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Once you determine how much financial information you are willing to share with the potential manager, focus on the management issues of responsibility, authority, and … Read more
1. You can’t be friends with the employees who work with you. This is probably the toughest lesson to learn. Teach the new manager that … Read more
Grooming a manager is a long term process with no guarantee of the results. The person that you think will be the next manager may not … Read more
In my experience over the past 38 years, very few actually do. Most fail miserably and leave the company. You’ve lost a great tech and demoralized a … Read more
Your 2025 marketing plan is actually two parts: a: defining your true customer base b: marketing to those customer segments. Defining your customer base Mike … Read more
“I hired a bookkeeper. Now I don’t have to worry about the books anymore.” Theft often happens when you stop paying attention to the financial part … Read more
“Our gross margin is 60%. We’re doing really well.” “What costs do you have in direct costs?” “Just labor and equipment.” “You’re missing a lot of … Read more
Many HVAC contractors believe that they should price their maintenance plans with the first system at the “regular price” and the second, third, etc. system … Read more
Start 2025 Off Right! Build a new habit – stay financially healthy all year. Review your financial statements in less than 10 minutes a month! … Read more
First, will you help me? I am looking for referrals to CPAs and bookkeepers who care about more than doing your taxes each year. If you … Read more
