Economy and hvac - Articles - Page 2

JB Warranties Makes Inc. 5000 Fastest Growing Private Companies for Fifth Time

August 19, 2024

Inc. revealed that JB Warranties has made its annual list of the fastest-growing private companies in America.

There Are No Silver Bullets in HVAC Sales

Putting in the necessary work to succeed in sales

Chris Hondl

January 17, 2024

How can you get customers to buy from you? Implement these processes that focus on what those customers want.

The Economy’s Impact on the Construction Industry in 2024

Dr. Anirban Basu, Chief Economist for SMACNA, shares some predictions for the upcoming year

Stacey Winconek

December 14, 2023

“It’s not time for complacency. It’s not time for the status quo. It’s time to embrace the risk and deal with it aggressively," Basu said.

HARDI September Data Shows Distributor Sales Dip

November 3, 2023

Given the context, including a month with one less billing day than September 2022, sales seem to be treading water at an elevated level, said Brian Loftus, HARDI’s macroeconomic and residential market analyst

Five Strategies to Wake Up Growth in the Face of a Slowdown

It’s been hot, but the calls aren’t coming in like they were last year

Chris Hunter

August 29, 2023

The expectations were high after coming off of the COVID-era growth rates, but the reality is many contractors are finding themselves confronting an unanticipated slumber to summer.

Contractors Not Offering Financing Likely Losing Business

An HVAC Minute Video Update: August 14, 2023

Hannah Belloli-Oster

August 14, 2023

In order for HVAC contractors to start offering financing if they aren’t already, they have to take the time find the right lender/finance company, train their staff, and invest in understanding what it means for their customers and their company in order to make it profitable enough to outweigh any associated costs.

Tight Money Economy: Is It Time for HVAC Owners to Consider Financing?

Through financing, you may be able to sell your business for more money

Patrick Lange

August 13, 2023

If you’re thinking about selling your business within the next year, interest rates will have a definite impact on the number of buyers who will be able to offer top dollar for your company.

HVAC, Plumbing, and Electrical Market Perspectives — Summer 2023

The back half of 2023 should remain active but at volume levels below those seen over the last couple of years

Will Schryver

July 7, 2023

Contractors focused primarily on service, maintenance, and repair should continue to see steady, healthy growth, even in a slowing economic environment.