Understanding P&Ls for HVAC


Gary Oetker is a guest blogger for HVAC Learning Solutions.

Understanding money in your HVAC business can mean the difference between seeing another year of booming business or shutting down. Do you really understand where it's all going?

I have an arsenal of webinars and videos that can help you with the process, but below are a few ways you can educate yourself on managing money for your business:

  1. Don't be afraid to seek help. There are so many easy ways to gain information on managing money for your business. Even if you're not new and want to improve your old family business processes, there are resources to help you clean up your finances.
  2. Use mobile financial tools to aid in keeping up with it all. Many are inexpensive and can be managed anywhere - via tablet, phone, or computer.
  3. You don't have to do it alone - sometimes, before the books are in order, your company needs to get on board with better processes for invoicing, etc.

To learn more on this topic, see our training courses on budgeting.

Guest blogger Gary Oetker is the Lennox Business Coach for HVAC Learning Solutions. Check out his financial webinars here.

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