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Finance & Succession Planning

Selling Your Business? How To Get The Most For Your Company 2/2

This series discusses what you need to do to get your business in shape to sell it.

Author By Ruth King

Selling Your Business? How To Get The Most For Your Company 1/2

Part I of an exciting new series that provides the blueprint for selling your business.

Author By Ruth King

Achieve Your Freedom with Your Financially Fit Business - Part 5

Review Timely, Accurate Financial Statements Each Month

Author By Ruth King

Achieve Your Freedom with Your Financially Fit Business – Part 3

King provides counsel on what to do when your overhead is too high.

Author By Ruth King

Achieve Freedom with Your Financially Fit Business – Part 1

How to get your field service business financially fit

Author By Ruth King

5 Ways Too Much Inventory Is Costing SMBs

The first in a series from ThermoGrid – How does too much inventory affect the bottom line?

Author By JG Van Graan

Do Your Prices Need Revisions in the Coming Year?

Is it always better to raise prices? Understanding the balancing act of price revisions.

Author By Rodney Koop

Four “Bewares”

Four warnings that will help you safeguard your business accounts from theft.

Author By Ruth King

Do You Have a Signature Stamp?

King warns of the danger of using a signature stamp (in your absence) for checks and online payments.

Author By Ruth King

Negative Accounts Receivable or Negative Loan Payments?

Learn the proper accounting for journaling negative accounts receivable on your balance sheets.

Author By Ruth King

Don’t Recognize Sales as Revenue

King stresses the important distinction between sales and revenue.

Author By Ruth King

A Collection of Financial Resources

An aggregated selection of the most valuable downloadable documents and advice shared by King.

Author By HVACR Business Staff

Give Employees KPIs to Make Annual Reviews Easier

Using KPIs to streamline and support annual performance reviews and bonuses.

Author By Ruth King

The Compensation Equation™ Part 3/3

The third in the series is on how The Compensation Equation™ affects recruitment, retention, and company culture

Author By Chris Crew

Share the Wealth

Long-term HVACR Business financial columnist advises how to determine bonuses and profit sharing for employees. Implementing a bonus structure and profit-sharing plan can help employees understand the costs and profits …

Author By Ruth King

What’s the Point of Asset Protection?

This installment delves into asset protection and why it’s vital for any business owner.

Author By Keven Prather

Are You Calculating Overhead Correctly?

King shares her formula on how to calculate overhead correctly.

Author By Ruth King

The Compensation Equation™ Part 2/3

In Part 2 of this series the focus is margins, profitability, and total labor. Crew explains how to use the The Compensation Equation™ to determine true profitability.

Author By Chris Crew

Establish Long-Term Success by Eliminating Financial Barriers

Overcome the financial barriers that can plague any growing business and find success.

Author By Michael Disney

The Compensation Equation™ Part 1/3

In this first of a three-part series, Crew explains the formula to compensation and why it matters.

Author By Chris Crew

Are You Afraid to Fire a Customer?

All contractors want to keep customers, but King explains that sometimes, it costs you less to let some customers go.

Author By Ruth King

Don’t Run Out of Money Because You Grew Too Fast

In another article straight from her latest book – King warns of growing too fast without planning fiscally.

Author By Ruth King

Do You Have the Mercedes - Benz Syndrome?

Are you investing in your business growth or your lifestyle?

Author By Ruth King

Do You Abdicate Financial Responsibility for Your Company?

The financial author explains the rami fications of abdicating financial responsibility for your company

Author By Ruth King

Balance Sheet Graphs: Understanding the Liquidity Graphs

Ruth King explains everything you should know about balance sheet graph

Author By Ruth King

Cohesive Wealth Management

Prather tells you why you need a cohesive wealth management plan

Author By Keven Prather