When I joined the sector for household equipment some years back, I had little expectation of making it big.
That was my third business attempt after running down a vehicle parts store and a dry foods retail store.
I have been in the homeowner solutions business for quite sometime now, and I have seen demands for heat and ac products shift time and again thanks to the market forces. Regular business does guarantee consistent revenue but when the market forces bring about negative changes, we experience sudden decline in orders and repair jobs. However, the latest shift has nothing to do with the natural market forces. Ever since the county government announced that we should be more energy saving conscious and embrace smart HVAC systems, we have had several inquiries from residents seeking to upgrade their whole home heating equipment. Few understand how such changes can benefit them. The majority, who mostly cannot afford a central heating upgrade, go for minor upgrades that focus on switching the regular filter with HEPA filter, electric heat pump instead of gas, and a programmable thermostat. Others simply want boiler repair for the usual equipment before they can think of saving for the new upgrades. A complete overhaul would require a new boiler installation, with or without a pump in place. Unlike a traditional fireplace or furnace which we hardly come across nowadays, upgrading a modern hot water boiler can be quite costly. The sudden demand has also led to shortages of parts and equipment. The upside is that my HVAC repairman is twice as business and the spike has pushed up my revenue since the announcement.