business and finance

NFPA Survey finds an increase in use of digital tools among skilled trades workers, despite collaboration being top challenge in 2024

Eighty-two percent of respondents use digital tools daily to help streamline training and development programs. The majority of respondents within this group recognize the diverse benefits that digital tools offer the skilled trades industry.




business and finance

Matt Michel: 17 great leave behinds

Leave behinds are low-cost items that you give to customers to promote your brand following service calls or that you give away during home shows and other events. Oftentimes, plumbers stumble with leave behinds because they select things they might like instead of what the customer values. Here are 17 great leave behinds that will build brand recall with consumers.




business and finance

Matt Michel: 11 ways to deal with price complaints in an inflationary economy




business and finance

Matt Michel: 9 times you should fire someone

One of the most challenging tasks managers face is terminating an employee. It is never easy, but sometimes necessary. What is all too easy is putting it off when it does become necessary.




business and finance

Matt Michel: 8 steps of feature/benefit training

You would never send your plumbers into the field without training and tools, right? What about the necessary sales training? Here is a simple 8-step approach that you can weave into your weekly service meetings to boost your team’s effectiveness in promoting add-ons.




business and finance

Matt Michel: Nine ways to maximize your revenue

The most expensive part of plumbing service is getting the phone to ring and the truck to the job. Once there, every additional dollar past breakeven helps cover the monthly overhead nut. Once this is covered, it falls straight to the bottom line. So, how can you maximize revenue? Here are nine ways to boost your average tickets.




business and finance

Matt Michel: 13 signs of water treatment opportunities

Most plumbers are missing a golden opportunity for add-ons with point-of-use or whole-house water purification systems and/or water softeners. Consumer awareness of the benefit of water purification has been raised by the pandemic and well-publicized municipal failures. Many, if not most consumers are highly sensitive to contamination today, whether air- or water-borne.




business and finance

Matt Michel: 8 steps to beating the big tech algorithm

If you rely on search engine marketing for calls, you are putting your company at risk because you are relying on the unreliable. Here are eight steps to wean your company off big tech dependency.




business and finance

Matt Michel: The aging-in-place opportunity

Ninety percent of seniors would rather remain in their own homes than move to assisted living, according to AginginPlace.org. Given the costs of assisted living, aging-in-place makes financial sense as well. Yet, many homes are not ready, which presents an opportunity for plumbing contractors.




business and finance

Matt Michel: 5 traits of winning plumbers

Why are some plumbers winners, while others struggle? It is not the market, location of the company, the role of government, customers’ attitudes, the availability of manpower or any of the other excuses bandied about. Winning plumbers share a set of intangible traits that affect how they approach the world, how they see the world, and thus, how the world responds to them.




business and finance

Matt Michel: Opportunities in the coming recession

If the country is not already in recession, it appears likely one will arrive in 2023. Here are six ways to turn the downturn into an opportunity.




business and finance

Matt Michel: 9 simple communication tips to boost review scores

You may be the best technical plumber in town, but you will earn poor reviews and bad word-of-mouth if you cannot communicate well. Here are nine simple steps you can take to improve your communication skills. Almost all of them are non-verbal.




business and finance

Matt Michel: Let's talk scalding

Scalding in the home or burns from hot liquids is dangerous to anyone, but is a particular concern to the youngest and oldest Americans. Plumbers are charged with protecting the health of the nation. Thus, plumbers can play a key role in reducing the risk, starting with homeowner education.




business and finance

Matt Michel: 7 ways to know it is time to exit

There has been a lot of private equity activity in the service trades since the COVID-19 lockdowns. Suddenly, boring old businesses gained monetary sex appeal when they were declared essential and could continue making money while many other local businesses were effectively shuttered. This has led to a land rush for good service contracting businesses and many plumbers have grabbed the brass ring while the grabbing was seen as good.




