HVAC Contractor Business Plan, Marketing Plan, How To Guide, and Funding Directory
The HVAC Contractor Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a HVAC Contractor business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready
- Complete Industry Research for the Industry
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Marketing Plan (24 to 28 pages)
- 425+ Page Funding Directory
- PowerPoint Presentation
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- How to Start a Business Guide
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PowerPoint Format
- Meets SBA Requirements
HVAC contractors are always able to remain profitable and cash flow positive given that they are able to prepare highly complex air-conditioning, heating, and ventilation systems in both homes as well as commercial buildings. These repairs are not something that most homeowners or property managers can do, and as such – these businesses are able to thrive pretty much in any given market. The barriers to entry for a new HVAC contractor are considered moderately high given the licensure requirements needed to own and operate one of these businesses. Usually, someone must be considered a master contractor for their able to get their license to operate in this capacity. The gross margins generated from services are considered high as well given that revenues are produced from a combination of both labor as well as the sales of parts. Aggregate lady, most of these contracting businesses generate gross margins in the range of 75% to 80%. The startup costs associated with a new HVAC contractor generally range anywhere from $50,000 to $150,000 depending on the number of vehicles being purchased, inventory on hand, and the local market in which the business is being launched.
Almost all financial institutions are willing to place capital with each the a C contractors given that they are able to generate high gross margins from their services and their revenues are immune from negative changes in the economy. Any business plan that is going to be presented to a financial institution should include a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, business ratios page, and lending ratios page. Special attention should be paid to the fact that revenues will almost always cover any underlying debt service obligation. The business plan should also include a thorough analysis of local demographics including number of homeowners, number of property owners, median household income, median family income, population size, population density, and the number of HVAC systems installed in the local market. Additionally, and examination of other HVAC contractors should be included as well. Competition most local markets is strong.
As it relates to marketing, most H the a C contractors typically work on two fronts. First, many of these contracting businesses maintaining expansive print and online advertising campaigns so that they can be quickly found in the event that a homeowner has an emergency. These types of revenues generally account for 50% to 60% of aggregate revenue generated by these contracting businesses. Second, many HVAC contractors will work with general contractors and real estate developers as relates to installing systems in new developments. This is an extremely important revenue stream as a generate very high transactional revenues for these contracting businesses. Additionally, in the event that something goes wrong with one of the systems it is usually the contractor that installed the system that is called first to make any repairs.
The online marketing campaign for a HVAC contractor should include having a website that showcases every service offered by the business coupled with a listing of the types of manufacturers covered for installed systems. This website should be listed among all major search engines. A presence on social media – while important – is not totally necessary for a new contracting business. However, social media is a great way for local people to make recommendations for new businesses.
The HVAC contractor SWOT analysis should include a discussion relating to the strengths, weaknesses, opportunities, and threats that are faced by these businesses on a day to day basis. As relates the strengths, most of these contracting businesses are always able to remain profitable given that their services are in demand at all times. For weaknesses, there is always a number of competitors that operate in a similar capacity that will be able to render the same services as this contracting business. For opportunities, many HVAC contractors will expand their operations by acquiring additional vehicles, hiring additional personnel, and expanding the number of systems that they work with. For threats, there’s really nothing that would impact the way that these companies do business as their revenues are immune from negative changes in the economy.