by Greg Herring | Jul 5, 2018 | Business Strategy, Planning, Pricing, Profit, Results
The costs for raw materials are up. Health insurance costs continue to climb. Labor is in short supply which typically means wages will go up. As of the US Job Openings and Labor Turnover Summary report released on June 5th, 2018, there are now more jobs...
by Greg Herring | Oct 23, 2017 | Planning, Profit, Reporting, Reports, Results
Preparing a budget does not have to be laborious. I hated wasted time; I also hate spending a lot of time on budgets. That view might strike some of you as strange given that it comes from a CFO (Chief Financial Officer). But the truth is that budgets do not have to...
by Greg Herring | Aug 7, 2017 | Business Strategy, Planning, Profit
When a Chief Financial Officer (CFO) speaks, many listeners conclude that a CFO thinks everything comes down to cash. Therefore, let me be clear: It is not all about the cash. However, today is my day to talk about cash flow. (Full disclosure, I have memorized a few...
by Greg Herring | Apr 5, 2017 | Business Strategy, Profit, Reporting
This post is the first in a series I will be writing that is focused on the lawn care and landscape industry. Since I have worked with several landscape companies as clients, I am sharing some of my lessons learned that are specific to that industry. Today’s...
by Greg Herring | Mar 30, 2017 | Profit
Don’t you get tired of people assuming that a landscape business is easy to operate? You just need a truck, a lawnmower, and some people. Right? Not quite. A landscape business has many challenges. In every company’s collection of customers or properties,...
by Greg Herring | Dec 12, 2016 | Business Strategy, Profit, Reporting, Results
To most people, financial reports are just numbers on a page. Hopefully, my recent blog posts have convinced you that those numbers also tell a story of your business and show the hidden power behind your data. I confess that I am a “get it done” person. My preferred...
