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Increased Value, Increased Profit

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...

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The Low Snow Blues

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...

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Owner Health: The Healthy Workplace

Over the last four articles, we’ve been talking about how we, as business owners can get healthy and stay healthy. We’ve talked about physical, mental and emotional health, as well as decision fatigue. For this article, we’re turning the attention to our staff and how we can promote a healthy work environment for them. Perhaps we can use some of the information we’ve gained over the last few articles to create a work environment and mentality that promotes the well-being of our greatest asset…our staff.

We are heading into darker and colder months, months that are generally harder for people. It is my desire, as I’m sure it’s yours, to provide an environment that acknowledges and actively seeks to provide for the needs of staff in order for them to be healthy and effective, as well as ensure they’re with us for the long haul.

A safe workplace

In my experience, the best thing we can do for our staff is to make sure they know it’s...

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Open Book Management

"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...
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Give Your Business a Boost

Being a landscape 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....

Continue Reading...

The 4 Types of Organizational Culture

The original article by Kate Heinz and updated by Jessica Powers can be found HERE

Organizational culture influences the success of your company, directly affecting the sort of candidates you attract and the employees you hold onto. There are several different types of organizational culture too; so you have to find the one that works best for you.

What Is Organizational Culture?

Organizational culture, or company culture, is defined as the shared values, attitudes and practices that characterize an organization. It’s the personality of your company, and it plays a large part in your employees’ overall satisfaction.

Having a strong organizational culture is important because it helps attract the right candidates and it keeps them engaged as employees. According to a 2019 Glassdoor study, 77 percent of adults would evaluate a company’s culture before applying to an open position, with more than half ranking an organization’s...

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9 Employee Engagement Strategies that Actually Work

The original article by Kate Heinz can be found here

Engaging employees is a highly effective business strategy, but it’s easier said than done. Your first inclination might be to build out a new benefits package or offer office perks like cold brew on tap or a wellness room. While your team will likely appreciate the new stuff, these changes do more to increase job satisfaction than boost employee engagement — two related but different concepts. 

Employee Engagement Strategies:

  • Take employee surveys.
  • Uphold your company’s core values.
  • Carve out career paths and provide opportunities for growth.
  • Promote employees from within.
  • Recognize top performers.
  • Promote transparency.
  • Allow for honest feedback.
  • Hold employees accountable.
  • Hold leadership accountable. 

What Is Employee Engagement?

Employee engagement is defined as the degree to which an employee is motivated and passionate about their work. While it’s often confused...

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How to Build a Positive Company Culture

The original article by Alan Kohll can be found HERE.

Company culture is an integral part of business. It affects nearly every aspect of a company. From recruiting top talent to improving employee satisfaction, it’s the backbone of a happy workforce. Without a positive corporate culture, many employees will struggle to find the real value in their work, and this leads to a variety of negative consequences for your bottom line.

According to research by Deloitte, 94% of executives and 88% of employees believe a distinct corporate culture is important to a business’ success. Deloitte’s survey also found that there is a strong correlation between employees who claim to feel happy and valued at work and those who say their company has a strong culture.

There’s a reason why companies who are named as a Best Place to Work see so much success. These organizations tend to have strong, positive corporate cultures that help employees feel and perform...

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Industry Opportunities for Learning

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...

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Book of the Month: Clockwork

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,...

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