You want to make more profit for your HVAC business. Where should you start? Here are some tools I put together over the last few weeks.
Is your profit above or below average? To find out, start here Higher HVAC Profit with the POA Method. This will tell you exactly where you stand compared to other HVAC businesses and how to be better than average by pulling one of three levers.
Pricing too low is a common mistake. To fix this, I put together two pieces to help you: Why Your HVAC Job Pricing Will Make or Break You and More HVAC Profit Starts One Day at a Time. The first will help you price installations and understand how to price on purpose. The second will help you price profitable jobs every single day so you don’t die a death by a thousand cuts.
Are your technicians and administrative staff as productive as they should be? You can find out and identify which ones here: HVAC Production Benchmarks You Should Use. This will also tell you where to focus if production is not the issue.
I’m working on rolling out webinars directly to HVAC owners and their advisers in the weeks ahead. In the meantime, let me know if you have questions and comments. Grateful for your time.
Thanks,
Josh
Sign up for this blog here if you want tools to increase the value of your business or want a refreshing view on business valuation from a recovering CPA. I’m Josh Horn, CPA, CVA of Horn Valuation. I value businesses for growth and exits with a focus on HVAC and trade contractors. I also assist litigation and divorce attorneys as a business valuation consulting or testifying expert. My clients are business owners and attorneys. If you’d like more information, email me at [email protected], or call me at 217-649-8794.
I’m a licensed Certified Public Accountant (CPA) and credentialed in business valuation (CVA). I’ve been a tax and business consultant in a top 100 CPA firm and a controller in a large international company. I’ve also valued and advised small family-owned and multimillion-dollar companies. You can connect with me here on LinkedIn, Facebook, Twitter, YouTube and Instagram.
“Once-in-a-lifetime events demand an expert.”
Josh Horn, CPA and Certified Valuation Analyst