by Lori Petersen | Jun 12, 2021 | Cash Management, Profit First, Workflow
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...
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...
by Lori Petersen | Apr 10, 2021 | Cash Management, Process, Profit First
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...
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...
by Lori Petersen | Feb 20, 2021 | Accounting, Cash Management, 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...
by Lori Petersen | Jan 24, 2021 | Accounting, Cash Management, 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...
