As you know, HVAC companies are thriving as the industry continues to soar. Many private investment companies have consolidated small equity players, driving up the value of your companies. Additionally, [...]
On July 26, the Fed raised interest rates another .25% after a brief pause. They also signaled that another raise may be coming. The move nudged the federal funds rate to [...]
Business owners decide to sell for many reasons: They’re tired of being the boss. They’re empty nesters, so they don’t need reliable income anymore. They want more freedom. There are [...]
It’s hot. Really Hot. Record-breaking hot. And your phone is ringing off the hook. Many HVAC company owners are overwhelmed during the peak months of July and August. They’ve got [...]
FOMO (Fear of Missing Out) is alive and well in the HVAC Industry. At every industry trade show, there’s at least one presentation by a guy who sold his business [...]
It sounds like a simple question: How much do you make each year in your business? For some owners, it can be surprisingly hard to give an exact answer. Here’s [...]
This is a good time to review and update your company’s pricing, especially if you’re considering selling the company within the next year or so. No one knows better than [...]
Here’s your Checklist for Selling this Fall If you’re getting close to putting your company on the market, there are some steps you can be taking to increase the value [...]
If you’re thinking about selling your company, I always recommend you work with an experienced business broker. And there are plenty to choose from - an estimated 10,000 brokers operating [...]
In almost every business listing, we add this sentence: “Owner is willing to stay short-term to ensure a smooth transition.” What does that mean for the seller, and why does it [...]
