Whether residential or commercially focused, all companies need a thriving maintenance program.
Published: 11.01.19 By Ruth King
Published: 10.01.19 By Ruth King
Published: 09.01.19 By Ruth King
Published: 08.01.19 By Ruth King
Accurate financial statements are critical to ensure that the business is profitable or to give owners the information they need to take steps to make it profitable.
Published: 07.01.19 By Ruth King
Collect for profitable work quickly, pay the bills associated with that job and stay solvent.
Published: 06.01.19 By Ruth King
Balance sheets track profits and losses from the time the business started until the day it’s sold.
Published: 05.01.19 By Ruth King
One of the biggest keys to having a break even or profitable first quarter is your attitude.
Published: 04.01.19 By Ruth King
Familiarize yourself with your financial statements and have a good understanding of your company’s accounting.
Published: 03.01.19 By James Leichter
By tracking all of your costs you can make decisions about whether the costs are acceptable or whether they should be cut.
Published: 03.01.19 By Ruth King
If you track by net profit percentage, you’re fooling yourself.
Published: 02.01.19 By Ruth King
Decide what you want your goals to be, why you want to achieve them and get your employees on board.
Published: 01.01.19 By Ruth King
Your service rate would be $140/hr, assuming you could bill 100 percent of a service technician’s time.
Published: 11.01.18 By Ruth King
The foundation of every HVACR company is a thriving maintenance program.
Published: 10.01.18 By Ruth King
Almost every business runs into cash flow problems at some point. It rarely happens but it does happen.
Published: 09.01.18 By Ruth King
Before you make any advertising purchase, determine whether you can at least break even on that purchase or earn your desired net profit on that purchase.
Published: 08.01.18 By Ruth King
You can’t do a good job and stay in business at that price if you don’t sell something during the maintenance visits.
Published: 07.01.18 By Ruth King
These seven procedures help you have a profitably busy summer so that you have cash to survive the slower times of the year.
Published: 06.01.18 By Ruth King
There are times your company shows a profit, yet you have problems scraping enough cash together for payroll.
Published: 04.01.18 By Ruth King
Add your overhead cost per hour and your direct cost per hour. This is the absolute minimum price you must charge your customers.
Published: 03.01.18 By Ruth King
The key to pricing using net profit per hour is that you must estimate labor hours correctly.
Published: 02.01.18 By Ruth King
There are many metrics to track, however, none are as important to profitability than current ratio, acid test, productivity ratio and net profit per hour.
Published: 01.01.18 By Ruth King
Profitability is the key to survival. Here’s five things you can do to ensure profitability in the New Year.
Published: 12.01.17 By Ruth King
Should you prosecute? It depends on how much hassle you’re willing to put up with during the investigation and court cases.
Published: 11.01.17 By Ruth King
You have the perfect employee: hard working, dedicated and accurate. But do you? Here’s how to spot a red flag.
Published: 10.03.17 By Ruth King
Bankruptcy court has the right to request return of payments made to vendors.
Published: 09.01.17 By Ruth King
Your interview process must include a background check, especially for the bookkeeper.
Published: 08.01.17 By Ruth King
Be forewarned: the Department of Labor says you have to pay for meeting time and “gab time.”
Published: 07.05.17 By Ruth King
You shouldn’t be giving your money away, nor should you make it easy for anyone to simply take it.
Published: 06.01.17 By Ruth King
No one thinks to put the numbers you see on your profit and loss statement into an Excel spread sheet to ensure the numbers match. Until now.
Published: 05.04.17 By Ruth King
Theft is heart wrenching. You work hard and you never expect people to steal from you. When they do, your first reaction is disbelief, then sadness.
Published: 04.12.17 By Ruth King
It’s what you do with that sale once it comes in the door that is more important.
Published: 03.09.17 By Ruth King
Starting to build your wealth early will prepare you for large purchases or business expansion.
Published: 03.09.17 By Stoyan Panayotov
What if first quarter was profitable — or at least break even? Imagine the year you could have! You can do it.
Published: 02.01.17 By Ruth King
Contest are a great way to build your bottom line as well as give employees something to reach for — and they can build positive morale.
Published: 12.28.16 By Ruth King
Are you staffing for the busy times or the slower times? If you hire office personnel to cover all of the busy times, they will not be productive in the …
Published: 11.30.16 By Ruth King