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

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.

 

 

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