Overdeliver
Customers don’t forget the promises you make. That means, you better deliver! In fact, I recommend taking advantage of every opportunity you have to wow your customers by overdelivering. You can do this by sending estimates for slightly more...
10 Things That Could Be Hurting Your Business
Losing money can result in a slow, painful death for businesses. However, losses are the default mode of operation unless you’re intentional about your finances. Remember the idea that things left to themselves tend to degenerate? Your business is not immune to this...
Business versus personal expenses
While at times it might seem convenient to use your business account to pay for personal expenses and vice versa, it’s not a wise practice. In order to stay above reproach, keep things clean, and avoid legal issues later, it’s best to maintain a separation of church...
Do You Know What to Fix Next in Your Business?
If you’re like most business owners, you probably focus on what’s right in front of you. There are times when everything feels urgent, and you find yourself playing the part of a firefighter putting out theoretical fires – a far cry from the focused, level-headed...
Understanding Cash Flow
Flying blind never yields positive results. In fact, it leads to disaster – literally, in the case of airplanes, but figuratively as well. A pilot controlling a plane while wearing a blindfold would not be able to see his fuel gauge, navigation system, or even the sky...
Get the 411 on Reconciling Your Accounts
Some decisions you face as a business owner are optional. You can decide if you want to send a company holiday card or offer your employees coffee in the breakroom (though some might argue that the second one is a non-negotiable!).However, reconciling your accounts is...