by Greg Herring | Jan 14, 2019 | Business, Business Strategy, Growth, Leadership, Mindset, People, Planning, Pricing, Profit, Results
Many people think your company makes too much money. What do your employees think? Do they have guilt about profits? (Note: this post was originally published on August 29th, 2016. It has been updated to reflect new data.) According to a Pew Research Center poll in...
by Greg Herring | Aug 29, 2018 | Business Strategy, Forecasting, Profit
From August of 2018, this two-part webinar series presented with Kevin Kehoe of Aspire Software explores what it takes to get to 12% profit for companies in the landscaping industry. 8/15/2018 – Part 1 8/29/2018 – Part...
by Greg Herring | Aug 16, 2018 | Business Strategy, Planning, Portfolio Analysis, Profit
We have spent the past two weeks discussing portfolio analysis in great depth here on Profit. Value. Life. Now we will take a look at some portfolio analysis case studies. First, I introduced the benefits of portfolio analysis: greater margin—in both profit and life....
by Greg Herring | Aug 7, 2018 | Business Strategy, Planning, Portfolio Analysis, Profit
As discussed in my last post, the chief goals of performing an in-depth portfolio analysis are to gain insight into ways to optimize a business and its profit margins. Net profit margin is a percentage calculated by dividing pre-tax net income by revenue. That...
by Greg Herring | Jul 31, 2018 | Business Strategy, Planning, Portfolio Analysis, Profit
Far too many business owners suffer from a lack of time. The business takes everything they have in terms of time and energy. They run from one fire to another – doing their best to put them out quickly. There is no spare time; there is no spare energy. They lack...
by Greg Herring | Jul 24, 2018 | Business Strategy, Planning, Pricing, Profit
Wage inflation is alive and well. You have identified a need to raise prices, and you have decided that it is the best time to do so for your company. What can you do to ensure that the price increase is a success? The first step is to determine your new pricing....
