HVAC Software Partnership
Share
Brent describes partnering with and scaling local service businesses, particularly in trades like HVAC, pools, and lawn care, by implementing systems and software to professionalize operations.
Key Points:
-
Target Industries:
- HVAC service companies
- Pool services
- Lawn and garden care businesses
- Other local service businesses that struggle with customer responsiveness
-
Business Model:
- Partner with existing successful small companies that have good systems
- Focus on companies that have developed their own software/systems
- Get hands-on involved in operations
- Help scale through systematization and professionalization
-
Strategy:
- Find opportunities by talking to existing business owners
- Identify pain points in their supplier relationships
- Look for successful customer segments to expand into
- Get a foothold in the business and build from there
-
Key Differentiator:
- Focus on non-tech entrepreneurship
- Emphasis on operational improvements
- Target businesses that are working but not yet fully professionalized
- Solve common industry problems like poor customer callback rates
The approach focuses on taking working local service businesses and scaling them through better systems and operations, rather than pure financial engineering or tech solutions.
49:13 - 49:30
Full video: 53:06BB
Brent Beshore
Founder and CEO of Permanent Equity, specializing in acquiring and operating small businesses. Author of "The Joys of Compounding" and contributor to various business and finance publications.
Featured on business podcasts and in articles on private equity and business strategies.