The past year saw a tremendous amount of consolidation as private equity investors continue to back the acquisitions of HVAC contractors.

Selling a business is a roller coaster of emotion. If you are considering the sale of your company, be prepared for the following phases.

With the shortage of trained HVAC technicians, universal HVAC parts are part of the solution, according to some contractors. These universal parts include hot surface ignitors, which offer the added benefit of taking up minimal truck inventory space.

Computer software for HVAC contractors has expanded from a business management tool into a versatile asset that can also serve as a technician’s assistant, warehouse clerk, salesperson, and more.

Some HVAC contractors may consider specializing in remediation work or adding remediation services to their offerings.

Offering finance is increasingly important for HVAC contractors as equipment becomes more expensive.

Elon Musk suggested Tesla will enter the residential HVAC market, claiming the company will upsize the equipment it uses in its electric cars for home use.

In 2020, the CDC found that men working in construction had a suicide rate that was about four times higher than the general population.

As we wind down 2021, we take stock in what a great year the HVAC industry experienced.