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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.

BrightView

Greg Herring analyzes BrightView’s latest financial update

Managed exits, centers of excellence, wallet share, working capital management. What do those phrases mean? They mean that BrightView Holdings has a strategic plan and is executing that plan. The proof is in the company’s financial results for the year ended Sept. 30, 2018. Before we get to the numbers, let’s review BrightView’s strategic plan […]

Report image (Photo: iStock.com/Worawee Meepian)

Compete by mining your financials

How can average companies compete against large companies and lowballers? That’s the question. Here’s the short answer: They can’t. Average companies are just that—they’re average. Middle of the pack. Not special. Neither good nor bad. Just average. Polls have shown that in America, the majority of people consider themselves above average—a mathematical impossibility. If you […]

Finance expert Herring analyzes BrightView’s financial statements

BrightView released its financial statements and related disclosures for the quarter ended June 30. This information has great value for owners of landscape companies. I have simplified the company’s income statement and provided some observations below. As a CFO, I assemble and review rolling 12-month income statements in seasonal industries like the landscape industry. The […]

Finance expert sheds light on BrightView’s income statement, profit margins

Prior to going public, BrightView Holdings filed a 200+ page document with the Securities and Exchange Commission to discuss its business strategy, operations and financial statements. This document is designed to provide potential investors in BrightView with the information they need to make a wise investment decision. That information also holds tremendous value for BrightView’s […]

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