business and finance

Matt Michel: 5 solid reasons every plumber should offer drain cleaning

It is always a mystery why more plumbers fail to emphasize drain cleaning — if they offer it at all. Some think it fails to offer enough revenue. Others think it presents too much low-dollar competition. Here are five solid reasons every plumber should offer drain cleaning.




business and finance

Matt Michel: What you should know about selling products made in the USA

A product with a "Made in America" label is not necessarily made in the United States. It could be made in Canada or Mexico. Do you want products made in America or the USA?




business and finance

11 steps to follow to run a sales promotion

Plumbing contractors are not known for their marketing prowess, yet marketing can drive more calls. The simplest marketing might be the sales promotion. Here are the steps.





business and finance

Questions plumbing business owners should be asking themselves

Here are 46 business proverbs or truths that apply to the plumbing profession, presented in no particular order. Accompanying each is a question every plumbing company owner should ask about his company.




business and finance

Tips for managing problematic personnel

You know him (or her). He is the irrational employee. The irrational employee is usually a good producer or an essential person. Here is how to manage him, instead of letting him manage you.




business and finance

9 ways to out-recruit the competition

It only takes a little effort to out-recruit the competition. Here are nine ways to become a better recruiter.




business and finance

4 reasons to hire apprentices and grow them into plumbers

Should you hire apprentices instead of journeymen and master plumbers? Some contractors are finding more long-term success by building their team from the ground up.




business and finance

Gen Z wants technology, and skilled trades are rising to the challenge

The current U.S. workforce is comprised of four generations: Baby Boomers, Gen X, Millennials, and Gen Z. But there’s one generation in particular that the skilled trades have their eyes on right now: Gen Z.




business and finance

Competing for skilled employees

Many companies within the construction industry are chasing after the same pool of talent. Here are tips for mitigating the workforce shortage.




business and finance

Meeting homeowner expectations in a time of constant change

The trends that shape our industry are changing at a faster pace than ever before.




business and finance

Add value to your contracting business with a home service franchise

A successful home service franchise offers sales and marketing systems similar to those employed by large companies. These systems can be easily implemented and replicated over and over again.




business and finance

How to utilize two-way texting with customers

Two-way texting, when a customer can proactively text your business and receive a response or have an entire digital conversation, offers a way to bolster client communication and as a result, satisfaction.




business and finance

An aging population represents opportunities for plumbing and HVACR contractors

As the population grows older, there is a heightened need for affordable plumbing and HVACR systems that offer safety and accessibility.




business and finance

Global and U.S. economic 2024 predictions

As 2023 comes to a close it is now time to review my predictions from last year as well as predict ten more trends I see as we enter 2024.




business and finance

Celebrating the growth of women in the plumbing industry

The future for young women in this industry is now as bright as anyone wants it to be. If a young woman wants to work her way all the way up to the C-suite, the opportunities are there, and that is so exciting to see.




business and finance

Shattering stereotypes to shape the future of plumbing

US faces a shortage of 500k skilled plumbers, costing $33bn annually. Plumbing requires rigorous training, creative problem-solving, and meticulous execution. Valuing the critical role plumbers play can address the shortage and pave the way for a thriving water infrastructure.




business and finance

Unlocking the power of AI in digital marketing

AI is the cornerstone of innovation in home services, but its true essence is diverse and multifaceted. Bloomberg predicts AI will affect 40% of global job roles. AI's ripple effects will be consequential for paid and organic search.




business and finance

Building safety 101: understanding the basics for a safer tomorrow

Every year during May, the International Code Council holds its Building Safety Month campaign to help raise awareness about the importance of building safety and educate the public on how to ensure their communities are resilient and sustainable.




business and finance

Enhancing employee, professional and organizational growth through skilled trade certifications

The skilled trades industry is evolving as more Gen Z workers choose trades over college. Efforts to obtain certifications through learning modules and hands-on training are becoming integrated into daily work routines, helping tradespeople build long-lasting careers and enabling businesses to succeed.





