Many tree care businesses are finding themselves short of the one thing they need to thrive and grow: workers. The Bank of America recently estimated that 4.6 million workers exited the labor force during the pandemic – but only half are expected to rejoin by the end of the year. How to coax those badly […]
It may sound callous, but because of the current state of the economy, now might be a good time to pick up or sell a distressed commercial tree care business. After all, handled properly, mergers and acquisitions (M&As) allow the acquiring business to acquire another operation under favorable terms that is a good fit, and […]
Taxes can be fun? Well, not exactly, but our federal tax rules do permit write-offs and deductions for a number of enjoyable activities, events and other expenditures made by a tree care or landscape-maintenance business in the pursuit of income, happy employees and content owners. Although much has been said and written about tax-deductible picnics […]
Cash flow is the lifeblood of every business. In fact, according to a recent U.S. Bank study, cash-flow management causes 82% of U.S. business failures. Although seemingly counterintuitive, many experts putting cash flow management profits. While profits are how a tree landscape-maintenance business a failure to manage the operation’s flow can mean running into problems […]
