While acquiring additional customers and adding new property maintenance contracts are sure-fire way to boost profits in your landscaping business, these high-impact, high-energy activities aren't the only ways to elevate your bottom line. Rather than directing all your [...]
Last year, Aspire sponsored the 6th Annual Landscape Industry Peer Benchmark Report, prepared by my team at The Herring Group. We covered several key takeaways from the report in my first blog post in this series of two.
Today, we will look at the power of benchmarking to win [...]
Overhead is one of the four most critical financial investments a landscape manager makes to drive revenue and net income. But how do you know what is the right amount of overhead for your business?
In simplest terms, the right amount of overhead for any given level of [...]
Greg Herring, founder and CEO of The Herring Group, and I recently came together in a webinar to present key financial strategies to help businesses rise above the challenges they’re currently facing. These strategies have been used through various economic downturns, [...]
In our recent webinar, “How to Survive the Challenges of COVID-19 on Your Landscaping Business,” veteran industry consultant and co-founder of Aspire Software Kevin Kehoe shared several suggestions based on his experiences during past economic downturns. One recommended [...]
Beginning April 3, 2020, you may be eligible for financial relief through the federal Paycheck Protection Program that's being introduced as a result of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. However, there's a funding cap for this program and there's [...]
We are facing a global phenomenon that is unique. But in terms of our economy, we are not facing something unprecedented. We have seen downturns and survived them before. In my landscape career, we have experienced this at least four times (1989, 1993, 2001, and 2008). My [...]
Crazy times. Lots of fear, uncertainty, and doubt. All thanks to the virus known as COVID-19.
As you know, Chief Financial Officers (CFOs) think about risk mitigation and management all the time, not just during crises. Chief Operating Officers (COOs) think about how to [...]
Recently, Aspire sponsored the 6th Annual Landscape Industry Peer Benchmark Report, prepared by my team at The Herring Group.
Encouraging Numbers for Growing Companies
Whether your company participated in this year’s benchmark report or not…
In the landscape industry, [...]
Equipment is an extremely valuable asset for businesses in the landscape industry. Not only do these tools represent a large capital investment (or monthly rental expense) for any company but they also enable crews of all sizes to accomplish a tremendous amount of work each [...]