INSIGHT OF THE WEEK
“On Mother’s Day, we do 20% of our yearly sales in a six day period. During that month, we don’t have enough of anything and during the other months, we have too much. It’s a really tricky business to run efficiently.“
-Mike Byland, Byland Nurseries ltd.
Keeping Your Seasonal Business Thriving
Mike Byland, a third generation owner of Bylands Nurseries Ltd., joins the show to discuss the ins and outs of running a family business. Mike shares tips for successfully managing cash flow and operations in a seasonal business, and reveals how the company is attracting skilled employees in a tight labor market.
In this episode of Resilience Radio, we explore:
- How to balance personal and business roles when working with relatives.
- How to develop positive relationships with lenders.
- The value of creating paid internships.
- Strategies for adding the right people to your team.
Bylands Nurseries Ltd. is one of Canada’s largest wholesale plant nurseries. They have been in business for over 60 years and currently farm 500 acres.
Take a Listen!