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Articles by Raymond Gong

Insights on profit margins, exit preparation, and financial management for home services contractors.

Financial Management

Cash vs. Accrual Accounting for Contractors: Which Basis Fits Your Business?

Cash vs. accrual accounting for contractors explained. When each method works, when to switch, and the hybrid approach that gives you the...

Mar 13, 2026 6 min read
Financial Management

When Is the Right Time to Sell Your Home Services Business? (It Is Not Just About Retirement)

Most of the content around selling a business focuses on the exit itself — multiples, deal structure, due diligence. But the decision...

Mar 8, 2026 7 min read
Financial Management

Private Equity and HVAC: Why Buyer Demand for Home Services Companies Keeps Climbing

Blackstone just agreed to pay roughly $2.5 billion for Champions Group, a residential HVAC, plumbing, and electrical platform based in Orange County,...

Mar 5, 2026 6 min read
Financial Management

The Complete Guide to Financial Management for Home Services Companies

If you run an HVAC, plumbing, or electrical company doing between $3 million and $30 million in revenue, there is a good...

Mar 5, 2026 21 min read
Financial Management

76 Percent of Home Services Companies Are Still Independent. Here Is What That Means.

There is a number buried in McKinsey’s research on the home services market that explains a lot about why private equity has...

Mar 5, 2026 4 min read
Financial Management

The PE Operational Playbook for Home Services: What They Do After They Buy

Private equity firms have spent the last five years acquiring home services companies at record pace. But the real story is not...

Mar 5, 2026 5 min read
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