Financial Management
HVAC Business Plan: The Financial Playbook for Starting or Scaling
I’ve reviewed over 200 home services P&Ls over the course of my career. Before starting Profitability Partners, I was on the acquisitions...
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...
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...
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,...
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...
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...