Entries Tagged Financial Management

If you’re soon going to be in the market for some new equipment, here is what you need to know about the current lending environment

A qualified financial expert can wade into the intricacies of your plumbing company to find ways to raise your bottom line

It may be wise to obtain an equipment valuation before you sell, even if it’s not required

Now is the time to make plans in case an economic downturn is coming down the road

If you need a skid steer on a certain job, is it best to rent, lease or buy? Consider these questions before making a decision.

Purchasing used equipment can be a smart financial decision, but keep these tips in mind to ensure you're not disappointed by your acquisition

Partnerships can be difficult, but if organized the right way they can also provide great benefits for your business

Many companies use QuickBooks, but few utilize its full potential to keep financials up to date

Borrowing interest rates remain low, so it could be a good time to seek funds to update equipment or make some new hires

If you get complaints about pricing, don’t automatically assume it means customers want you to go as cheap as possible. Consider the lessons of the author’s story.

This advice may seem elementary at first, but small plumbing companies can always benefit from a review of foundational business principles.

Customer financing helps sticker-shocked customers afford major plumbing repairs.

A careful examination of your company's profits by individual customer and client segments may reveal that you're working for nothing in some cases