This article originally appeared on LandscapeManagement.net on February 22th, 2024. Greg Herring regularly writes for Landscape Management, providing financial analysis and insights tailored to landscape business owners. The Herring Group recently completed its...
Listen to “The Art of Raising Prices” on Spreaker. Listen in as Greg outlines a process for raising prices and the importance of narratives in this critical profitability driver. Recorded at the Aspire Ignite! Conference in Columbus, Ohio, July 29, 2021....
In this two-part webinar, Greg Herring, along with Kevin Kehoe of Aspire Software look at how to determine pricing and labor rate/burden. They discuss the implications of getting pricing and labor rates correct, especially in terms of the impact on the profitability,...
Many people think your company makes too much money. What do your employees think? Do they have guilt about profits? (Note: this post was originally published on August 29th, 2016. It has been updated to reflect new data.) According to a Pew Research Center poll in...
Wage inflation is alive and well. You have identified a need to raise prices, and you have decided that it is the best time to do so for your company. What can you do to ensure that the price increase is a success? The first step is to determine your new pricing....
The costs for raw materials are up. Health insurance costs continue to climb. Labor is in short supply which typically means wages will go up. As of the US Job Openings and Labor Turnover Summary report released on June 5th, 2018, there are now more jobs...
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