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...
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...
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...
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,...
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...
For the past few weeks, I have been doing a series of blog posts around financial reports. Here’s the big idea: Reports tell a story If your reports do not tell you a story, then your reports need help. Put another way, if you must “guess” what is happening in...
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