Lawn & Landscape
Departments - Words of Wilson
If 2020 taught us anything, it s that now is the time to establish a financial dashboard.
Words of Wilson features a rotating panel of consultants from Bruce Wilson & Company, a landscape consulting firm.
Most landscape companies have managed to navigate the turbulence of the COVID-19 pandemic in 2020. Thanks to the vaccine, we may see the economy and consumer spending rebound this year. However, it is unclear if the damage done by shutdowns and high unemployment will have lingering effects on recovery. I think it would be wise to proceed with caution until we can see a more predictable future, maybe by the third quarter. In the meantime, keep a close eye on financial indicators.