Essential financial information for a landscape gardening business owner Part 3 – Statutory Accounts
This is the third in a series of three blogs looking at the different types of essential financial information for a landscape gardening and design business owner. In this blog we will explore statutory accounts and cover what they are, who they are for and their purpose. Most landscaping business owners will know ‘statutory accounts’ […]
Part 2 – Management Accounts Essential financial information for a landscape gardening business owner
This is the second in a series of three blogs looking at the different types of essential financial information for a landscape gardening and design business owner. In this blog we will explore management accounts and cover what they are, who they are for and their purpose. Most landscaping business owners will have heard of […]
Part 1: Essential financial information for a landscaping business owner
Part 1 – Essential financial information for a landscape gardening business owner In this series of three blogs, we will explore in detail the financial information of a business. A business owner cannot make well informed decisions for their business until their finances are in order. The areas we will cover are equally important as […]
6 essential elements for running a successful landscape gardening business
What does it take to run a profitable and successful landscape gardening business? Do you think your business is profitable and successful, or are there improvements that could be made to your business before you can make this claim and what are they? I believe there are six elements which must be performed simultaneously to […]
What is your ‘why’?
As a landscape gardening business owner, have you ever thought about what your ‘why’ is? What do I mean by your ‘why’? I mean your purpose in business. This is usually something bigger than just the need to earn money and pay the bills. It’s about what you believe in or what you stand for. […]
Wish you had an extra pair of hands?
They say that many hands make light work and the same is true in business. I would go one step further to say that employing help will almost certainly make your landscape gardening business more profitable, as long as your price point is right and the costs are being managed well. If you find that […]
Preparing for growth in your landscaping business
The growth of a business can be a testing time for a landscape gardening business owner. Initially it will almost certainly create more work for you, but the goal should be to have a successful business and make a profit whilst at the same time taking a step back. When this eventually happens, it is […]
What does the increase in National Insurance Contributions mean for landscape gardening businesses?
From April 2022, employees, employers, and the self-employed are seeing their National Insurance Contributions (NICs) rise by 1.25%. This means employees must pay more in National Insurance on their salaries, employers pay additional contributions for their staff, and the self-employed pay more on their profits. Company director’s dividends have also been affected. As a landscape […]
Why is Gross Profit Margin Important in your Landscaping Business?
If you are the owner of a more established landscape gardening business, you may already look at the gross profit margin as part of your regular financial reviews. However, some of you may not have come across this term before. Gross profit margin is the percentage of sales that remain in your landscape gardening business […]
When is the right time to register for VAT?
Whether your landscape gardening business is a sole trader or limited company, when it comes to the VAT register threshold, the same rules apply to both entities. If your business is not yet registered for VAT, do you know what the registration rules are and when you would need to apply? Landscape gardening businesses can […]
