HVAC profit margins from a CFO who closes the books: 50/30/20 as the target, why your reported gross margin is probably wrong, and margin by department.
HVAC Profit Margins: What Good Actually Looks Like Read More »
If your P&L says you made money and your bank account disagrees, QuickBooks Online will tell you why. Most owners never open the report. It takes about five minutes. This is the shortcut version of building a cash bridge by hand. If you want to understand why profit and cash separate in the first place,
QuickBooks Cash Flow Statement for Home Service Companies Read More »
You're staring at two screens. The P&L says you made money. Your bank app says payroll is going to be tight. Both are true. I sit with HVAC owners in this exact spot all the time. Usually the business is busy, invoices are out, trucks are moving, and the owner still feels blindsided because the
Why Is My HVAC Company Profitable but Out of Cash? Read More »
You know the feeling. It’s Sunday night, you’re looking at the bank balance, and the question isn’t whether the month was profitable. It’s will I have cash in week 9 when payroll, the tax payment, and the truck all land? This is the first tool I build with every new HVAC client because it answers
How to Build a 13-Week Cash Flow Forecast for an HVAC Company Read More »
Best summer ever. Then October hits and the account is thin again. I’ve sat with owners who ran a shop that swings $250K to $400K between July and October without changing a thing on the P&L. That’s the trap. You can make money on paper and still feel broke in the bank. Profit and cash
Cash Flow for Home Service Companies: The Owner’s Guide Read More »
Nobody who owns an HVAC, plumbing, electrical, or roofing company wakes up and searches for a CFO. They search for the problem sitting in front of them. Why does the P&L say one thing and the bank account say another. Why did revenue grow while cash got tighter. Why does one department stay busy and
Strategic CFO Services for Home Services Companies Read More »
For a lot of HVAC companies, September and October are the awkward months. Cooling season is winding down, but heating season hasn’t really started yet. It’s shoulder season. Seasonality is one piece of a bigger problem. Cash flow for home service companies is the full version, and shoulder season is where it bites hardest. This
Shoulder Season Is Coming: What I’m Telling My HVAC Clients Right Now Read More »
“How much cash should I keep in my HVAC business?” It’s a question I get from HVAC owners, especially after a strong few months when there’s finally a healthy balance sitting in the bank. The simple answer you’ll hear is two or three months of operating expenses. I don’t think that’s a bad place to
How Much Cash Should an HVAC Company Keep in the Bank? Read More »
A polished cash flow forecasting template in Excel won’t automatically give an HVAC, plumbing, electrical, or roofing company reliable cash visibility. A historical cash flow statement tells you what already happened. A monthly projection organizes expected receipts and payments across a longer planning horizon. A rolling 13-week forecast answers the operational question that usually matters
10 Cash Flow Forecasting Template Excel Resources Read More »
