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Articles by Raymond Gong

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

Financial Management

AI for Home Services Companies: What’s Actually Worth Your Money (and What’s Just Hype)

Every trade show, every vendor email, every podcast — the message is the same: AI is going to transform your business. And...

Mar 5, 2026 6 min read
Financial Management

Most Home Services Companies Are Leaving 500 Basis Points of Margin on the Table

McKinsey & Company recently published a study on the US home services market that included a finding most contractors will read right...

Mar 5, 2026 9 min read
Financial Management

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

Plumbing profit margin benchmarks from the P&Ls of home services companies we work with. Department-level targets, overhead rates, and what separates the...

Feb 26, 2026 7 min read
Exit Preparation

How to Value an HVAC Business: Multiples, EBITDA & What Buyers Pay

Learn how home services companies are valued, what drives EBITDA multiples, and what you can do now to maximize your HVAC company's...

Feb 26, 2026 11 min read
Financial Management

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

HVAC profit margin benchmarks from the P&Ls of home services companies we work with. Department-level margins, overhead targets, and what drives premium...

Feb 26, 2026 11 min read
Exit Preparation

What Adjustments Are Usually Made to EBITDA and Why?

Common EBITDA adjustments buyers make during due diligence: owner comp, one-time expenses, related-party transactions, and why they matter for valuation.

Jun 11, 2024 11 min read
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