How Can You Evaluate the Ethics of an HVAC Broker Before Working With Them?
When working with a broker to sell your HVAC business, ethics and transparency are crucial. With less than ideal business dealings happening in the world, how can you tell the broker you are dealing with will work in ethical ways? Some business owners shared their thoughts on how to ensure you will be working with […]
What Are the Causes of HVAC Business Sale Failures? How Can Brokers Help Avoiding Them?
Selling a business is unlike selling any other asset. Unless you have been through the process before, you will most likely have new things to learn. Where do most HVAC business owners go wrong in selling their business? Can a broker offer assistance in navigating the unfamiliar waters of selling your business? Some business-savvy individuals […]
How Can Owners Secure the Best Price for Their HVAC Business?
When preparing to sell your HVAC business, the price point is a big consideration. What can HVAC business owners do to maximize the price their business sells for? Some business-minded individuals shared their suggestions below. Keep reading to find out what they recommend doing to get the most out of selling your business. Linda Chavez […]
What Post-Sale Accommodations Should the Buyer and Seller of an HVAC Business Consider?
Both the buyer and the seller in an HVAC business transaction should keep a long-term perspective of the transition. What are some accommodations that will help the transfer of ownership go smoothly? Some business-minded professionals shared some considerations buyers and sellers should think about. Keep reading to find out what they are. Jens Kleinholz CEO […]
What Are the Most Common Mistakes HVAC Business Owners Make When Valuing Their Businesses?
Compiling a comprehensive valuation of your HVAC business can be an overwhelming task and one that isn’t purely black and white. What are some mistakes that HVAC business owners commonly make in their valuation? Some business-savvy individuals weighed in on these common mistakes. Keep reading to see if you need to update your own valuation. […]
How can Business Owners Determine if They are Emotionally Ready to Sell their HVAC Business?
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 if they are emotionally ready to part ways with their business? Some business owners and business-savvy individuals shared their thoughts on how to be introspective […]
How can HVAC business owners ensure a successful handover to the new owner?
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 thoughtful tips can help make the conversion as seamless as possible. Some business-savvy individuals shared their tips for a successful transition below. Patrick Grayson Founder […]
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 to anyone. It’s crucial to select an HVAC business broker that fits your interests. But how do you know who will represent you and your […]
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 impending industry changes. You could make guesses all day. If you’re wondering why owners offload their HVAC businesses, these brokers and business executives cite some […]
