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Earnings Quality for the Green Industry
We've all heard or read about "quality of earnings" but have you ever stopped to think about what that means to a green industry contractor or why it's important? According to Investopedia, "...firms with high-quality earnings typically generate above-average price to earnings multiples (higher stock prices). They also tend to outperform the market for a longer time. More reliable than other earnings, high-quality earnings give investors a good reason to pay more." Read More
SWOT Analysis – Get Ready For Next Season
Whether you are preparing your landscape business plan, or updating your current business plan, keeping an updated SWOT Analysis provides value to your company.Read More
Why Landscape Businesses Fail
The reasons were, in this order, self-reliance, drive-by estimating, operational inefficiencies, lack of repeat customers, and an inability to replicate a profitable business model. The article also pointed out that only 15% of the small businesses (SMB) survive beyond their first five years. While this statistic is sobering, it really is not a surprise. Also, knowing this industry and the fact this article was coming from someone selling a time tested franchise system, U.S. Lawns, the article ultimately inspired some deeper research into why small businesses fail.Read More
Size Up Your Business
A powerful tool is available for small businesses to be able to get data about their markets, where to advertise, benchmark your business against your competitors and more. Read the introduction about how SizeUp can benefit your business.
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