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Home » Topics » Business

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Contractor Profit Advantage

The Surprises of Business

The inflated prices you must pay to keep your business running fluctuate with inconsistency.
October 2, 2024
Richard DiToma

Columnist Richard DiToma discusses the challenges that plumbing and heating contractors face in their business operations, particularly related to rising fuel costs, inflation, customer relations and profitability.


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CONTRACTOR STORIES

Family Businesses: Bringing in the Next Generation

Ensure a smooth transition by fostering open communication, trusting in their abilities and allowing them to take on responsibilities.
October 2, 2024
Tom Soukup

Columnist Tom Soukup discusses his plans for his mechanical contracting firm after retirement. He shares his philosophy about preparing his sons, Richard and Thomas, to take on leadership roles and eventually run the company.


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Performance Management

Another Look at Warehouse and DC Operational Metrics

Misalignment can lead to higher costs and reduced productivity, negatively impacting customer satisfaction.
October 2, 2024
Howard Coleman

This is a topic I think about at least twice a year, so this is not my first pass at it. What motivates me the most is the “speed of change” we find ourselves in and the need to adopt the most useful metrics. 


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Feature

Advantages of Membership: Inland Sales Group

This Illinois-based manufacturers’ representative agency is passionate about creating safer environments by eradicating Legionella.
October 2, 2024

Inland Sales Group was founded Sept. 7, 2002, by Brian Yelton, president and CEO. The rep agency employs 12 people: six in outside sales and six in inside sales. Its territory covers Illinois to eastern Iowa, along with northwest Indiana. 


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Feature

Traeger Brothers & Associates: A Century of Innovation and Resilience

Celebrating family and a can-do attitude.
October 2, 2024
Ruth Mitchell

The story of Traeger Brothers & Associates began with the family’s migration from Chicago to Miami in 1924. Hyman Traeger, a tailor by trade, established the first family business in Miami the same year. 


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Legal Perspective

Litigation or Arbitration: Which is Better? You Be the Judge!

Each of these dispute resolution avenues includes certain advantages and disadvantages of which you need to be aware.
October 2, 2024
Daniel Beederman

Every relationship, whether personal or business, starts with high expectations and the hope that everything will go smoothly as planned.


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Feature

U.S. Industrial Manufacturing Construction Projects Worth $401B

IIR delves into the rise of electric vehicles and skyrocketing growth in the data center and semiconductor sectors.
October 2, 2024

When it comes to industrial projects requiring pipe, valves and fittings (PVF), those in the industrial manufacturing sectors rule the roost regarding potential investments.


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PVF Market Overview

November Presidential Election to Influence U.S. Energy Sector

A Republican victory means reduced useless, redundant and nonproductive regulations, and more oil and gas drilling for energy independence.
October 2, 2024
Stephen Letko

This month begins the final quarter of the calendar year 2024, with an election only a few weeks from when you read this column. 


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Feature

Advice from the Heart

The key to always improving in leadership is to listen to feedback, be curious and never stop learning.
October 2, 2024

"It’s tricky to balance what people want to hear with what I feel I need to say," says Carmen Fiordirosa, president of Gerber Plumbing Fixtures/ Globe Union North American Group. "To me, the best starting point is to come from the heart."


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Feature

Watts Celebrates 150 Years of Innovation

Company recognizes its past and plans for its future.
October 2, 2024
Steve Smith

Watts celebrates 150 years of innovation at festivities at North Andover, Massachusetts headquarters.


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