The Playbook for HVAC Owners to Build, Scale, and Exit Profitably with Greg Crumpton

In this episode of the HVAC Know It All Business Edition Podcast, co-hosts Gary McCreadie and Furman Haynes of WorkHero discuss the business side of HVAC with veteran technician and entrepreneur Greg Crumpton, the Vice President of Service Logic. Greg is an expert in mission-critical environments like data centers and hospitals. Greg shares his vast knowledge of the HVAC business, covering everything from financials and profit margins to building a solid team and breaking into specialized markets like liquid cooling.

 

Expect to Learn:

- How to calculate and interpret key financial metrics like EBITDA and Net Profit for HVAC businesses.

- The importance of team culture and how to build a solid team in an HVAC business.

- Key strategies for moving from working "in" the business to working "on" the business as an owner.

- How to break into mission-critical work, including data centers and liquid cooling systems.

- Tips for retaining top employees and building a culture of excellence within your company.

 

Episode Breakdown with Timestamps:

[00:00:00] - Introduction to the Episode

[00:01:05] - Understanding EBITDA and Profit Margins in HVAC

[00:03:51] - Transition from Technician to Business Owner

[00:06:52] - Building a Strong Company Culture and Team

[00:13:19] - Breaking into Mission-Critical HVAC Work

[00:16:32] - Opportunities in Liquid Cooling and Direct Refrigerant to the Chip

[00:20:57] - Closing Remarks and Contact Information

 

Follow Greg Crumpton on: 

LinkedIn: https://www.linkedin.com/in/crumptonskilledtrades/

Instagram: https://www.instagram.com/gregcrumpton/?hl=en

Facebook: https://www.facebook.com/gregcrumpton.airtight/

Company's Website: https://www.servicelogic.com/

Company's LinkedIn: https://www.linkedin.com/company/service-logic

 

Follow Furman Haynes on: 

LinkedIn: https://www.linkedin.com/in/furmanhaynes/ 

WorkHero: https://www.linkedin.com/company/workherohvac/ 

 

Follow Gary McCreadie:

LinkedIn: https://www.linkedin.com/in/gary-mccreadie-38217a77/ 

Website: https://www.hvacknowitall.com 

Facebook: https://www.facebook.com/people/HVAC-Know-It-All-2/61569643061429/  

Instagram: https://www.instagram.com/hvacknowitall1/