Strategy & Vision
Six Characteristics of Highly Functional & Accountable Teams How do you get everyone accountable to EACH OTHER and the CUSTOMER, and not focused on their MANAGER? Accountable people will Reassess, Re-strategize and do something different to get the desired results! Each team/company needs to go through the following process: 1. Have a clear and accepted purpose:…
WORK IN PROGRESS (WIP) WHY is it Important? WHAT IS A WORK IN PROGRESS (WIP) SCHEDULE? At a basic level, WIP reports show the status of a construction project and contract: whether it is on budget, over-billed, or under-billed, as compared to the project timeline. But this simple statement refers to a wildly complex cash flow,…
Know your Worth: Valuing a Landscape or Construction Company A business valuation is a general process of determining the economic value of a whole business or company unit. The two main reasons why someone would have their business valuation completed is to determine the sale value or to establish the share price for adding shareholders. Valuing…
The 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…
You love your business, but that doesn’t mean you can afford to work for free. Yet, figuring out how to pay yourself as a business owner can be complicated. You need to think carefully about how you take money out of your business. Typically, that’s done one of two ways: a salary or an owner’s…
6 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…
Over 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…
BUSINESS MASTERY PROGRAM Southbrook Consulting has developed a program geared towards the next generation of business leaders. The program is designed for entrepreneurs, family members, and/or up and coming managers within the company who are interested in further developing their business acumen and leadership skills. This is a specialized one year “MBA” program taught by a seasoned…
When 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”…
DASHBOARD 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…
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