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.
Every month, the Peterman Cares program donates and installs heating, cooling, plumbing, or electrical equipment for someone experiencing unplanned hardship in the Indianapolis area.
Adequate plumbing plays an integral role in the overall health of a community’s water systems and plumbers can serve as the gateway to giving homeowners clean water and helping conserve H2O.
Recent LinkedIn studies show that more than half of the workforce is open to exploring new employment opportunities. That means there is a good chance that as you read this article, you have people assessing their employment options in your company.
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.
Petri Plumbing, Heating, Cooling & Drain Cleaning is celebrating both World Plumbing Day on March 11 and World Water Day on March 22 by reminding Americans how important plumbing is to human comfort, proper sanitation and water preservation.
Ray Bramble, along with his sons, Ryan Bramble and Bradley Bramble, are no strangers to franchising. The Brambles converted their family-owned and operated HVAC contracting business to an Aire Serv franchise — a Neighborly company — in 2009, mostly due to a lack of systems in place at the time.
BNP Media’s Plumbing Group is finally settling back in after a whirlwind of travel this past month. We’ve been racking up those frequent flier miles attending NKBA’s Kitchen & Bath Industry Show (KBIS), IMARK Plumbing, the AHR Expo and the WWETT show. While there was a ton to see at each event, for the purposes of this column, we’re going to focus on KBIS.
Many U.S. businesses across a variety of sectors have experienced new challenges over the last year — this is particularly true for those in the mechanical, engineering, and plumbing (MEP) industries. In early 2022, the MEP sector saw labor shortages and supply chain disruptions lead to increased labor and material costs, while later in the year and early into 2023, businesses are experiencing slowing demand for building and renovation. Unsurprisingly, this dynamic has culminated in constantly fluctuating profit margins for many MEP business owners.