Three HVACR industry veterans came together to discuss how they’ve navigated the waters of securing capital over the years, the impact it’s had on their businesses, and how contractors can successfully secure capital for their own businesses.
To successfully open their own training facility, contractors have to thoughtfully decide on a curriculum, find or design a space that can house students and faculty plus all the needed equipment to train, secure the necessary finances, hire a credible lead instructor, and market it.
Opportunity is knocking for the HVAC industry in the form of consumer rebates offered through the federal Inflation Reduction Act (IRA), and contractors who haven’t planned their approach to leveraging these incentives would be well advised to do so now.
Since most of the world already does a lot of their shopping online, the question on the mind of HVAC contractors who are thinking about starting an online store of their own, might just be where to start.