Tuesday, May 02
9:00 AM - 3:00 PM - Central Time (US & Canada)
2220 West Altorfer Dr
Peoria, IL 61615
$225 per person, $175 per person for FAD Dealers, $400 per person for both Budget Bootcamps or $300 for FAD dealers. Ask about the EGIA discount for doing a Business Evaluator.
Budget Bootcamp: “Pricing For Profit”
May 2nd, 9 am – 3:00 pm @ Peoria Habegger Location
Presenters: Jeff Revlett, GM Contractor University & Member of EGIA
Bill Yeakel, Residential Sales Manager
Paula Lutrell, Regional Administration and Credit Manager
When you think about it, HVAC is really simple. It’s math based on facts, data and science (thermodynamics and physics) and put into action and mechanical use to provide homeowners with a safe, comfortable, healthy, energy-smart home life experience. From a business standpoint, the math is more about accounting than science—and how you price your jobs can mean the difference between just breaking even and making your desired profit.
One of the best opportunities to create and sustain a profitable company is by selling residential replacement opportunities….but what should you charge? Are you too low, too high, or just right? With the increase in equipment costs, increased pay for technicians (not to mention the truck is WAY more expensive), and gas and utilities going up, it is more important than ever to “price properly for profit”.
About Jeff Revlett, GM Contractor University
Jeff grew up in a family-owned contracting business and has over 32 years of industry experience, including 25 years in HVAC Distribution. Jeff has an associate’s degree in Accounting, a Bachelors degree in Business Management from Murray State as well as an MBA in Strategic Management from the University of Miami. Jeff has done numerous financial training courses all across the country, helping businesses big and small accomplish their profitability goals.
About EGIA, Official Training Partner of Habegger IL/IA
The Electric & Gas Industries Association (EGIA) is an industry-leading nonprofit organization passionately committed to helping contractors achieve success in their businesses through a variety of education, training, services, tools and other offerings.
Prerequisites for class: this is a work-shop/participation class: dealers should bring their laptop and have their 2022 financials available to help you build your pricing strategy.
Key takeaways include:
Who Should Attend:
9:00 – 9:10 am Class Objectives & Introductions
9:10 – 10:10 am Intro SBA representative, tools & resources
10:15 – 10:30 am Break
10:30 – 11:15 am Basic Concepts of contractor’s P&L
11:15 – 12:15 am How to price replacement from a P&L budget (GP $ per crew)
12:15 – 12:45 Lunch Break (Lunch will be served) Review CU & BE at lunch
12:45 – 2:15 Job Costing
2:15 – 2:45 Balance Sheet
2:45 – 3:00 Cash flow statement
3:00 – 3:15 Review Class, get feedback, Promote Budget Bootcamp course
Class Investment: $225 per person, $175 per person for FAD Dealers
$400 per person for both Budget Bootcamps or $300 for FAD dealers.
Ask about the EGIA discount for doing a Business Evaluator
Click the link to complete the registration.