Ruby Ward Business Maintenance For Your Landscape Business

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  • 1. BUSINESS MAINTENANCE FOR YOU LANDSCAPE BUSINESS By Dr. Ruby Ward Utah State University Extension [email_address] (435) 797-2323
  • 2. WHY
    • Important to know where you stand
    • Need to examine parts of the business not just the whole
  • 3. TECHNIQUES WE WILL COVER
    • Partial Budgeting
    • Cash flow and long-term loans
      • For buildings and equipment
    • Retirement Savings
    • I am in the process of developing excel files that can be used to help businesses analyze their options. I am presenting these at a workshop at the Diversified Agriculture Conference and copies can be found on the website www.diverseag.org under “Enterprise Management Workshop”.
  • 4. HOW DO WE EVALUATE A CHANGE IN THE BUSINESS? Added revenue Plus Reduced cost Reduced revenue Plus Added Cost
  • 5. PARTIAL BUDGETING IS THE TOOL USED TO MAKE THESE KINDS OF DECISIONS