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Home » Topics » Columnists » Guest Editorial

Guest Editorial
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ARTICLES

Account balancing

Michael Richter and Adam Fiedor: Enhancing the value of the MEP business

M&A opportunities in 2023 still remain strong for plumbing contracting businesses.
Michael Richter Adam Fiedor
March 10, 2023
No Comments

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.


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lead generation

Mike Disney: Become the authority to the right audience

Stand out from competitors by becoming the authority and educating your customers.
Michael Disney
March 9, 2023
No Comments

The ultimate goal when developing your home service company’s best practices for sales and lead generation is to become the only opportunity or alternative your customers see.


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Opioid use in employees

Michael Copp: Opioid-related deaths and suicides in construction

A critical aspect of employee retention is caring about your employees and their health.
Michael Copp
March 8, 2023
No Comments

Employee retention is a critical key to contractor’s business success given historically low U.S. unemployment at 3.5%, and continued difficulty in filling plumbing and HVAC positions — with only one of four positions being filled.


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review my predictions

Brad Williams: 2023 predictions

Review 2022 predictions and make new ones for 2023.
Web bradwilliams headshot 500x600
Brad Williams
February 8, 2023
No Comments

 As 2022 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 2023. Just like last year, I will stay away from prognosticating about where the stock market will be at this end of the year; instead, I will stick to identifying trends that supply houses will find important in this upcoming year. With all that being said, let's jump right in and review my 2022 predictions.


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skilled workers in the plumbing industry

Anthony Cafagna: How to attract Gen Z to jobs in the plumbing industry

Employ these strategies to help attract the next generation of plumbers and pipefitters to the trades.
Anthony Cafagna
January 12, 2023
No Comments

It’s no secret that there is a major shortage of skilled workers in the plumbing industry right now. According to one report, the booming real estate market, combined with piqued interest among homeowners in renovation projects during the pandemic, substantially increased customer demand for home services that isn’t slowing down anytime soon.


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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.
Web bradwilliams headshot 500x600
Brad Williams
December 9, 2022
No Comments

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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student math, reading

Michael Copp: U.S. student math, reading scores will impact the trades

Decreasing scores could exacerbate ongoing workforce shortages.
Michael Copp
December 8, 2022
No Comments

The National Assessment for Educational Progress (NAEP) reported in what’s referred to as the "nation’s report card" in September 2022 that recent long-term reading and mathematics assessments during the COVID-19 pandemic showed that “average scores for age 9 students in 2022 declined five points in reading and seven points in mathematics compared to 2020.


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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
No Comments

 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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next generation of plumbers

Garrett Wilson: Promoting technology in the plumbing field

Attract the next generation of plumbers and new customers by highlighting new tech.
Garrett Wilson
November 9, 2022
No Comments

As anyone in the profession knows, the plumbing industry is rapidly changing. Demand for plumbing services is reaching unprecedented levels, but so too is competition.


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Waste heat recovery from solar PV

Ross Goldstein: Waste heat recovery from solar PV

Increase the PV efficiency and hot water.
Ross Goldstein
October 12, 2022
No Comments

A little-known fact about solar electric panels is that the hotter the panel itself, the less efficient it becomes. Studies have found a 0.05% efficiency loss for every degree of temperature that is increased. The reverse is true in that efficiency increases by 0.05% for every degree temperature decreases.


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