Recently there have been a few high-profile embezzlement cases at nurseries. Just in Oregon, almost $5 million was stolen from two nurseries. Any industry can be impacted by embezzlement and fraud. Fraudsters generally don’t target a specific industry. They end up seeing an opportunity where they work. The best way to stop an embezzlement is […]
Mastering the merge
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Nurseries share the benefits of integrating wholesale and retail in one operation It was 38 years ago and Grace Dinsdale had just launched Blooming Nursery, a wholesale nursery in Cornelius, Oregon; just west of Hillsboro. Her goal from the get-go had been to operate as a wholesale nursery that could supply the industry with a […]
Protections for your selections
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Breeders and growers looking to protect their work have several available options There are a multitude of options for intellectual property (IP) protection for plants and plant-based inventions in the United States. A well-honed IP strategy can result in innovation and growth for just about any nursery stock producer, retailer, landscaper and related companies serving […]
Proper credit
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Nurseries need to play it safe when it comes to setting payment terms In 2006, about six years after he founded JLPN Inc., a nursery seeding operation in Salem, John Lewis had finally reached a point where he was ready to begin operating on cash. Up until then, the business had been run largely on […]
Moves to make while the economy is still good
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Market fluctuations and shifting consumer trends can create economic complications for businesses across industries. However, even though an economic downturn may be looming, the nursery industry’s current strength provides a sturdy foundation for making informed business decisions that could position companies for stability and growth, regardless of outside influences. Following are three steps your nursery […]
Growing at the right pace
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Marred by the recession, nursery growers are evolving along with the industry Over the past few years, Minnesota-headquartered Bailey Nurseries worked on breeding a new addition to its Endless Summer® brand of hydrangeas. Called Summer Crush®, the plant erupts in raspberry red or neon purple flowers, hues that are much bolder than the standard […]
Brewing up some lessons in marketing
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One of the most popular events at the Farwest Show is the annual Pub Crawl. So in this, the Farwest issue, let’s talk about — you guessed it — beer. Before we go on, I must confess that for a Portland native and current resident, I fail my city in two major ways: I don’t […]
When a buyer comes knocking
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Steps to take if you receive an unsolicited offer to purchase your business Mergers and acquisitions are commonplace these days, buoyed by strong industry interest and performance, availability of capital, and low interest rates. In this world, it is not uncommon for nursery owners to receive unsolicited offers to purchase their company. These can come […]
Native plant production and marketing
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There are barriers to full adoption of these plants, but also opportunities to promote their adoption By Aaron Anderson Native plants represent an area of untapped growth and expansion for the nursery industry. For example, the American Society of Landscape Architects (ASLA) ranked native plants and native/adapted drought-tolerant plants as the top two landscape and […]
Identifying value and waste
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The key is in knowing what the customer is actually willing to pay for The central concept of Lean is to identify process steps that add value and those that are wasteful, eliminating the latter to become more efficient. It sounds simple but isn’t. Rick and Elizabeth Peters own a Wilsonville, Oregon-based Lean consulting firm, […]
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