Taking Over the Family Contracting Business: A Step-by-Step Plan

Family business succession, contractor growth strategy, flat-rate pricing, and building a leadership team: Tyler Heath shares how he took over Ricky Heath Plumbing, Heating and Cooling from his father and grew it from $3M to $12M in under five years, during COVID, with outdated systems and a team resistant to change. In Episode 213 of The Trades Podcast, Tyler breaks down the exact decisions and execution steps that drove rapid, managed growth: Adopting technology to modernize outdated operations Shifting from hourly pricing to flat-rate pricing to boost margins Adding HVAC to expand service offerings Building a marketing plan around customer service and positive reviews Recruiting the right talent and developing future leaders Whether you're taking over a family contracting business, buying a company, or trying to grow your existing operation, Tyler's step-by-step approach is a practical playbook for turning execution into results, no matter what's happening around you. Subscribe to The Trades Podcast for more real conversations with trades industry leaders. WEBSITE: https://www.rickyheathplumbing.com/ EMAIL: [email protected] FACEBOOK: https://www.facebook.com/RickyHeathPlumbing/ INSTAGRAM: https://www.instagram.com/rickyheathphc/ LINKEDIN: https://www.linkedin.com/company/ricky-heath-plumbing-heating-cooling