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Learn to conquer the one real hurdle to scaling your company and growing rich: Time

How you use your free time will make or break your success. The secret? It’s not about working harder or finding more time to do work. It’s about designing the freedom to engage in the high-value work that brings you energy and fulfillment. This is at the heart of the message that has made Dan Martell the world’s most popular SaaS (Software-as-a-Service) coach. Now, in his first book, Buy Back Your Time, he teaches entrepreneurs at every level how to scale their business, fast, while avoiding burnout. Trading money for time—that is, literally buying back free space in your calendar—will give you more financial success than you ever dreamed was possible.

With over two decades of experience as a serial entrepreneur and founder, Dan Martell will teach you the secrets to work less and play more while building an empire. He’ll dig into the practical steps that will allow you to start buying back ...

Employee lawsuits can be disastrously expensive without business insurance, especially for small businesses. Organizations can and should take steps to minimize potential losses that might stem from employee lawsuits. One of these steps might include purchasing Employment Practices Liability Insurance.

Employment Practices Liability insurance protects organizations against allegations and lawsuits by employees who claim their legal rights have been violated. EPL exposures have expanded from discrimination or harassment brought by employees to include a wide range of evolving exposures including accessibility, gender issues and disputes over performance reviews and promotion. (Sourced from Travelers Insurance)

“Employment Practices Liability WRONGFUL ACT” means any actual or alleged:

1. Wrongful termination of employment;
2. Discrimination or harassment adversely affecting any employee of or applicant for employment with the ENTITY;
3. Wrongful deprivation of career opportunity or failure t...

^{The original article, written by Randy Dombrowski, was posted on Green Industry Pros on January 13, 2025 and can be found HERE.} 

From site prep to specialized installations, the people you hire can either drive your project forward or increase risk. Here's how general contractors can help mitigate risk.

Every subcontractor you hire can enhance or derail your work. A focus on subcontractor risk management can be the difference between a profitable, well-executed project and one that suffers costly delays—or worse, injuries or fatalities.

A strong subcontractor risk management strategy is built on three key pillars: a thorough risk assessment, clear control measures and adequate insurance coverage. These components protect your workforce, property and equipment and ensure your project stays within budget and on schedule.

Key steps to assessing subcontractor risk

Before signing a contract, evaluate how your subcontractor will impact your project’s safety and bottom line. A thorough v...

As a landscape contractor, managing the financial aspects of your business is crucial to your success.
One of the most important, but overlooked, aspects of financial management is monitoring your cash flow.
By keeping a close eye on your cash flow, you can avoid unexpected shortfalls and ensure that you have
the funds to meet your business obligations.

In this article, we will discuss the five cash-flow mistakes that small business owners often make and how
you can avoid them. By implementing these strategies, you can effectively manage your cash flow and
set your landscape contracting business up for long-term success.

1. Neglecting to monitor your cash flow at least weekly
One of the biggest mistakes that small business owners make is not consistently monitoring their cash
flow. By neglecting to review your cash flow on a regular basis, you may miss out on potential problems
that could eventually drain your financial resources.

Monitoring your cash flow on a daily or weekly basis allows ...

Being a landscape/snow business owner is hard. There are a million things vying for your attention, and
it’s usually the most urgent that gets it. Meanwhile, your business keeps going – but is it growing? Has it
increased in value over the last year? The truth is that most landscape business owners have no idea
what their business is worth or how it’s actually doing. They’re usually fantastic technicians, happy to be
working IN the business, but rarely ON the business. But knowing the value of your business, and
understanding the steps needed to take to increase its value are critical for the growth and health of the business. It will increase profitability now and also make your business more attractive to potential buyers – whether you’re looking at selling now or in the future.

Let’s take a look at six pillars of business and identify some best practices and tools you can implement
fairly easily to increase efficiency, productivity and profit.

SAFETY
The health and safety of your staff i...

Our next-door neighbour builds the most amazing ice rink in his backyard every year. It’s complete with curved corners, painted 2’ boards all the way around, lights, and netting to catch stray pucks. The only thing that’s missing is a scoreboard and lines in the ice, though I expect those are coming. It’s a work of art. But this year, it’s been more like a wading pool than an ice rink. It’s been so sad.

The weather this year has been unlike anything I can remember in all my years in landscaping. As I write this, it’s February 7 and 9°C in Toronto. There are no snow piles and no frost in the ground. Many of our clients are concerned about what this means for their business, both this year and in the future if this weather trend continues. While a light winter may have its pros and cons, one thing is certain – we need to adapt and make changes in our practices and snow contracts to survive in the face of low snow seasons.

Let’s talk about some of the pros of a low-snow season:

1. Reduc
...

This week in our strategic planning series, we’re focusing on marketing and sales. This is often an area that we give little attention to. We generally focus on providing an excellent product or service – and we should. But if we don’t let people know how our excellent product or service will enhance their life, and why we’re the best choice for that product or service, we will likely not experience the type of growth we want.

MARKETING

Marketing can be thought of as all activities a business carries out to:

• Identify its target market
• Prepare promotional material designed to appeal to ideal client
• Communicate the material in a cost-effective manner
• Distribute the product or service to the target market

To be effective at marketing, you should be doing each of these four activities. If you have a great product or service but communicate it to the wrong market segment, the marketing won’t be effective. If you have great marketing material, but don’t deliver on what you’re adve...

A strategic plan defines who you are as a business and lists concrete actions to achieve your goals, so creating one takes time and thought. Let’s discuss the W’s of strategic planning:

Who should be involved?

Clearly the owner should be involved. And depending on the type of plan you’re creating, you might also want to include division leaders, administration, sales staff, operations management and a facilitator.

What should be discussed or decided?

The strategic plan meeting should identify or review the company vision, mission and core values, a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis, company goals and objectives as well as an action plan.

When should you prepare a strategic plan?

A strategic plan should be created annually, reviewed quarterly and discussed weekly.

Where should the meeting take place?

It has been our experience that the most productive meetings take place outside of the office. We recommend booking an offsite location for a day where y...

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...

"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
...