Summer is approaching, bringing with it the sun, heat, and high temperatures! As a result, an increasing number of people are opting for air conditioning or good ventilation. As a result of the high demand for HVAC appliances, the sector has experienced significant growth, with many new small businesses being established each year. However, running an HVAC company isn't always simple. It's linked to a slew of issues on which businesses have little influence. As a result, we'll take a deeper look at these issues today and try to come up with some answers.
The industry is on an unstoppable upward trend (ranging from 6% to 13% depending on the period or location). Between 2016 and 2026, the number of jobs in the industry is predicted to increase by 15%. Lead Generation for HVAC Looking at these figures, we may see a bright future ahead of us. However, if we stop here, the true picture of the industry will be distorted.
Instead of seeing the world through rose-colored glasses, let us concentrate on the issues that businesses encounter on a regular basis.
"The HVAC Industry's Challenges"
The seasonality of peak periods.
When do individuals consider the need for proper heating and air conditioning? Of course, when the weather is oppressive in the summer or winter, HVAC companies are frequently overwhelmed by the quantity of potential customers and projects that must be managed at the same time during these periods.
Managing the company without incurring a financial loss during the rest of the year, when people are less reliant on HVAC equipment, can be difficult. When viewed through the eyes of the employees, it can be a deterrent to anyone wanting to work in this field. The uncertainty during the stable weather and overtime requirements during the summer are not appealing to young people who often look for jobs with a clear work-life balance.
There has been a labor shortage.
The construction industry as a whole is experiencing a labor shortage. Unfortunately, the HVAC industry is no different! In the United States, the average age of a mechanic (installer) is around 42. Probably, this figure does not strike you as worrying.
Did you know, however, that the number of employees under the age of 34 is two times lower than those beyond this age? With these figures, it's only a matter of time before the acute worker shortage becomes a reality.
Businesses try to deal with such issues in many ways, such as by developing local training programs or investing in new technologies. The latter can be a great way to boost a company's growth and improve project management.
The hardship of leading a group.
The lack of qualified staff isn't the end of the company's internal issues! The HVAC industry provides services that are both time-consuming and enjoyable.
You'll almost certainly require a supervisor to oversee the entire procedure and the final stage, aside from the people who install the necessary equipment. When we increase these stages by a large number of projects at the same time, managing a team becomes a genuine issue. Supervisors are responsible for a variety of responsibilities, frequently without being physically present at the installation site!
Companies decide to invest in project management software to gather and organize all of the information in one place in order to overcome this challenge.
Solutions to the HVAC Industry's Problems:
We were able to uncover three major HVAC concerns. With the right tools, you can reduce their impact on your business.