Business Modification Group

Insights on Buying or Selling HVAC Business

Selling your HVAC Business: You Don’t Have to Say Yes

By |2024-12-16T10:52:30-05:00December 16th, 2024|Selling HVAC Businesses|

Many brokers believe the market for acquisitions will heat up in 2025. That’s good news if you’ve been thinking of selling or retiring. But before you list, here’s a reminder [...]

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To Keep or Not to Keep the Name of the HVAC Business You Acquired

By |2024-10-27T22:35:52-04:00December 10th, 2024|HVAC Business|

Hurray! You've accomplished a massive milestone in your career: one or more successful HVAC acquisitions or mergers. That's an exciting step toward your business vision and possibly opens you up [...]

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What is Negotiable in Your HVAC Company Sale Agreement?

By |2024-12-04T11:00:45-05:00December 4th, 2024|HVAC Business|

What’s negotiable? The short answer, as you’ve probably guessed, is “everything.” I’ve never seen any deal close without some back and forth between the parties. The seller is always in [...]

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Selling Your HVAC Business? Some Thoughts on Employee Bonuses

By |2024-12-02T14:21:27-05:00December 2nd, 2024|HVAC Business, Selling HVAC Businesses|

This question comes up often when someone is closing on the sale of their business. Should I include the cost of employee bonuses in the sale agreement? There are two [...]

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Planning Your Retirement as an HVAC Business Owner

By |2024-09-23T19:00:16-04:00November 21st, 2024|HVAC Business, Selling HVAC Businesses|

Thinking about your upcoming retirement might bring on a mix of emotions. The uncertainty of life without your business can be unsettling and exciting in the same breath. Building your [...]

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Should You Add Another Trade to Your HVAC Business?

By |2024-11-21T12:33:40-05:00November 21st, 2024|HVAC Business|

I talk to a lot of business owners, and I get this question frequently: I’m thinking of adding (plumbing, electrical, etc.) to my HVAC business. Do you think that’s a [...]

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Technician Turned Owner: 5 Steps to HVAC Business Ownership

By |2024-11-29T12:39:37-05:00November 5th, 2024|Buying HVAC Businesses, HVAC Business|

Buying an HVAC business could be one of the best investments you'll ever make due to the industry's projected growth and the continuous demand for HVAC services. If you've lived [...]

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Business Brokers Protect You from Zombie HVAC Buyers

By |2024-10-29T17:36:36-04:00October 29th, 2024|HVAC Business, Selling HVAC Businesses|

I don’t know about you, but zombies have always been the scariest movie monsters for me. They used to be your neighbor, your friend, your 10th-grade teacher - and now [...]

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5 Benefits of Clean Books For Your HVAC Business

By |2024-08-28T18:54:26-04:00October 24th, 2024|HVAC Business|

Business owners often underestimate the importance of keeping and maintaining clean records, which is much easier than scrambling to get things in order when it's time to sell. Recordkeeping might [...]

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