Succession planning - Articles - Page 2

Financing Your Succession Plan: Seller and Buyer Options

February 7, 2023

AHR Expo session, hosted by Women in HVACR on Feb. 8 at 12:00 p.m. in room B316.

Three Reasons to Think About Mergers and Acquisitions

Dena Jalbert

February 2, 2023

As the owner of an HVAC company, right now anything other than meeting customer demand might fall to the bottom of your list. But now is a great time to think about an option you might not have considered: success through an M&A.

‘Tis The Season To Sell Your HVAC Business

David Braun

December 7, 2022

For decades, family-owned HVACR companies have had succession plans established by birthright. But much has changed and many businesses don’t have succession plans.

Don’t Sell Your HVAC Business Too Late

Some sales processes take a long time to go through

Peter Flippen

September 10, 2022

For many HVAC owners, it’s never too late to sell a business. But selling a business is a process. The sale can wrap up quickly or require the original owner to work for the new owners for an extended period.

Meet The Wholesaler: Richard Cook

HVAC veteran led Johnson Supply into DT Top 30 this year

Matt Jachman

July 10, 2022

Johnson Supply is a Houston-based HVACR wholesaler that will mark its 70^th anniversary this year, and president and COO Richard Cook has been with the company for more than half that time.

The Unified Group Hosts 2022 HR Forum

Succession planning, talent development, and more topics discussed

July 1, 2022

After last year’s virtual Human Resources Forum, The Unified Group hosted a face-to-face meeting in Texas in 2022.

Service Agreements Lead to HVAC Business Growth, Consumer Loyalty

Transparency and reliability of companies helps turn customers into clients

Layan Dahhan

April 29, 2022

Homeowners should be proactive and schedule regular maintenance check-ups, which can be made easier with service agreements.

Considerations for HVAC Businesses Looking to Be Acquired

Hetal Engineer

February 27, 2022

While many HVAC companies are prepared for booming growth and expansion these days, others within the industry may be in a better position to consider market consolidation instead.

Reasons Why HVAC Businesses Are Positioned For Market Consolidation

Hetal Engineer

February 19, 2022

While growth may be the case for a number of HVAC businesses, it’s not necessarily the future of every one. In fact, some of them are best positioned for market consolidation.