business and finance

Deepfakes are here: Here’s how plumbing and HVACR companies can prepare

Did you know that it only takes 30 seconds to create a deepfake? Deepfakes are AI-generated media that can be made using any device. They can be used to spread misinformation and harm a plumbing and mechanical company's reputation.




business and finance

Optimizing efficiency in commercial installations

In modern construction, the phrase "a worker is only as good as his tools" holds true. To stay competitive, contractors must always seek innovative tools to boost efficiency. Building Information Modeling (BIM) is one such tool.




business and finance

Must-have tools for sewer line repairs or replacement

Sewer line repairs and replacements require precision, expertise, and the right tools. In this article, we will explore the essential tools for efficient sewer line work.




business and finance

Best practices for home services marketing through election season

Every four years, the election season brings a natural decline in customer demand for services. Marketing costs rise as all channels become saturated with campaign spending, and consumer sentiment declines. 




business and finance

5 steps to building a strong banking relationship

A strong banking relationship is critical for securing loans and for establishing and maintaining lines of credit. Relationships are not built overnight. Here are the steps you need to build a good relationship with a bank.




business and finance

11 ways to boost your plumbing company’s SEO

Explore 11 proven ways plumbing companies can improve their website visibility and search rankings. Whether you run a single-location operation or a multiple-unit franchise, these SEO tips will help you reach more consumers.




business and finance

7 reasons manufacturers advertise in the trade press

Every now and then I talk with a plumber who gripes about manufacturer ads in the trade press. Usually, the plumber believes the money could be better spent elsewhere, such as consumer advertising to make it easier for the plumber to sell the manufacturer’s products. Here are seven reasons why manufacturers advertise in the trade press.




business and finance

Best practices for managing finances

As Leap Partners' CFO I handle financial statements, acquisitions, and sales. Small businesses often find finance tasks overwhelming. I work with them daily, guiding them to secure their financial standing. Through this, I've learned about common financial trends and errors. Recently, I shared my insights with a friend.




business and finance

Beating the scalding and legionella paradox

Scalding remains a hidden danger lurking in homes across the United States, particularly impacting the vulnerable. The plumber can avoid the unintended consequences of simply lowering water temperatures.




business and finance

Networking for commercial plumbers

Larry Taylor, a renowned contractor, believed that networking is the key to commercial sales. Business is built on relationships, and networking helps build them. Here are nine ways to network effectively.




business and finance

BuyFin payment processing and consumer financing now available to help business owners unlock growth

BuyFin Payment Processing, which is offered in conjunction with third-party partners, helps business owners get paid faster from customers with competitive processing rates and a best-in-class technology platform, the company states.




business and finance

4 things you must do to justify a higher price

In every market, some companies offer low-priced products, while others offer high-priced premium products. If you want to justify a higher price, here are four things you must do.




business and finance

6 groups every plumber should join

Plumbers are typically independent and work alone from a service truck, but there are significant benefits to joining groups. These can include learning from peers and expanding your customer base. Consider joining these six groups as a plumber.




business and finance

How should you handle merchant service fees?

Some customers prefer using credit cards, but accepting them means paying merchant service fees. Contractors may offer cash discounts or add an upcharge, so consider how to handle merchant services.




business and finance

Leadership tips and best practices

When we hear about a 'dream team,' our minds envision the perfect basketball team or a group of highly skilled attorneys assembled for a high-profile legal matter. But creating a team that consistently delivers great results shouldn't be limited to sports or legal teams.




business and finance

Six things that matter about your branding

Developing a strong brand can significantly impact your plumbing company by making it more familiar and less intimidating to consumers. This can lead to more calls and reduced marketing costs. Here are six important factors to consider when building a brand and brand image in your market.




business and finance

When to invest in your contracting business

After hard work, your contracting company is turning a profit. You need to decide when to invest some of that money back into the business, balancing saving and making improvements to stay competitive.