What is the deal? Are they selling this off or not? Does anyone even want to buy it?
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Home services top heavy with saleris. Regional district and service managers making huge paychecks. Rent on service buildings that don't service anything anymore.so much waste
Why would someone buy it at all? All you have to do is run an ad campaign saying "you can trust we'll be here because we aren't sears" and succeed.
Post Merger (Service Repair side of Home Services)
Home Services (2005-2010) = Repair/Service Driven, Experienced Techs, Money Generator.
Home Services (2010-2015) = Service/Sales Driven, Fewer Experienced Techs, Money Generator but on lower volumes and higher costs (fewer technicians/fewer calls/lower completes/higher part orders).
Home Service (2015-current)=Sales Driven, Mass Retirement/Technicians leaving the business/Managers leaving the business/Senior Managers leaving the business/VP's leaving the business, Money Generator on even lower volumes (use of 3rd party service providers to run calls).
Will it be sold? At some point yes, but when is problematic.
Who would buy it? Someone looking to expand their market share or move into a new horizontal market. Thinking companies like Service Master or Sodexo
At this point in the game, the strategy is generating cash to improve operating liquidity. If it cant.... Well, now you know why there is such pressure on the technicians, managers and field teams to do more...