Selling a business involves lots of negotiations, paperwork, and money. But business owners don’t always consider the emotional side of selling. What can an HVAC business owner do to determine [...]
It’s one of the first questions an owner will ask: how long will it take to sell my business? I have a standard answer, which is six to seven months, [...]
"In growing industries, the best time to buy a business was yesterday. The next best time is now." Many entrepreneurs find the heating and cooling business attractive – and for [...]
You may view your business as your baby. You've nurtured it for years, watched it grow, and loved it. You've done your best; now it's time to move on. After [...]
Selling your company is almost always an asset sale. So one of the discussions I always have with owners is about understanding and paying off debt when you sell. Getting [...]
All transitions come with their challenges, but you can take steps to minimize those challenges. As you prepare for your HVAC company to change hands to the next owner, some [...]
Whether you plan to sell your HVAC business in a few weeks, months, or years, there are some items you should cross off your task list before listing for sale. [...]
The buyer is not the enemy I’ve written before about what a seller’s responsibility is during the sale. As a broker, my job is to market the business, find a [...]
I’ve gotten several questions on the differences between selling a franchise HVAC business and one that you’ve built yourself. The principles of selling the two kinds of companies are the [...]
Perhaps you’ve heard the term ‘private equity’ thrown around as a buzzword within the HVAC industry, but you’re unsure what it means. What Does Private Equity Mean? A Private Equity [...]
