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Home » Authors » Richard DiToma

Articles by Richard DiToma

PHCN1024_construction materials and supplies.jpg
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 Profit Advantage

To Be the Best, You Must Be the Best

Your weapon is the prowess of your technical ability. Your armor is your business acumen.
September 2, 2024
Richard DiToma

Like ancient gladiators, contractors must exhibit weapons  (technical prowess) and armor (business acumen) to succeed. Understanding true costs, pricing services properly and running a business profitably will win the day. 


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Contractor Profit Advantage

Showing Up When Promised Is Important

Don’t make your business look bad to the consumer and devalue your capability of satisfying and pleasing the consumer.
August 5, 2024
Richard DiToma

Don’t be late when you promise customers that you will be at their location at a certain time. When you are inconsiderate and waste a customer’s time, it looks bad and you may lose that customer. 


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PHCN0724_plumber working under kitchen sink.jpg
Contractor Profit Advantage

Intangible Business Items Come With a Cost

All PHC service contractors incur callbacks and must deal with customer relations and the expenses related to the two.
July 1, 2024
Richard DiToma
Callbacks are an unavoidable part of a PHC service contractor’s business. They may be legitimate concerns such as technician error or manufacturer defect.


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Contractor Profit Advantage

Time Is Money

Everything your technicians do before, during and after a service call can translate into dollars.
June 3, 2024
Richard DiToma

Richard DiToma shares his insights on how properly stocking service vehicles with essential materials can help control operational costs and improve efficiency. He highlights the significance of having a well-structured inventory list that includes regularly used items while excluding larger or rarely used items.


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Contractor Profit Advantage

Profitable Results Require Proper and Comprehensive Calculation

Don’t guess your costs or base pricing on what your competitors charge; you can’t hit your target when you don’t know where the target is.
May 6, 2024
Richard DiToma

Arriving at the right prices for your home services business to thrive is a matter of proper calculation, not guessing or charging a dollar less than your competitors. Wrong results are always arrived at when numbers are not properly calculated.


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Contractor Profit Advantage

Business is Always About the Numbers

Correctly calculated numbers can help you achieve your goals and add value to your business for potential buyers.
April 1, 2024
Richard DiToma

As contractors juggle correct pricing, fair employee compensation, and personal salaries, it’s important to know and understand their business costs and how many tech hours they must sell to ensure the company is not losing money.


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Contractor Profit Advantage

Your True Operational Business Cost

Adding tangible and intangible business operational circumstances will determine how much it takes to run a successful contracting company.
March 4, 2024
Richard DiToma
Contracting company owners must keep track of many numbers to ensure the business is profitable and sustainable. Understanding how intangible, unexpected costs affect the total number of tech hours you can offer will help in that endeavor.


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Contractor Profit Advantage

Handling After-Hour Emergency Calls

Develop a system with CSRS and techs to determine which calls are truly emergencies and require a service call after business hours.
February 5, 2024
Richard DiToma

When customers call with an emergency — especially after business hours — you need a system to determine if it truly is an urgent situation. If it is, how do you determine what technician to send? An option to control after-hours chaos is to give that privilege to service agreement program members.


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Contractor Profit Advantage

Ten Ways to Improve Your Salesmanship

January 8, 2024
Richard DiToma

In most encounters, the first impression is important. Contractors want to ensure that any team member communicating with clients is perceived as professional and knowledgeable. Richard DiToma discusses how this can be accomplished before and after arriving at the job site.


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