Listen "Teaching the Game of Business To Your People"
Episode Synopsis
If you asked your crews how much profit your company makes, what would they say?
Our research shows they’d guess a lot more than you actually do.
Most leaders are surprised when they hear their troops give the common answer of 50% net profit. That’s clever in a way — because it’s close to your gross margin — but it reveals a major disconnect.
Your team understands the cost of materials and labor in the field. But they don’t see the other costs that eat away at profits.
You and I know the truth: landscaping runs on high volatility and thin margins. Until your people understand that, you’ll never get them fully protecting the bottom line.
The post Teaching the Game of Business To Your People appeared first on Jeffrey Scott.
Our research shows they’d guess a lot more than you actually do.
Most leaders are surprised when they hear their troops give the common answer of 50% net profit. That’s clever in a way — because it’s close to your gross margin — but it reveals a major disconnect.
Your team understands the cost of materials and labor in the field. But they don’t see the other costs that eat away at profits.
You and I know the truth: landscaping runs on high volatility and thin margins. Until your people understand that, you’ll never get them fully protecting the bottom line.
The post Teaching the Game of Business To Your People appeared first on Jeffrey Scott.
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