by Scott Good | Oct 20, 2020 | Uncategorized
It’s no secret to owners of HVAC/Mechanical Contracting businesses that it is difficult to find talented, self-motivated, and loyal employees. And, of course it’s no secret just how important team members are to the short AND long-term health and success of your...
by Scott Good | Sep 30, 2020 | Uncategorized
Baby Boomers make up a significant number of owners of HVAC and other contracting businesses. Nearing the end of their careers, it’s a hard cold fact that many of these contractors can no longer meet the physical demands of this business. Others no longer want...
by Scott Good | Aug 27, 2019 | Uncategorized
What Are Intangible Assets? Instead of asking that question, maybe we start with “what are the Tangible Assets?” Business owners can wrap their arms around those much easier. The simplest tangible asset to grasp is Net Income. It’s the amount of...
by Scott Good | Aug 5, 2019 | Uncategorized
It’s Not Rocket Science Our process at Contractor Succession usually launches with an on-site client visit that we affectionately term our “State-of-the-Union Assessment”. This involves an in-depth analysis of the business from soup to nuts. As...
by Scott Good | Aug 2, 2019 | Uncategorized
Reconsider Your Priorities This is a repost of a blog I did for my mechanical business, Goodco Mechanical. It has great relevance to anyone in the service industry. Read on…. When I started Goodco Mechanical in my dining room in 2008, one of the first things I...
by Scott Good | May 29, 2019 | Uncategorized
It’s only worth HOW MUCH??? One of the biggest challenges we face is discussing the potential value of someone’s business. In fact, “What’s my business worth?” is usually in the first 15 minutes of any discussion. It’s oftentimes...
