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Why technical skill alone isn’t enough to build a profitable contracting company — and how disciplined pricing, sound math and business judgment separate real operators from those merely getting by.
If you search the Internet for the definition of the word “business,” you’ll find a version of this idea:
“Business is an organization that provides goods and services to the community in exchange for money, with the goal of becoming profitable.”
Absent a statutory violation under the relevant arbitration act, a court will likely uphold the parties’ agreed-upon selection of the award’s form, regardless of their satisfaction (or dissatisfaction) with the award’s contents.
It always cracks me up at the start of a deposition when one of the lawyers says to me, or another lawyer, “Usual stipulations?” What on earth are they talking about? There is no such thing as “usual stipulations.”
When the pandemic cast many people out of their workplaces and into their home offices, dining rooms and kitchen nooks, an argument began to spread that it was impossible to develop a strong culture remotely.
PMI witnesses a positive mindset shift and boosted government funding, but sees room for greater advocacy and policy efforts.
Across the United States, Plumbing Manufacturers International (PMI) is seeing enthusiasm for the skilled trades gain momentum — with governments increasingly focused on investing in career and technical education and on establishing new training initiatives.
As Rheem approaches its second century in business, the company continues to balance its legacy of reliability with a forward-looking strategy centered on innovation, sustainability and stronger channel partnerships.
The HVACR industry has never lacked for complexity. Changes to regulations, evolving technology, and the constant pressure of a competitive market have always kept distributors on their toes.
Lehman Pipe and Supply honors the veterans and military families whose service, sacrifice and leadership continue to shape both the company and the PHCP-PVF industry.
As our nation celebrates the 250th anniversary of the United States, it also serves as a reminder that the strength of our country has always been shaped by the individuals willing to serve and protect it.
Value-added services should be chosen based on customer demand, priced according to the value they create and supported by the sales team and clear ROI metrics.
Distributors have been offering value-added services ranging from kitting, construction equipment rental and lighting design services to full-service supply chain solutions.