Some of the best reasons for having a properly managed inventory control system include increased profits and having money in the bank. How so? David Rosenthal said it is as simple as looking at the example of a $20 part in the stockroom.
If automobiles need fuel to run, then businesses need cash to run. That’s the equation drawn by Tom Buckley, who gave a seminar at the fall meeting of Aireserv Heating & Air Conditioning franchisees. He said “Without cash you are always in a crisis mode - keeping vendors from cutting you off or being unable to make your payroll.”
Bill Jenkins had an idea that maybe his oil delivery customers wanted a little more than just oil. So the owner of D. Jenkins Corp. in suburban Pittsburgh decided to add an HVAC service department 2-1/2 years ago.
One of the most dreaded words in an HVAC contractor's vocabulary is "callback." Although some callbacks are unavoidable because of parts failures, others can be avoided by a proper diagnosis of the original problem and corrective action taken.
Although a support organization called the Root Cellar was able to find a building in Lewiston to branch out there, it lacked the resources to refurbish the facility. A contractor was so impressed with its Portland operation that he coordinated an effort to bring heat to the Lewiston building.
How often should owners or managers schedule ridealongs with a tech? On a routine basis? Only when necessary? If you said the latter, then Kenny Chapman has some advice for you.
Employees should be encouraged to voice their opinions about working conditions, ways to interact better with customers, employee relations, etc. The best way to run a successful business is by having happy, interactive employees.
Contractors who look to venture into new markets need to overcome the "fear of change" that accompanies any attempt at diversification. The rewards can outweigh the costs and an existing customer base can grow if the marketing efforts are strong enough, according to Bill Raymond, a seminar presenter at the Nexstar Super Meeting 26.
"By and large I decide when and how much I'm going to work as well as who I'm going to work for." Those words are from Steve Scott, owner of a one-person shop, one of several interviewed by The NEWS for this story about how one-person HVAC shops survive and thrive in today's business climate.
An alternative energy source could lead to annual savings of nearly 8 billion kWh and nearly 40 trillion Btu of fossil fuels. This same energy source equates to taking nearly 1,295,000 cars off the road; planting more than 385 million trees; and reducing reliance on imported fuels by 21.5 million barrels of crude oil per year. That energy source is ground-source geothermal.