Operations
FUEL SURCHARGE – YES OR NO? Information:– Fuel prices have increased 25-30% within the last 3 months in Ontario, Canada– So, should contractors start adding a fuel surcharge on their client invoice? Before jumping into this, I would challenge you and with these questions: 1. What are your current fuel costs as…
Read MoreThe Secret to SUCCESSION –X + Y + Z = 100% Experts say one of the biggest crises facing businesses is the imminent succession wave, as thousands of baby-boomer entrepreneurs prepare to retire and pass their companies on to other people. The risk is real! The average life span of a family-owned business is 24 years…
Read More6 Steps in Building a Business! The trouble of most skilled trade companies is that they are dependent on the owner. Most owners in the landscaping and construction industry did not start their business because they excelled in accounting, human resources, strategic planning or wanted to build a brand. They started their business because they…
Read MoreExplosive Growth – My Lessons Learned Approximately 16 months ago, we were slammed with the onset of COVID-19. At that time predictions were made by many (myself included) that Canada would likely be in a recession by the fall of 2020. Little did anyone know the impact of COVID-19 would be on the construction and…
Read MoreOver the last few months, I have been repeatedly asked, “Should I implement Open Book Management?” or “What do you think of the Great Game of Business?”. These are loaded questions. My instinct is to respond, “Why do you ask?” For me personally, I introduced the concept of Open Book Management to my company (Gelderman Landscape…
Read MoreWhen reading this title, you may first think of taking a swim in a pool during the summer heat of 2020. Yes, diving deep into the pool where the water is cool would be refreshing. However, the “Diving Deep” that I am thinking of is not about swimming but about a mid summer “Diving Deep”…
Read MoreDASHBOARD 101 What to focus on? Over the years I have had staff ask me, “Nathan, what’s the 1 thing that I need to focus on?” To which I have responded, I wish there was only 1 thing that we could focus on. Business would be much simpler if that was the case. However, business…
Read MoreEach year Landscape Maintenance contractors go through planning their weekly cutting routes. Hopefully, renewal rates are high, and all staff return from the previous season. However, we all know that there is turnover in both clients and staff. If you believe reducing time that is unbillable to clients, then you also understand that you must…
Read MoreVendor 101: SUPPLIER VS. STRATEGIC PARTNER? How do you view the companies/vendors where you buy your materials and equipment? Do you have a Supplier relationship or a Strategic Partner Relationship? THE DIFFERENCE IS EMMENSE A supplier relationship is transactional in nature. You sell a project and need to purchase materials and equipment to perform the work. …
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