Million Dollar Landscaper Podcast

Why Your Profit and Loss Statement Could Be Costing You Money- MDL Episode 336


Listen Later

In this episode of the Million Dollar Landscaper Podcast, hosts Scott and Kati Molchan dig into one of the most overlooked but critical aspects of running a successful landscaping business: your P&L (Profit and Loss) statement.

 

If you’ve ever wondered why your profits don’t match up with what’s in your bank account, or how other landscapers claim they’re hitting sky-high profit margins, this episode is for you.

Scott and Kati break down why having a properly set-up P&L is the foundation for pricing your work accurately, making smarter financial decisions, and staying profitable year-round. From understanding gross vs. net profit to identifying mistakes in your overhead and labor costs, they’re sharing the insights every landscaper needs to know.

 

💡 "Most landscapers aren’t charging enough because they don’t truly know their numbers. Let’s fix that."

 

In this episode, we cover:

  1. Why your P&L might be giving you bad info—and how to fix it.

  2. The difference between gross profit, net profit, and what they mean for your business.

  3. Common mistakes landscapers make when setting up their P&L.

  4. Why comparing your numbers to others can be misleading.

  5. How understanding your costs is the key to accurate pricing and bigger profits.

    🌟 Ready to take control of your numbers and charge what you’re worth?

     

    Tune in for real-world advice, practical tips, and actionable strategies to help you build a stronger, more profitable landscaping business.

     

    🎉 Let’s keep the conversation going!

    Join our free Facebook group, Landscaping Business Owners, and share where you struggle with your numbers. We’re here to help you grow!

    👉 Join here https://www.facebook.com/groups/landscapingbusinessowners

     

    📒 Show Notes 📒

    Our mission here at Million Dollar Landscaper is to help you grow a profitable landscaping business.

     Here are the ways to work with us here at Million Dollar Landscaper:

    ⚡️PODCAST: Listen to the podcast https://www.milliondollarlandscaper.com/podcast

    ⚡️PROGRAMS: Learn about our online courses at: https://www.milliondollarlandscaper.com/workwithus

    ⚡️YOUTUBE: Check out our videos at https://www.youtube.com/c/MillionDollarLandscaper

     

    Connect with Scott Molchan on Social Media:

    Facebook: https://www.facebook.com/milliondollarlandscaper

    Instagram: https://www.instagram.com/milliondollarlandscaper/

    We would really appreciate it if you would leave us a review at: https://podcasts.apple.com/us/podcast/million-dollar-landscaper-podcast/id1367445237

    TOOLS AND APPS WE RECOMMEND

    -Cycle CPA: Accounting Services For The Green Industry & Service-Based Businesses, Bringing a business mind to accounting. https://t2m.io/H4hkcEg

    -Green Frog Web Design: Green Frog understands the struggle of finding a dependable website designer as a lawn and landscape company. Their aim is to demystify web design and foster trust to help your business grow. http://mdl.coach/greenfrog

    This video is sponsored. Some links are affiliate links which means if you buy something, we'll receive a small commission.

     

     

    #milliondollarlandscaper #scottmolchan #katimolchan #landscapingbusiness #landscaperlife #landscapingprofits #knowyournumbers #profitsup #pricingstrategies #landscapersuccess #smallbusinessgrowth #budgetingtips #landscapingfinancials #businesscoaching #entrepreneurmindset #landscapinggoals #businesssuccess #chargeyourworth #growyourbusiness #landscapingbudget #profitandloss #landscapingtips #businessgrowthstrategies #lawncarebusinessowners #savetime #landscapinghelp #nextlevelgrowth #smallbusinesssuccess #milliondollarlandscaperpodcast

     

    Disclaimer: Please see the link for our disclaimer policy for our videos and podcasts on the Million Dollar Landscaper Podcast and YouTube channels. https://www.milliondollarlandscaper.com/disclaimer#LandscapingBusiness #Perfectionism

    ...more
    View all episodesView all episodes
    Download on the App Store

    Million Dollar Landscaper PodcastBy Scott and Kati Molchan | Landscaping, Green Industry

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    62 ratings


    More shows like Million Dollar Landscaper Podcast

    View all
    Craig Groeschel Leadership Podcast by Life.Church

    Craig Groeschel Leadership Podcast

    10,760 Listeners

    The EntreLeadership Podcast by Ramsey Network

    The EntreLeadership Podcast

    4,416 Listeners

    Jocko Podcast by Jocko DEFCOR Network

    Jocko Podcast

    30,808 Listeners

    REAL AF with Andy Frisella by Andy Frisella

    REAL AF with Andy Frisella

    391 Listeners

    THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

    THE ED MYLETT SHOW

    14,021 Listeners

    Bedros Keuilian Podcast Show by Bedros Keuilian

    Bedros Keuilian Podcast Show

    2,286 Listeners

    Maxwell Leadership Executive Podcast by John Maxwell

    Maxwell Leadership Executive Podcast

    381 Listeners

    Maxwell Leadership Podcast by John Maxwell

    Maxwell Leadership Podcast

    2,458 Listeners

    The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

    The Home Service Expert Podcast

    733 Listeners

    Green Industry Podcast by Paul Jamison | Lawn Care + Landscaping

    Green Industry Podcast

    431 Listeners

    Unashamed with the Robertson Family by Tread Lively

    Unashamed with the Robertson Family

    24,762 Listeners

    Fullerton Unfiltered by Brian Fullerton

    Fullerton Unfiltered

    1,164 Listeners

    The Green Grind Podcast by Kaz

    The Green Grind Podcast

    163 Listeners

    Contractor Evolution by Breakthrough Academy

    Contractor Evolution

    50 Listeners

    Profits with Pajak by John Pajak

    Profits with Pajak

    39 Listeners