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Business versus personal expenses

by Lori Petersen | May 1, 2021 | Accounting, Cash Management, Process

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?

Do You Know What to Fix Next in Your Business?

by Lori Petersen | Apr 24, 2021 | Accounting, Process

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...
Get the 411 on Reconciling Your Accounts

Get the 411 on Reconciling Your Accounts

by Lori Petersen | Apr 3, 2021 | Accounting, Cash Management, Process

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...
How to Avoid the Number One Reason Most Businesses Fail

How to Avoid the Number One Reason Most Businesses Fail

by Lori Petersen | Mar 13, 2021 | Accounting, Process, Profit First

It’s no secret that things left to themselves deteriorate. Profitability for landscapers is no exception. Without an effective cash management system in place, your profits will dwindle. In fact, cash flow problems are the main reason 82% of small businesses fail. You...
Out of Cash Spells Disaster for Landscape Business Owners

Out of Cash Spells Disaster for Landscape Business Owners

by Lori Petersen | Feb 20, 2021 | Accounting, Cash Management, Landscaping, Profit First

In order to pay their employees, landscape business owners must have a steady, positive cash flow. But, hurdles like slow winter months or the lag time between issuing invoices and collecting payments can interfere with cash flow for landscapers. Without enough money...
6 Ways to Improve Cash Flow for Landscapers

6 Ways to Improve Cash Flow for Landscapers

by Lori Petersen | Jan 24, 2021 | Accounting, Cash Management, Landscaping, Profit First

We know that your job as a landscape business owner has busy and slow seasons. Business booms when it’s warm but crawls painfully slow when it’s cold. This can lead to anxiety, uncertainty, and a looming sense of dread.  You work way too hard to stress about the slow...
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