We were losing our business. Our payables were way more than our receivables and we had no way of fixing it. It was devastating to my wife and me.

But what was harder for me was to watch my wife’s emotional health deteriorate. She couldn’t step foot in the office without a minor panic attack. She laid on the couch and watched a lot of TV. She didn’t interact with me or our boys as she usually did. She was generally a very happy, content, positive, joyful person. But now she was different.

What we know now is that her emotional health – and mine – were fragile. We were not able to cope with the struggles we were facing. Struggles themselves were not new to us, but our inability to deal with them was. We’ve since learned that emotional health is something we need to be aware of and monitor.

So what is emotional health? According to Healthline.com’s article How to Build Good Emotional Health, “For starters, it’s not the same thing as mental health. While the two terms are often used in...

We’re tired.

The roller coaster ride of the last few years has taken its toll on business owners. We’ve faced more hurdles, challenges and pivots in the last year than I can recall in my 30+ years of landscaping. And the result is owners who are tired, stressed, anxious, unhealthy, and exhausted. Over the next month, we’re going to address the topic of owner health. If you as the owner aren’t healthy, it’s far more difficult for the business to be healthy. We’ll be talking about physical health, mental health and emotional health, as well as decision fatigue. So as we finish off 2023 and look ahead to 2024, let’s make this the year we determine to get healthy and stay healthy!

Let’s start with physical health. When it comes to making positive changes in our lives, our physical health can often be the easiest area to address and in which to make changes. The benefits of getting and staying physically healthy are not new to any of us. We know it’s important, we know it’s good for us, w...

Written by Jacki Hart, President, Consulting By Hart

Every now and then, something comes across your desk or into your inbox that is worth paying attention to. If you’re a contractor who sells services to your customers, which include labour and materials, equipment and overhead costs, then this article is worth your time to read. Unless you are either entirely recession proof in your market, or aren’t trying to improve profit in your business. But if you are working hard to figure out a way to be more profitable, read on.

Sometimes the most successful businesses have all of the cutting-edge technologies, software, apps, equipment and training. And some businesses have all of that, and still aren’t profitable enough to pay the owner well, build equity and an engaged, career-minded team.

Enter J. Paul Lamarche (JPL), and his industry-altering pricing system. JPL’s estimating and pricing system was officially adopted by Landscape Ontario in 2005. In 2010, he wrote the book: What the M...

In speaking with clients, one issue that is never far from their minds is cash flow. We found the article below from FBC to be really helpful. The original article can be found here.

When small business owners find themselves facing unexpected shortfalls or can’t pay bills during slow months, it’s a sign that they’re not monitoring their cash flow.

For a business, running out of cash is like getting stuck in quicksand: you sink deeper and deeper into the red as you borrow from one area to pay another. As you do your best to stay afloat, your business obligations – from payroll to loan payments – become increasingly hard to meet.

The good news is that you never have to let it get that far.

According to Kevin Cochran, co-founder of the wealth building and financial literary training series Enriched Academy, prevention is the best medicine when it comes the financial health of your business.

By avoiding the following 5 cash-flow mistakes, you can ensure you never have to rob Peter to...

"Great things in business are never done by one person. They’re done by a team of people." (Steve Jobs)

Open Book Management (OBM) is the philosophy that businesses will experience greater success by sharing relevant financial and operational information with every employee. It’s the practice of communicating with people via the numbers. Employees receive information that not only helps them do their jobs well but gives them an understanding of how the company is doing as a whole. According to John Case, who coined the phrase “open book management”, “a company performs best when its people see themselves as partners in the business rather than as hired hands". The intent is to give employees relevant information about the company so they can make better decisions as workers. This information includes, but is not limited to, revenue, profit, cost of goods sold, cash flow and expenses.

Open Book Management involves four basic practices:

• Train employees so they become business litera
...

I love the change of seasons. I have family living in west Africa and one of the hardest adjustments for them is that there’s no change of seasons (unless you count the change from “hot” season to “hotter” season).

But here at home in Canada, we get to experience the changing of the seasons. And fall is my favourite. It’s my favourite for all sorts of reasons – for cooler weather, for a return to routine after the summer, for campfires on cool nights, for Thanksgiving, and even for pumpkin spice lattes!

I also love the change of seasons when it comes to our business. The fall brings with it a change in the type of work we’re doing, the start of planning for the snow season, the excitement of new equipment, and the return of everyone back at work after summer holidays.

But the fall brings with it some unique financial stressors for business owners. These include material and equipment expenses, contracts that don’t pay out until January, equipment and vehicle repairs and maintenance ...

Our industry offers a vast amount of professional development opportunities. This is one of the things that sets us apart from other industries.

As we continue our focus on lifelong learning, we wanted to make you aware, if you aren’t already, of some of the great learning opportunities available to you that are specific to our industry.

LANDSCAPE ONTARIO PROFESSIONAL DEVELOPMENT

Landscape Ontario's Professional Development has extensive resources to help provide you with tools for personal and business growth. They offer a wide range of topics, allowing you to update your skills or learn something new. They offer in-person and online seminars. Click HERE to see the list of 2023 seminars.

LMN (Landscape Management Network)

LMN offers a number of ebooks, videos and on-demand webinars covering topics related to running and growing a business: budgeting, business planning and growth, estimating, hiring, improving efficiency, and marketing and sales. For a list of the resources, click...

The popularity of podcasts is increasing[1]. Not only are more people listening to podcasts, but they’re listening to more podcasts. The beauty of podcasts is their accessibility. They’re free, they’re available through many different apps and programs, and you can listen anywhere at any time. I enjoy listening to podcasts while I’m driving or walking the dog. Marla and I listen together when we’re on road trips. 

Most podcasts put out new content on a regular basis, usually weekly or monthly. And I usually anticipate the release of a new podcast. I love hearing interviews with successful business owners who are willing to share their struggles and victories. These are real life stories of well-known people and businesses. I find I am encouraged to persevere and always take away some new knowledge or best practice suggestion. The podcasts provide links and additional content regarding the topic being discussed in the show notes.  With so many podcasts available, I thought I’d share my...

Clockwork is a book for business owners. The purpose of the book is for owners to design their business to run itself. It is a book that has freedom and fulfillment as the ultimate goal. It echoes Peter Drucker's quote "Efficiency is doing things right. Effectiveness is doing the right things.” Michalowicz has taken this concept and created a process to put it in place. 

One of the most impactful elements of the book is identifying what Mike calls the Queen Bee Role. He writes, “Identify the core function in your business that is the biggest determinant of your company’s success. Within every company there exists a single function that is the most significant determinant of the company’s health. It is where the uniqueness of your offering meets the best talents of you and/or your staff.”

The process of thinking this through is valuable in itself. But it is not easy. We all think that every aspect of our business is crucial. Michalowicz says, “The biggest cause of business inefficienc...

"The most productive business leaders I coach recognize productivity is not about getting more things done; it's about getting the right things done. It's about starting each day with clarity and ending with a sense of satisfaction, accomplishment, and energy to spare. It's about achieving more by doing less, and this book shows you how." (Michael Hyatt, Free to Focus)

This book is a productivity game-changer. Michael Hyatt guides you through the process and provides tools to identify the work that is the most productive and most satisfying. The work that allows you to achieve more by doing less. He says that , "the important question is not, Can I do this job faster, easier, and cheaper? It's, Should I be doing this job at all?"

"If you want to master your schedule, increase your efficiency and output, and create more margin in your life for the things you care about, you've got to learn how to focus. I'm talking about the ability to zero in and do the deep work that creates a signi...