Is your financial strategy prepared to outlast the end of easy sales? In this eye-opening episode, Tommy Cole sits down with Jennifer Murray, finance savant and executive coach at McFarlin Stanford. Discover the hidden pitfalls of fraud risk in landscape companies and why internal processes can make or break your success. Learn how to maintain liquidity, manage leverage, and optimize asset efficiency. Jennifer’s insights reveal why profitability, growth, and risk management are not just buzzwords—they are essential habits for a thriving business. Don't miss out on actionable advice that will transform how you perceive business health, from top to bottom.

Financial checkups sustain long-term business viability.

[03:02] What is a financial health checkup?.
[05:28] Profitability in Landscape Companies
[07:13] Importance of Revenue Growth
[10:50] What is asset efficiency?
[13:29] How to leverage your finances.
[17:33] Deepdive into cash flow
[22:38] Financial risk management
[17:33] How Organizational Structure can affect finances

QUESTIONS WE ANSWER

What is a financial health checkup?

How should I structure payment approvals and financial oversight in my business?

What is the difference between a "wagon wheel" and a "wedding cake" organizational structure?

How do you strategically use debt for business growth opportunities?

How can I reassess and streamline my client base for better profitability?

Think change is too difficult to manage in your landscape business? Think again. In today's episode of Roots of Success, Tommy Cole interviews Kevin Keim, an executive coach and CRO, who shares game-changing approaches to sustaining momentum when implementing new strategies and technologies. Learn how to cultivate a resilient company culture, simplify your service offerings with bundled packages, and adopt the right software solutions to uncover hidden efficiencies. Tune in for practical advice and inspiring stories that will help you elevate your business to new heights.

Enjoy the Journey

[04:14] Bundling services for streamlined customer experience.
[09:54] Refocus service strategy to set clear expectations.
[13:07] Quarterly service growth outpaced old software.
[21:16] Transitioning to a new role, managing change effectively.
[24:08] Efficient software helped reduce employee needs.
[29:50] Consensus-driven decision-making
[35:54] Embrace change and have fun with it.

QUESTIONS WE ANSWER

What are effective strategies for managing and sustaining change in a company?

Why is it important to have fun at work, and how does it affect productivity?

How can bundled services benefit my business?

What are common challenges when implementing new software in a company?

How do I improve accountability and habit formation in the workplace?

FOR SHOW NOTES AND MORE, GO TO:

https://mcfarlinstanford.com/podcast/ep-029-from-chaos-to-control-embracing-change-and-enjoying-the-journey/

Think landscaping is just 'glorified hole-digging'? Think again. In this compelling episode of Roots of Success, we're joined by industry innovators Robyn and Bret Schmitz of High Prairie, who are transforming perceptions and practice through high-level training and cutting-edge robotic technology. Discover how they tackle the industry's biggest challenges and why prioritizing professionalism and innovation is key to success.

Innovation + Training + Professionalism = Growth

[03:46] Design work and implementation - a powerful team.
[09:27] Reacting rapidly to curveballs.
[13:39] Respond with grace and self-reflection to challenges.
[19:36] Training is an investment in business success.
[28:37] Industry game changers advance with robotic mowers.
[34:12] Collaborating with a manufacturer to create new products.
[42:57] Grateful for new skills, best golden nuggets.

QUESTIONS WE ANSWER

How can training improve employee retention in small businesses?

What are the benefits of robotic mowing in landscaping?

What strategies do companies use to maintain high standards in customer service?

How can small businesses leverage technology to compete in traditional industries?

How do companies develop effective training programs for technical and soft skills?

FOR SHOW NOTES & MORE, GO TO:

https://mcfarlinstanford.com/podcast/ep-028-using-innovation-to-revolutionizing-professional-landscaping/