Moi family HVAC business making $200K/year, good enough?

Furore

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Moi family HVAC business raking in about $200k annually from HVAC installations, maintenance and servicing for a family of 3

Currently only saddled with $50K in mortgage and car loans

Moi want to push it to $1M annually
 
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j4jersey.

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Moi family HVAC business raking in about $200k annually from HVAC installations, maintenance and servicing for a family of 3

Moi want to push it to $1M annually
System 3 cost 3-4K per house, 200k annual revenue only?
 

focus1974

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Moi family HVAC business raking in about $200k annually from HVAC installations, maintenance and servicing for a family of 3

Moi want to push it to $1M annually

easily done if you already have the technical expertise.
Just need to hire a competent sales and marketing team .

Look at property Lim brothers... Most successful property team in recent years who is able to utilize social media very successfully.
 

Furore

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easily done if you already have the technical expertise.
Just need to hire a competent sales and marketing team .

Look at property Lim brothers... Most successful property team in recent years who is able to utilize social media very successfully.
Bookmarked chiur post for inspiration

Think moi laopeh will do something like that when he expands his enterprise :o
 

Phases

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Net profit
redface.gif

ok, not bad for 3men team but provided the salary drawn is above market else it is just short changing salary to have more nett profit.


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Furore

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ok, not bad for 3men team but provided the salary drawn is above market else it is just short changing salary to have more nett profit.


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Family of 3 meaning moi, moi lao bu and moi lao peh but he got few subcons already moi think

Moi lao bu not working and moi ish assisting moi lao peh but live comfortably
 

Phases

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Family of 3 meaning moi, moi lao bu and moi lao peh but he got few subcons already moi think
Moi lao bu not working and moi ish assisting moi lao peh but live comfortably

as long your dad draws ard 10k, you around 4k and mum around 2k (assuming admin role). it is very decent income.


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focus1974

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Bookmarked chiur post for inspiration

Think moi laopeh will do something like that when he expands his enterprise :o
i witness first hand how SMEs can languish because the boss do all the sales and think he is the best salesman.

Those who can expand actually have a sales team.

Small setup .. is 1 person do sales, marketing and business development all rolled into one.
medium setup is .. Ask Biz Development Guy to Head the Team with 1 sales and 1 marketer (social media / design / content creation)

People who have proven biz development experience are valuable coz they are more than just a sales man. They are like a mini-entrepreneur who can spot markets and niches and strategize to break into that market and they are usually good salesman. But good salesman might not necessarily be good business development executive.

Good salesman are the one you depend on to maintain your existing market and also help the biz devt guy foray into new markets.
 

Furore

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Moi family HVAC business aircon installation resumes next month​


Finally got something to do next month :o
 
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