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Articles by Raymond Gong

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

Financial Management

How Much Should HVAC Business Owners Pay Themselves?

HVAC owner compensation benchmarks by company size. How to structure salary vs. distributions and avoid the mistakes that cost owners during due...

Mar 10, 2026 8 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

Home Services Overhead Rate: How to Calculate and Benchmark Your Operating Costs

How to calculate and benchmark your home services overhead rate. Category-by-category targets and the five most common overhead problems contractors face.

Mar 7, 2026 8 min read
Financial Management

Electrical Contractor Profit Margins: What We See Across Our Clients’ P&Ls

Electrical contractor profit margin benchmarks from the P&Ls of companies we work with. Service mix, overhead targets, and what separates the top...

Mar 6, 2026 6 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 7 min read
Financial Management

The Home Services KPI Dashboard: 20 Metrics That Drive Growth and Enterprise Value

Most home services owners track revenue and maybe net income. The best operators — the ones PE firms pay premium multiples for...

Mar 5, 2026 15 min read
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