Private Equity is Like Oakland
Writer, Gertude Stein once wrote, “There’s no there, there,” in reference to Oakland, California. Increasingly, this seems to be the case with private equity. Personally, I’m a fan of private equity’s...
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13 Things No One Tells You About Selling Your Business
A lot of contractors have sold their companies to private equity. More will join them over the next few years, and others will sell to family, employees, competitors, and other buyers. Nearly all will be selling a business for the first time...
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26 Resolutions for 2026 | Contracting Business
It’s a new year. What are you going to do to make your business better? Here are 26 resolutions for 2026. Pick one. Do it. Then pick another. 1. Reduce the time it takes to generate financial reports. The faster you can generate your...
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Here Comes the Rebound | Contracting Business
Do you wonder what happens to the contractors who sell to private equity? A lot of them are too young to retire. Their non-competes will soon expire. When they do, get ready for the rebound. Contractors who sell to private equity usually, though...
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20 Questions to Ask When You’re Struggling
6. Do I have low margin business I should exit? Typically, this is residential new construction. It can be profitable at scale. Few companies manage this. If you’re not one of them, walk away. 7. Can I boost average tickets? Slowing down...
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Get Ready For a Great Run in HVAC Replacements
Due to my certainty and data driven approach, the parent company didn’t impose a layoff, though we were held to our original profit plan. We smashed it, as the industry recorded 9.3 million shipments in 2020, with 8 million coming from the...
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An AI Blue Sky for HVAC
Look for improvements in inventory management, truck maintenance, HVAC troubleshooting, training and more. Source link
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8 Lies HVAC Contractors Tell Themselves
There have always been lies contractors tell themselves. Some never seem to change. Others vary with the times. Here are eight lies contractors are telling themselves in 2024. 1. I Cannot Charge More This is the most common lie contractors tell...
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Tricks to Keep away from Burnout | Contracting Enterprise
Running a contracting business is hard. It’s even harder when facing a contraction, which we are seeing in the replacement market due to the shipment cliff that reflects when the industry contracting 40% from 2005 to 2010. Burnout, always...
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