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Home » financial planning

Articles Tagged with ''financial planning''

Plumber working on pipe

Funding the Future: Smart Financing Strategies for Plumbing and Mechanical Contractors

Christopher Cornella Headshot
Christopher Cornella
July 9, 2026

Whether you're looking to acquire a retiring owner's book of business or simply need working capital to bridge the gap between completing a job and getting paid, understanding your financing options is one of the most important business skills you can develop.


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The logo for ProBooks by BDR.

BDR Launches ProBooks by BDR

The full-service bookkeeping solutions is designed for the needs of home service business.
Plumbing & Mechanical Editorial Staff
June 18, 2026

ProBooks by BDR aims to help owners and managers gain greater visibility into their financial performance by providing accurate, timely and organized bookkeeping support.


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A calculator, notepad and pencil over money.

Beyond Revenue: The KPIs That Drive Plumbing Profitability

BDR's Nate Agentis explains how contractors can use forecasting, cash flow management and technician productivity metrics to improve profitability.
Kristen Bayles 200x200 headshot
Kristen R. Bayles
June 3, 2026

Revenue may show growth, but KPIs such as gross profit per technician, utilization rates and cash flow provide a clearer view of business performance.


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A desk with a computer, phone, money and documents.

iWallet Joins NVIDIA Inception Program to Accelerate AI-Driven Contractor Payments Infrastructure

iWallet is building a platform that brings contractor payments and programmable financial services into a single system.
May 7, 2026

Through NVIDIA Inception, iWallet will gain access to GPU resources, software development kits, and engineering guidance. 


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A woman with a toolbox.

What's the best-paying state for a plumber?

Recent research from Construction Coverage shows which states and cities offer plumbers the highest wages.
Kristen Bayles 200x200 headshot
Kristen R. Bayles
April 3, 2026

Plumbing remains a stable and essential career, but the competition for talent is increasing. Contractors who understand regional wage trends and adjust accordingly will be better positioned to attract and retain the workforce they need.


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Chris Buttenham, CEO and co-founder of Reins.

Reins CEO Chris Buttenham to speak at Service World Expo 2025

Buttenham will share insights and best practices to support employee retention.
October 14, 2025

Service World Expo will take place in Las Vegas on Oct. 26-30th. 


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CEO-Warrior.jpg

CEO Warrior War Planning event helps owners plan for financial goals

November 20, 2024

Contractors who attended learned important lessons about financial management and planning. 


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The 7-Power Contractor

How to engineer a financial turnaround

7 Power Blog
Al Levi
February 8, 2017

It’s not too late to make lasting changes.


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Know your company's finances inside and out

Breaking even.
Jim Hamilton
January 18, 2017

Revenue management means knowing your company’s finances inside and out.


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Matt Michel

Service World Expo: 7 reasons why you must attend

It’s Oct. 26-27 in Las Vegas.
Matt Michel
Matt Michel
October 28, 2016

Plumbing & Mechanical; Reeves Journal; The Air Conditioning, Heating, Refrigeration News; and Service Roundtable have teamed up to launch the industry’s first major new trade show and conference.


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