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Home » finances

Articles Tagged with ''finances''

AO-Smith_Xiaoping-Qian-resized.gif

A. O. Smith announces new North America Water Heating vice president of finance

April 23, 2024

In this role, Qian will lead the financial planning and analysis, pricing and business analytics teams with the goal of implementing strategies and actions to increase business growth, sales, earnings, cash flow and operational efficiencies. 


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Cropped shot of three young businesspeople working together on a laptop in their office late at night.
Guest Editorial | Mic Green

The AI and fintech lessons I learned while acquiring 14 PHVAC companies

Standardizing offers time-savings for businesses.
Mic Green
Mic Green
April 3, 2024

As controller, my job essentially boils down to two things: support our branches and ensure that Leap Partners has the cash flow to fund further acquisitions.  I want to share with you the three fundamental lessons I’ve learned to achieve these goals.


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Shot of a young woman using a laptop and calculator while working from home
Guest Editorial | Patrick Ritter

Best practices for managing finances

Tips for plumbing and heating contracting business owners.
Patrick Ritter
Patrick Ritter
March 11, 2024

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.


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PM Jan 2024 Matt Michel column opening image of businessman standing in front of large door with a view to the city
Service Plumbing Pros | Matt Michel

5 steps to building a strong banking relationship

In times of economic uncertainty, securing loans and lines of credit are critical for businesses.
Matt Michel
Matt Michel
January 8, 2024

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.


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PM 1023 CLMN Editorial Opinion feature image
Editorial Opinion | Nicole Krawcke

A subscription-based model for the trades?

Ensure you’re providing your customers with financing options.
Nicole Krawcke head shot 2024
Nicole Krawcke
October 16, 2023

Plumbing and HVAC contractors can help alleviate financial worries by offering multiple financing options.


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making the gears fit

Brad Williams: An unprecedented year for M&A

Challenges buyers face and what they should keep in mind.
Brad Williams
Brad Williams
December 9, 2022

This past year has been an unprecedented year for the mergers and acquisitions (M&A) space, hitting $5 trillion in volume in 2021 through over 40,000 transactions. The number of transactions in the distribution and manufacturing space has caused owners to take a closer look at their options regarding selling and/or acquisition options.


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Oatey-Juli-Musch.gif

Juli Musch joins Oatey as Chief Financial Officer

November 28, 2022

With more than 30 years of experience in financial management, Musch is a proven executive with a wide range of expertise across finance, treasury, accounting, and other business disciplines. 


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credit card

Zaid Rahman: 3 credit card considerations for plumbing contractors

Evaluating the right credit card for your business.
Zaid Rahman
November 10, 2022

 While most plumbers may like to think that they’re mostly serving routine maintenance or installation customers, the most common nature of those calls is likely panicked customers with a burst pipe, a backed-up toilet or another emergency that needs a response ASAP.


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Cash is King

Dave Yates: Tips for recession-proofing your business

Cash is king
Dave Yates
Dave Yates
May 4, 2022

How much money do you have in the bank? I’m talking about your business primarily, but your personal cash reserves can become an important tool to temporarily support your business.


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