Toggle

Ruth King

Ruth King

Ruth King has over 25 years of experience in the hvacr industry and has worked with contractors, distributors, and manufacturers to help grow their companies and become more profitable. She is president of HVAC Channel TV and holds a Class II (unrestricted) contractors license in Georgia. Ruth has written several books, all of which you can find at https://ruthkinghvac.com/ruths-books/. Contact Ruth at ruthking@hvacchannel.tv or call 770.729.0258

Related Stories


Tips from Ruth King - Wealth Rule 1: Pay Attention to Your Balance Sheet

The total balance on the accounts receivable and accounts payable aging reports should match the values printed on the balance sheet.

Originally published Published: 02.01.20 Author By Ruth King

Two Steps to Help You Grow and Build Wealth

Accurate books mean better decisions about your business future.

Originally published Published: 01.01.20 Author By Ruth King

Recurring Revenue is Your Rocket Fuel

Whether residential or commercially focused, all companies need a thriving maintenance program.

Originally published Published: 11.01.19 Author By Ruth King

You Can’t Take a Percentage to the Bank

What matters is the bottom line dollars or that the gross margins are consistent.

Originally published Published: 10.01.19 Author By Ruth King

Inventory is a Bet

Profitable contractors do two things extremely well: Manage labor and manage inventory.

Originally published Published: 09.01.19 Author By Ruth King

Review Timely, Accurate Financial Statements Each Month

Once owners are in the habit of receiving financial statements and asking good questions about them, they get more accurate.

Originally published Published: 08.01.19 Author By Ruth King

How to Tell if Your Financial Statements are Wrong

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.

Originally published Published: 07.01.19 Author By Ruth King

Profits and Cash are Not the Same

Collect for profitable work quickly, pay the bills associated with that job and stay solvent.

Originally published Published: 06.01.19 Author By Ruth King

Balance Sheets are More Important than Your P&L

Balance sheets track profits and losses from the time the business started until the day it’s sold.

Originally published Published: 05.01.19 Author By Ruth King

You’re Headed Toward Your Goal — Continuous Profits are Critical

One of the biggest keys to having a break even or profitable first quarter is your attitude.

Originally published Published: 04.01.19 Author By Ruth King

You’re Headed Toward Your Goal — Know Your True Costs

By tracking all of your costs you can make decisions about whether the costs are acceptable or whether they should be cut.

Originally published Published: 03.01.19 Author By Ruth King

Prepare for Lift Off — Live, Eat and Breathe Net Profit Per Hour

If you track by net profit percentage, you’re fooling yourself.

Originally published Published: 02.01.19 Author By Ruth King

Rocket Profits — Where Do You Want to Go?

Decide what you want your goals to be, why you want to achieve them and get your employees on board.

Originally published Published: 01.01.19 Author By Ruth King

Three Essential Functions, Part 2 — Service Profitability

Your service rate would be $140/hr, assuming you could bill 100 percent of a service technician’s time.

Originally published Published: 11.01.18 Author By Ruth King

Three Essential Business Functions, Part 1 — Maintenance Profitability

The foundation of every HVACR company is a thriving maintenance program.

Originally published Published: 10.01.18 Author By Ruth King