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 […]
There are only 24 hours in a day!
We all have the same number of hours in a day but as a business owner, quite often it doesn’t feel like enough! We must juggle a million different balls, wear many different hats, and become the fire fighter of our own business. We have a never-ending to do list, which seems impossible to complete. […]
When is the right time to increase your prices?
Getting your pricing right is key to the success of your landscape gardening business. If your pricing is too low, you could be running at a loss. If your books aren’t up to date, and you don’t have the required financial information to see that the business is running at a loss, then by the […]
How do you choose the right bank account for your business?
Are you starting out in business and need to open a business bank account? Or are you an established business that is considering a change? It is important to do your research when considering which banking option is right for your business. You should think about what your business banking needs are and why, as […]
Goal setting for 2022
At the beginning of each new year, I like to set realistic and achievable, yet stretching, targets. They are broken down by quarter then I monitor and tweak them throughout the year. At the end of each quarter, I reassess my progress and adjust the targets as necessary. This is an important strategy to put […]
Are you a natural born entrepreneur?
Do you think entrepreneurs are natural born or is it a skill that can be learnt? I was lucky enough to hear Deborah Meaden speak at an event recently. It was clear that from a young age she was a natural born entrepreneur. She didn’t know what she wanted to do with her life for […]
Recruiting an employee takes running your Landscape Gardening business to the next level!
Most Landscape Gardening businesses owners start out by themselves and may use subcontractors to help when an extra pair of hands is needed. When your business grows to the point that you require help consistently, you might consider taking on an employee, however, there are pros and cons to doing this. It could be cheaper […]
