Should You Spend More on Marketing?
Many HVAC company owners have built successful businesses by word of mouth. They have a reputation for delivering great service, and they’re proud of that. Some owners I meet say [...]
Why Developing Your Own Talent is the Best Strategy for Your HVAC Company
Finding, training, and retaining good HVAC technicians is one of the most important issues an owner has to deal with. Without good people, your business can’t grow, and might start [...]
How Long Does It Take to Secure SBA Financing?
It’s a question I get all the time: how long will it take for the SBA financing to come through? The answer depends on the effectiveness of your broker, your [...]
How Outside Factors Affect the Value of your HVAC Business
You don’t have to be an economist to know that the economy is making a difference in your HVAC business. We all thought things would just return to normal after [...]
What Does the Great Consolidation Mean for Your HVAC Business?
We’re in the midst of what some in the HVAC industry are calling “The Great Consolidation,” as large companies are buying up smaller companies at a pace not seen since [...]
Selling Your HVAC Company Doesn’t Have to Be All or Nothing
If you’re thinking about selling your company, you could consider selling some of it instead. It’s commonly referred to as “taking a second bite of the apple,” and it’s a [...]
How Do HVAC Extended Warranties Impact the Sale Negotiation?
https://www.youtube.com/watch?v=UnLs-kWoomk How Do HVAC Extended Warranties Impact the Sale Negotiation? The responsible HVAC service company owner extends warranties on workmanship sometimes even beyond what the manufacturer offers. It's necessary to [...]
Do You Have the Right Attorney For the Job?
When you think of an attorney, what discipline comes to mind? Divorce, criminal defense, bankruptcy, estate planning, personal injury, or perhaps real estate? A quick Google search references 26 different [...]
Planning to Sell Your HVAC Company? Tell Your CPA!
Making the decision to sell your company, or at least exploring the possibility, is something you need help with if you want to have the most lucrative exit possible. Make [...]
How Do World Events Affect the Value of Your HVAC Business?
Let's not bury the lead here. It's still a great time to sell your HVAC business. However, there are a few things I have my eye on that could affect [...]