succession planning | Plumbing & Mechanical

Matt Michel: 7 ways to know it is time to exit

Understanding how increased private equity activiy is impacting plumbing businesses.

May 5, 2023

There has been a lot of private equity activity in the service trades since the COVID-19 lockdowns. Suddenly, boring old businesses gained monetary sex appeal when they were declared essential and could continue making money while many other local businesses were effectively shuttered. This has led to a land rush for good service contracting businesses and many plumbers have grabbed the brass ring while the grabbing was seen as good.

Seven tips for preparing for disasters and other emergencies

Kelly Faloon

December 21, 2015

Follow these seven tips to keep you safe during a disaster.

A family affair revisited

Kelly Faloon

October 28, 2015

The company should always come first.

Business plan targets

July 20, 2015

Consistency helps to set the right expectations.

7 tips to find the right accountant

In any small business, the right accountant functions almost like a partner.

June 22, 2015

Do your homework to find the right fit for both of you.

Will, estate plan are essential for the survival of your business

Al Levi

December 9, 2014

I was 25 years old and my dad’s instructions to me and to my older brothers were to have an estate plan done and make a will.

Think about retirement now in order to save the money you'll need then

How much profit is enough?

July 29, 2014

The key phrase here is “financial gain.”

A fresh set of eyes

August 26, 2013

Sometimes, we can be lucky enough to know we need a business plan.

Information or Implementation?

Commit to getting done what must be done.

Al Levi

April 19, 2013

After my first year as a consultant to the various trades I had worked in (and some I never worked in), my brothers asked me what had I learned and what I felt made the difference between the winners and the losers in the contracting business.