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Articles by Raymond Gong

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

Financial Management

Lease vs. Buy for Service Trucks: What the Numbers Actually Say

Compare lease vs. buy for service trucks with real TCO math, tax implications (Section 179), and balance sheet impact. Buying saves $20-50K/year...

Sep 27, 2026 7 min read
Business Strategy

Multi-Trade Expansion Economics: Should You Add Plumbing, Electrical, or Another Service Line?

Should you add plumbing or electrical? Learn incremental margin math, cross-sell economics, compliance costs, and what PE buyers evaluate for multi-trade businesses.

Sep 23, 2026 11 min read
Business Strategy

Location Expansion for Home Services: The Financial Model You Need Before Opening a Second Shop

Build a financial model for your second location before opening. Learn breakeven math, overhead duplication, staffing costs, and what PE buyers evaluate.

Sep 20, 2026 7 min read
Financial Management

Contractor Tax Deductions: What Your Bookkeeper Should Be Catching

Every year around February, I get calls from contractors who just got their tax bill and are in shock. They ran a...

Sep 17, 2026 10 min read
Financial Management

Home Services M&A Glossary: 9 Terms Every Contractor Should Know Before Selling

Selling, buying, or valuing a home services business means navigating a vocabulary that most owners never encounter until they’re deep into a...

Sep 13, 2026 18 min read
Financial Management

What a Strategic CFO Actually Does for a Home Services Company

Most HVAC, plumbing, and electrical company owners don’t wake up thinking “I need a CFO.” They think about growing revenue. Improving margins....

Sep 10, 2026 7 min read
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