Plan for Profit Workshop is “Invaluable,” says One LMN Member

“The money you spend is saving you money. Really! It’s a no-brainer.”

“It was like preaching to the choir,” Kevin Colbert of Threadleaf Inc, a Toronto-based design and build landscape firm, exclaims, recounting his feelings after listening to LMN President Mark Bradley speak at a budgeting seminar earlier this year. With a background in business, Kevin says he has always had a good grasp on the principles of managing and running his business or, more importantly, what he should be doing! But, as is the case with many business owners, he was uncertain as to how to follow through and implement what he knew.

After hearing Mark speak, Kevin was eager to get in on a workshop and really apply the concepts and knowledge he had gathered from listening in on the seminar. He knew what he had to do but he needed a system to help him do it. His answer came in the form of LMN’s Plan for Profit Workshop, “I jumped on it and was ready to go,” Kevin explains. “I knew what to expect beforehand after listening to Mark and I was just more than ready to see how to do it!”

Kevin insisted on having two fresh minds, ready and eager to learn, at the workshop to ensure he was taking full advantage of the opportunity and really absorbing the materials that were divulged.  So, he and his right-hand man attended the workshop together and we’re immediately blown away with the “invaluable” guidance and teaching and the unsurpassable level of knowledge they were receiving. “My lead hand kept saying ‘I’ve never thought of that!’ and he’s been in the business for 9 years!” Kevin says, adding that he’s a very intelligent guy, “that’s why I have him,” and he knows the job inside out. It’s the business end where many green industry professionals come up short. Kevin insists the workshop not only opened his eyes, but it bridged the gap of knowledge and understanding and sewed up the hole of miscommunication between himself and his right-hand man. “It turned out to be the perfect segue from employer to manager,” he adds.   

Kevin insists landscape professionals would be crazy not to take advantage of this indispensible opportunity that is calling right to them. “The money you spend is saving you money,” he says with a laugh, “Really! It’s a no-brainer.” In regards to the level of complexity of the workshop, Kevin is quick to assure, “It’s not rocket science.” While he does understand that it may appear “pretty daunting to some,” he insists the workshop just “made sense,” adding that the level of guidance and support will surely make up for any difficulty in comprehending the material. When asked about his real ‘A-ha!’ moment, he wastes no time getting to the point, “factoring in overhead!” he says. “It’s overhead that people don’t think about,” he says, adding that the workshop really does zero in on the importance of budgeting for overhead, a concept that many do not understand, yet one that is integral to generating better profit.

Kevin feels LMN gives him a huge advantage over his competition, and is ready to share it with all his sub trades to help them better manage and price their work.  Successful partners are indispensible to a successful business.

Want to know more about LMN’s Plan for Profit Workshop?

Here’s how a typical workshop pans out:

DAY ONE: Planning for Profit

In order to be successful, you need to know how to be successful.  On Day One, you’ll build an operating budget specific to your company that will help you manage your company with numbers instead of instincts.  Not only will we build a budget, we’ll show you how to use it to:

  • recover your overhead and profit
  • pay crews based on performance
  • make informed equipment decisions
  • identify and fix waste and lost profits in your business 

(Your financial info will be kept confidential).

DAY TWO: Systems for Success

With a plan for profit in place, attendees will estimate based on a pricing system calculated for profit, then learn systems and best practices for hiring, bonuses, pay-for-performance, job planning and preparation, and accounting/jobcosting that will help them achieve their goals for profit, productivity, and efficiency.

Register for our Plan for Profit Workshop: we’re in Ottawa next!

Learn more about our Ottawa workshop here!

Register for our Ottawa Plan for Profit Workshop here!

View our calendar of upcoming workshops and events here.


lmnad234x60.GIF

Posted in Dollars + Cents, Efficiency, Events, Real Contractor Stories, February 25th, 2011

Leave a Reply

*

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 1,419 bad guys.


Read Other Articles
Get Updated! Connect With LMN
lmnad234x60.GIF
PeterbiltBannerForWeb.PNG
Mike Rowe’s Trades Hub
Trades Hub
PINPOINGPS-partner-logo2.jpg
ProperityPartnersBanner.gif
Alltop_125x125.jpg
LMN MAIN SITE
DEMOS
EVENTS
REGISTER
SYSTEMS LIBRARY
 
LMN EVENTS
WORKSHOPS
TRADE SHOWS
 
LMN COMMUNITY
JOIN US ON FACEBOOK
FOLLOW US ON TWITTER
LMN VIDEO
PHOTO GALLERY
 
ABOUT LMN
Landscape Management Network is a collection of systems, tools, and training to help great contractors build and manage great businesses.
 
DISCLAIMER: The Landscape Management Network, LMN, offers business education for landscape and green industry contractors. The information on this website is for information purposes only and is not intended to provide or represent actual business advice to any specific company or contractor. Readers who have concerns about any of the topics posted on this site are encouraged to seek independent professional advice.
© 2010 Landscape Management Network Home  |  Demos  |  Events  |  Register  |  About  |  Contact  |  Privacy Toll-Free 1-888-347-9864
Rss Feed Tweeter button Facebook button Youtube button
.