Profit margin benchmarks, exit preparation strategies, and financial best practices from our team of former private equity professionals.
Why Your Chart of Accounts Matters (More Than You Think) A well-designed chart of accounts is the foundation of everything that follows:...
Roofing Bookkeeping Is Not Like Other Trades Bookkeeping for roofers has a different set of challenges than bookkeeping for HVAC, plumbing, or...
Call center metrics that drive profit for home services companies. Booking rates, conversion rates, CSR performance, and how to connect them to...
Two Very Different Businesses That Share a Truck Residential and commercial contracting look similar from the outside. Same trades, same licenses, same...
Most home services contractors who think they have a pricing problem actually have a sales-funnel problem. This guide walks through the three...
Most Home Service Companies Are Underpricing — and They Don’t Know It Here is a pattern we see constantly with home service...
How to calculate gross profit by department for home services companies. Why segment-level P&Ls matter more than your total company gross margin.
Payment processing fees eat 2.5% to 3.5% of every dollar your home services company collects. For a contractor running $8M in revenue,...
Profit and cash are not the same thing. A contractor can run 14% net margin and still bounce a payroll check if...
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is the number that determines what your home services business is...
Bookkeeper vs. controller vs. CFO: what each role does, when you need them, and signs you've outgrown your current financial team.
The DIY Bookkeeping Trap Every home services company starts with the owner doing the books. Or the owner’s spouse. Or a part-time...
I’ve had this conversation probably fifty times in the last two years. An owner walks in — usually late fifties, maybe early...
Most contractors who try to pass their business to a family member wing it. The ones who succeed treat it like a...
After reviewing over 200 home services acquisitions across our careers in private equity — at firms like Apex Service Partners and Black...