What Happened to Juan

Lawn and Landscape had an interesting article this month for their cover story. It profiled Vila and Son Landscape in Florida, one of the industry’s largest companies with 1,000 employees, and how the severe economic downturn in the state crippled the business. Some very good take-aways about the need to monitor receivables, Vila lost an estimated $10 million through bankruptcy non payments, and how the vicissitudes of the economy can bring down even the largest and strongest companies.