In 1992, NSPG released Numbers Cruncher, our Break Even Calculator. This was followed by our Flat Rate Price Book product line. With our simple-to-use-tools, you can make being a business owner what you always wanted to it be - successful, profitable and rewarding.
to the Future
The changes we will need to make can take two paths - one forced upon us or one we choose.
The pure technology path is more or less forced upon us. Our cell phones will become more Internet connected because the phone company makes more money that way. Our entertainment will become more interactive and pervasive - TV, YouTube, Facebook, and baseball play-by play in our pockets. Even if we don't want to, as our electronic devices wear our, we will be forced to change.
Our businesses are no different. But, unlike your personal life, waiting to be forced to make changes may not be the best path to success. Modernizing your business as new technologies are proven to work will keep your business model from becoming obsolete like your old VCR.
Most people view the Electrical, Plumbing, and HVAC trades the same way they did a decade ago. The problem and opportunity, is that these fields are changing just as fast as the rest of society. We work with new tools, new materials, and new techniques every day. And, ever increasing energy costs are leading to major changes whether we like it or not.
The future for all of our trades is "Green." Whether we call it that or not, energy efficiency is where future opportunities for business growth lie. For electricians, this could mean expanded lines of work retrofitting lighting; specifying and installing photo sensor technologies to take advantage of daylight to save energy; energy management systems; and photovoltaics and wind turbines.
Why just do new installs and client requested upgrades when you can offer value to your clients through new technology based upgrades of just about every electric/electronic device they own? And, there are even free tools to help sell and continue to sell these upgrades like Google PowerMeter, or Microsoft Hohm. The potential for sales at each client site is significantly higher than ever before because you can easily show and continuously measure how quickly upgrades can pay for themselves.
There are similar opportunities in Plumbing and HVAC where energy efficiency has been in the forefront of change for many years and is accelerating. One of the big changes forced by the availability of new technologies is the the expansion of many companies into all three trades. A company that has Plumbing, Electrical, and HVAC expertise can compete across the board in complex integrated energy saving projects where the real profits are.
Getting the training and tools needed to compete in this growing market could be critical for continued success for many businesses. The size of the energy efficiency and retrofit market is projected to be over $10 billion by 2014. Most businesses moved to computers and software to replace the old ways of setting prices, printing price books, dispatching, and running the office years ago. It's time to embrace the latest technology for the rest of your business as a way to ensure future growth and profitability.
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Give Mike Conroy a call to discuss how many NSPG client businesses are implementing new energy efficiency technologies to enhance their business performance. Take advantage of his experience working with hundreds of companies like yours to help you achieve your own business success.
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Four times a year, Nexstar members and Nexstar prospects have an opportunity to visit and get inside a Nexstar member residential services company like their own. Everyone joins together to explore and disassemble the host company’s business. Then they recommend ways to put it back together again, better than it was.
Members say, this is the “best ever” experience. They pick up tips never possible in a classroom or out of a textbook. And they take a pile of practical solutions back to their own business.
Consumer confidence rose five points to 63.3. A value above 90 generally reflects a strong and growing economy. Consumer are more optimistic about job growth, but spending growth is expected to slow.
AAA forecasted 5% more
trips of over 50 miles this Memorial Day Weekend than
last year. That is about 25% fewer than in 2005.
Calculating Your Hourly Charge
Sell Price = Breakeven ÷ (1-Profit %)
Example: 25% Profit and $150
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Nexstar members answer that question two ways:
Our members have been through the ups and downs and faced the same business issues you're encountering. By joining together in Nexstar's "best practices" organization, they now share, learn, explore and grow - and their business is on a steady upswing - with more time to swing the clubs.
Real contractors. Real results.
Others make similar claims. Here's the difference: Members. They own Nexstar. We talk, build a knowledge base of what works and doesn't work, cut out the pitchmen and consult with the real deal experts in fields that matter to members. No gimmicks. No "pre-fab" systems. And no policy requirements that commit you long term. We know your world and speak your language because our members are your peers.
— Connects you to a huge pool of knowledge and
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NSPG, Inc. PO Box 1168, Manahawkin, NJ 08050
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