How to Find The Best HVAC Broker When Selling Your Business
Your chest is getting heavy, and your stress level rises daily. You know you're ready to sell your HVAC business, but you have no idea where to start. Whenever you [...]
How can an HVAC business owner tell if a broker fits their interests?
While you’ve made the momentous decision to hand over the reins to your business, it can feel like you’re handing over your child. You don’t entrust its wellbeing and care [...]
Experience is the Name We Give Our Mistakes
"You must learn from the mistakes of others. You can't possibly live long enough to make them all yourself." - Samuel Levenson In a previous post, I told the [...]
Experience is the Name We Give Our Mistakes
“Experience is merely the name men gave to their mistakes.” ― Oscar Wilde I was 35 years old when I sold the first business I’d built. I became a broker [...]
Understanding the Worth of Your HVAC Business
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, [...]
Tight Money Economy; Is It Time to Consider Owner Financing?
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 [...]
What are owners’ reasons for selling their HVAC businesses?
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 [...]
Manage The Heat During The Busy Season
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 [...]
HVAC Sale: Multiples Don’t Tell the Whole Story
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 [...]
How Much Do You Really Make in your HVAC 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 [...]