Mark Ables is the owner of 48-year-old Ables Landscapes in Charleston, SC. The company has 55 employees and does around $7M in residential design-build-maintenance. Mark bought the business from his father and modernized its approach to management and growth, but...
Grace can play a very powerful role in your business, and separate you in a crowded market.
Last week I wrote about my client and friend, Kevin Werbrich, who uses grace when firing employees and when they quit.
He reported that his grace-based “Red Carpet Exit” has created a backlog of past employees who want to return to his company.
He has filled and “re” filled many foremen and high level positions with men who have grown up and learnt their lessons.
They return better people.
It takes real vision to consistently give people the benefit of the doubt and invest in them right as they leave your firm.
Last week we held our annual “Executive Retreat”, a client-exclusive event in NOLA for owners and their managers.
It was very HIGH energy, and the idea sharing was way beyond what you get at a typical landscape conference.
Here are 10 useful ideas that you can “rob and duplicate”:
As I reflect on the year ahead, I like to make sure we bring along the important lessons from the previous year.
Because “Those who cannot remember the past are condemned to repeat it.” – George Santayana, The Life of Reason, 1905.
The year was tough enough, lets learn from the experience.
HERE ARE MY SIX IMPORTANT LESSONS FROM 2022
How you budget in 2023 will look much different from this year.
The goldrush is over!
You need a savvier approach to managing expenses and revenues.
I recently got a text from a member of my peer group community, asking how to incentivize a new Operations Manager. The same question could be asked about any Second In Command (2IC) position, e.g. how to set up an incentive for your Ops Mgr, GM or COO? Incentives are...
To achieve a good net profit, how much gross profit should you earn in each of your divisions? I have written on this topic before, and with my upcoming Financial Master Class, I am revisiting this pivotal financial discussion on gross profits to drive home key...
Return on Equity (ROE) is the one metric that you can use to compare your business to any other business or investment you might own. It measures the profit you make as a percentage of the investment (equity) you leave in your business. All other business metrics...
To achieve a good net profit, how much gross profit should you earn in each of your divisions? That depends… Your profitability is not always driven by your gross profit. Here is what I mean. Some companies can achieve high gross profit but still end up with a low net...
There are five levels of financial management in the lawn and landscape industry. They range from: Terrible, Poor, Good, Better to Best. Where does your company operate financially? (Sidebar: Because so many issues that you face are tied back to proper financial...