Skip to content

Author: Greg Herring

Greg Herring

Greg Herring

Greg Herring has served as a CFO of both public and private companies. Herring is the founder and CEO of The Herring Group, financial leaders in the landscape industry on a mission to improve the profit margin of companies and the life margin of owners by using its proprietary process, the Path to 12 percent.  Read his blog at herring-group.com or get in touch at greg.herring@herring-group.com.  

(Photo: Eoneren/ E+/ Getty Images)

BrightView rebuilds: The long road ahead

Greg Herring shares details of BrightView’s capital expenditure and revenue growth strategies and more.

(Photo: FreshSplash/ E+/ Getty Images)

Grow your Green: The haves and the have-nots

Greg Herring examines the differences in landscape company haves and have-nots based on his recent Herring Group Benchmark Report.

photo: Igor Kutyaev / iStock / Getty Images Plus / Getty Images

Grow your Green: Better, faster decisions with automated reporting

Few people would argue that making better, faster decisions is essential to running a more efficient landscape business. Still, many owners in our industry continue to run their operations from the top down based on instincts. If owners have good instincts, their businesses grow. But what happens when owners start adding managers and no longer […]

(Photo: Motortion / iStock / Getty Images Plus / Getty Images)

Grow your Green: Owners must shift gears to grow well

Greg Herring discusses growth within a company and the stages of development.

BrightView rebuilds: A financial and operational update

Greg Herring provides an update on BrightView’s financial and operational changes in the latest fiscal quarter.

Sack of cash. PHOTO: ©istock.com/artisteer

Common traits of large, high-profit-margin companies

Greg Herring shares traits that highly profitable companies have in common such as strong leadership and planning, a focus on people and diligent execution.

Latest earnings report shows rebuild approach for BrightView

Greg Herring explains how BrightView’s latest earning report shares more about the changes the company has implemented and the opportunities those changes create in your business.

(Photo: bymuratdeniz/E+/Getty Images)

Grow your Green: Take advantage of opportunities created by private equity competitors

Greg Herring shares how PE firms have created liquidity for landscape business owners, providing an opportunity to cash out and exit.

Illustration: solvod / iStock / Getty Images Plus / Getty Images

Grow your Green: These numbers tell a story

Greg Herring looks at the 10th Annual Landscape Industry Benchmark Report, which shares some interesting statistics on how most companies can be a lot more profitable than they are.

(Photo: JohnGollop/E+/Getty Images)

Grow your Green: One owner’s unconventional approach gets results, brings joy

Greg Herring shares how finding a greater life margin can also lead to a greater profit margin at your business.

(Photo: JohnGollop/E+/Getty Images)

Grow your Green: One owner’s unconventional approach gets results, brings joy

Greg Herring shares how finding a greater life margin can also lead to a greater profit margin at your business.

Please Fill Out The Following Fields.

Put the power of compounding to work for your business

Greg Herring shares how compounding is relevant in many areas of business and life.

Logo: LM Staff

Latest earnings report shows back to the basics approach for BrightView

Greg Herring shares how BrightView’s latest earning report is an indication the company is in transition – a transition back to the basics.

(Photo: NicoElNino/iStock / Getty Images Plus/Getty Images)

Questions to ask yourself as an owner of a landscape business

Greg Herring explains how asking questions helps to brainstorm, expand thinking and forces individuals to be creative and consider many possibilities in order to make better decisions.

BrightView’s latest earnings report indicates more changes coming in its pursuit of growth

Greg Herring analyzes what BrightView’s latest earning report may indicate in the face of rising pressures from interest rates and inflation and changes in the company’s management.

profit (Illustration: iStock.com/champc)

4 habits all high-performing landscape companies share

How do high-performing companies consistently achieve a 10 percent-plus operating margin? Greg Herring breaks down four habits they have in common.

Does BrightView’s valuation signal a shift in focus to short-term results?

Greg Herring breaks down the implications of BrightView’s current valuation to landscape business owners looking to cash in.

(Illustration: Happy_vector/iStock / Getty Images Plus/Getty Images)

Grow your Green: How your income statement can help your business win

Greg Herring explains how your income statement is the most accurate representation of your company’s performance and helps you see how to grow.

Does BrightView’s latest earnings report serve as an industry warning?

Greg Herring breaks down BrightView’s latest valuation and whether it represents a warning to the industry and specifically sellers of landscape companies.

(Graphic: The Herring Group)

Grow your Green: The opportunity presented by 10 percent operating profit margin

Greg Herring breaks down The Herring Group’s Landscape Industry Benchmark Report, which shows most companies can be a lot more profitable than they are.

(Photo: pagadesign/E+/Getty Images)

Grow your Green: Are your incentive plans like a lottery ticket?

During this time of year, we work with many of our landscape clients to create incentive plans for key employees for next year. Not all landscape companies are ready for incentive plans.  To be ready, a landscape company must have: Accurate, timely and accessible data; Employees who have the capability to win; Employees who have […]

(Photo: Dmytro Lastovych/iStock / Getty Images Plus/Getty Images)

Grow your Green: Why anchoring weighs down the profitability of your business

Greg Herring explains how in the landscape business, a cognitive bias called anchoring can hold back the path to increasing profit margin.

BrightView’s latest earnings report breaks down the impact of inflation

Greg Herring discusses BrightView’s latest financial results and the impact of inflation on the quarter that ended June 30, 2022.

BrightView’s latest earnings report shows company’s growth in revenue

Greg Herring discusses BrightView’s growth in revenue while looking at the company’s latest financial results for that quarter that ended March 31, 2022.

To top