We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors

Follow Us

Newsletter Signups
Magazine Subscriptions
  • The Wholesaler
  • Plumbing Engineer
  • PHC News
Newsletter Signups
Magazine Subscriptions
  • The Wholesaler
  • Plumbing Engineer
  • PHC News
ASK PHCPPROS AI
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • RUGGED MIND AND BODY
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Testimonials
    • Subscribe
    • Health & Wellness
    • AHR Expo 2025
  • DIGITAL EDITIONS
ASK PHCPPROS AI
Home » Authors » Richard DiToma

Articles by Richard DiToma

PHC0722_rising-gas-prices.jpg
Contractor Profit Advantage

Inflation Is Crippling Your Personal and Business Lives

Rising gas prices can make a big impact on your tech/truck costs per hour. Make sure to monitor those costs and adjust accordingly.
July 4, 2022
Richard DiToma

Americans saw inflation rise this spring to levels not seen in 41 years, affecting food, housing and fuel prices. 


Read More
PHC0622_businessman-showing-empty-pockets.jpg
Contractor Profit Advantage

Why Do Contractor Prices Differ for the Same Task?

It starts with the fact that most contractors are not aware of the true operational costs they incur in running their businesses.
June 3, 2022
Richard DiToma

Contractors price their services for many reasons. However, most contractors don’t know their true operational costs. 


Read More
PHC0522_serious businessman at desk.jpg
Contractor Profit Advantage

How Miscalculating Your Prices Affects Your Business

It is important to realize that wrong numbers produce wrong results.
May 6, 2022
Richard DiToma

Basing your selling prices on your competitor’s prices is a bad idea. How do you know the owner is basing his prices on his company’s true operational business costs? 


Read More
PHC0422_incentive-pay-bonus.jpg
Contractor Profit Advantage

Pros and Cons of Technician Incentives

Develop a compensation policy to help you reward the levels of excellence each tech delivers to your clientele.
April 1, 2022
Richard DiToma

I recently received an email from George, a general manager at a Florida plumbing company.


Read More
PHC0322_cutting-dollar.jpg
Contractor Profit Advantage

How Much Do You Keep Out of Each Consumer Dollar?

You may want to explain to customers the reality of business expenses when they complain about your service prices.
March 1, 2022
Richard DiToma

Did you ever consider how much of each consumer dollar you charge your customers actually stays in your business?


Read More
PHC0222_gas-prices.jpg
Contractor Profit Advantage

The Effects of Unpredictable Gas Prices

The volatility of some costs requires constant monitoring of business expenses and adjustment of prices in accordance with those expenses.
February 7, 2022
Richard DiToma

When you enter the business arena, you encounter the costs of doing business.


Read More
PHC0122_customer-service-pricing-questions.jpg
Contractor Profit Advantage

Words Are Important

When you speak with intelligence in a calm, truthful and rapid manner, you have preserved the dignity of your PHC service business.
January 3, 2022
Richard DiToma

Numbers and words are important for those contractors who intend to succeed in their PHC service contracting businesses.


Read More
iStock-1225352666_heroes.jpg
Contractor Profit Advantage

Contractor Zeroes Should Never Criticize Contractor Business Heroes

Don’t criticize those who price their services to maximize profits — that’s the goal of all smart business people.
December 6, 2021
Richard DiToma

During a conversation with a plumbing contractor (I’ll refer to as Tip) who called me he told me about a fellow plumbing contractor who is a friend of his.


Read More
PHC1121_technicians.jpg
Contractor Profit Advantage

To Be a Tech or a Contractor, that is the Question

If you are a tech considering becoming a contractor, take into consideration the responsibilities you will need to address.
November 1, 2021
Richard DiToma

If you are a contractor, make sure you are taking every opportunity to make your business successful.


Read More
PHC1021_value-price.jpg
Contractor Profit Advantage

Are Your Prices Fair?

When searching for fairness, you must consider all tangible and intangible costs.
October 5, 2021
Richard DiToma

I’m sure you've often wondered about how your competitors came up with their prices. They may have beaten you out of a job you wanted. 


Read More
Previous 1 2 3 4 5 6 7 8 9 … 13 14 Next

Most Popular

  • Synchrony and METUS Renew Relationship to Offer Customers Flexible HVAC Financing for Greater Comfort

  • Watts Named a Top Place to Work by The Boston Globe

  • Winsupply of Garden City Opens in Strong Rural Market

  • NIBCO Renews Title Sponsorship of "Community Over Competition" Build at AHR Expo 2026

Featured Video

Weil video

One Brand. Every Application. Only Weil-McLain.

Subscribe & Learn More

  • Tw12 2025 cover
    Subscribe
  • Pe12 2025 cover
    Subscribe
  • Phc12 2025 cover
    Subscribe
  • Digital editions
    Learn More

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2025 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing