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Articles by Raymond Gong

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

Exit Preparation

10 Financial Mistakes Home Services Owners Make Before Selling

The gap between having a valuable business and getting that value at close is where most owners lose money. These 10 avoidable...

May 30, 2026 8 min read
Financial Management

1099 vs W2 Contractors: How Home Services Companies Should Classify Their Workforce

The Real Difference Between 1099 and W2 in Home Services The question of 1099 vs W2 contractors comes up constantly in home...

May 26, 2026 10 min read
ServiceTitan

ServiceTitan vs. QuickBooks: What Each Tool Actually Does for Your Finances

ServiceTitan vs. QuickBooks: what each tool actually does for your home services business. They're not competitors — they're complementary systems.

May 23, 2026 5 min read
Exit Preparation

What Is an Earnout in a Business Sale? A Home Services Owner’s Guide

An earnout is a deal structure where a portion of the purchase price is contingent on the business achieving certain performance targets...

May 21, 2026 12 min read
Financial Management

What Your Bookkeeper Should Tell You Every Month

In our experience working with plumbing, HVAC, and electrical contractors across the $5M to $30M revenue range, we’ve noticed something troubling: most...

May 20, 2026 12 min read
Financial Management

Home Services Call Centers: Inbound vs. Outbound — An Interview with Tim Pinsel of Elite Call

For most home services companies in the $5M–$30M revenue range, the call center is the most underleveraged profit lever in the entire...

May 19, 2026 16 min read
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