Manage the numbers, or the numbers will manage you!
Back in the fall, Nathan Helder spoke with writer Lee Ann Knudsen about the importance of managing finances and interpreted two sample Profit & Loss Statements for the January issue of Landscape Trades magazine.
The article, "Asking Questions About Finances", discusses different strategies to manage costs such as equipment, staff and subcontractors. The two Profit & Loss statement analyzed in the article are based on fictional design/build/snow contracting companies with identical revenues - but one company is financially strong while the second could use some improvement.
Published by Landscape Ontario, Landscape Trades is Canada's leading horticultural trades publication and features business information for contractors, growers and retailers.
You can find the complete article here: www.landscapetrades.com/2014/01/asking-questions-about-finances