As a green industry business owner, it is important to manage your overhead costs in relation to the revenue you receive from customers. Managing your workforce, and the expenses that come with it, is a big piece of your overhead costs. Your workforce, whether staffed correctly, too high or too low, can impact employee and customer satisfaction, and ultimately, revenue and profits. Knowing when to add a new employee is key to keeping your business running smoothly as you add or lose customers, or if your business spikes at certain […]
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Should Your Company Hire Part-Time Workers? The Pros and Cons
Many people put a stigma on the term ‘part-time’ when referring to employment. They think people who want part-time jobs are students, retirees or those who simply cannot find full-time employment. However, according to U.S. Bureau of Labor Statistics data cited by Bloomberg, there are 6 million Americans who choose to work part-time as their first option. Some of these workers feel that a single, full-time job is limiting; working one or more part-time jobs gives them flexibility in their schedule and more opportunities with different companies. This is very […]
4 Key Strategies for Diversifying Your Green-Industry Business
There are plenty of reasons for green industry business owners to diversify their businesses: from the need for new revenue streams to gaining recurring revenue or preparation for an eventual successful plan or other exit strategy. Whatever the reason, it makes good business sense to actively pursue growth and adaptation over the life of your business. Whatever your motivation for diversification, there are plenty of ways to tackle this important task. Here are four strategies for diversifying your green-industry business. 1. Expand your services to a new location Diversifying doesn’t […]
6 Questions to Ask Your Accountant For A Profitable 2018
One thing you can always count on is taxes. However, you want to be able to keep more of your money than giving it away. So you should take advantage of tax credits and deductions to keep more of your hard earned money in your company. And you may be able to keep more of your money when you ask your accountant key questions. Questions To Ask Accountant For a Profitable 2018 1. What new tax deductions and credits are available this year? You need to ask your accountant this […]
When Is the Best Time to Diversify Your Green-Industry Business?
“If you’re not growing, you’re dying.” This well-worn aphorism has been attributed to seemingly hundreds of figures: poets, actors, business leaders, motivational speakers. While we may never know who first uttered the words, they ring true nonetheless. And they can be applied to personal as well as business growth. Many businesses have learned the hard way that placing faith in one revenue stream can be fatal: Blockbuster Video, for instance, ignored the signs that streaming was the way of the future — signs Netflix capitalized on — and their brick-and-mortar […]
5 Checklist Tips to Help Grow and Organize Your Company
Checklists—they can make your business life so much easier. If you want to get control over your company’s spending, evaluate your teams performance on job sites, and organize every department, then you need to incorporate checklists to meet your goals. Checklists to Consider In Your Business As you probably realize, there is a slew of checklist templates available online. But do you know which ones are the best for your green industry company? Your managers or crew leaders benefit the most from checklists. So, empower them to take their leadership roles […]
5 Tips to Help Convert More Customer Leads into Sales
Did you know that your customer service is key to converting more leads into sales? Think about it: If a person who answers the phone is curt and responds to potential clients in grunts, you’ll lose out on leads. However, if your staff answers the phone with a greeting and friendly tone of voice, your chances of getting a sale increases. Answering the phone is only the first step of excellent customer service. Whether you answer the phone while you’re out on the road or you have a team member answering, you […]
Extend Your Season With These 7 Add-On Services
Where there’s a will, there’s a way. If you want to increase your revenue into the late fall and winter months, you can include add-on services to your lawn care, landscape or pest control company. Not only can you keep business rolling throughout the year, but you can transform your company from a seasonal business to a four season business – where you’re adding value to your current customers’ properties. You can start marketing your new services during the growing season. Add door hangers, post on social media and include […]
Growing Your Green Industry Business: 5 Tips for Hiring Support Staff
As your green industry business grows, it becomes less and less reasonable to assume you can handle all the day-to-day management of the operation. Don’t try be a hero by putting all the pressure on yourself to keep the ship upright. Hiring the right support staff can remove some of that pressure and help you focus on the bigger picture, like future growth or even your exit strategy. We asked some of Spring-Green’s seasoned operations staff for their tips on hiring support staff as you scale your business. Here’s what […]
Economic Growth Means the Time Is Right for Diversification
In the first quarter of 2017, the Federal Reserve raised its benchmark interest rate twice, a sign in the Reserve’s faith that the United States economy is finally beginning to perform again after a long downturn. The base interest rate is now between .75 and 1 percent (as of March 2017), which has inspired further confidence in the economy. What does this mean for you? Well, among other things, it means that now could be a perfect time to make an investment in the future of your business by diversifying. […]