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Latest / Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

How Smart Home Service Owners Should Invest (P&L, EBITDA, and Enterprise Value)

In this episode of Owned and Operated, John Wilson and Jack break down what “smart investing” actually looks like for home service operators—starting with the truth most owners miss: if you run a business, you’re already an investor. You’re investing money, attention, and people every day.

They start with a practical framework for P&L investing (software, headcount, SG&A): if your business sells for a multiple, then any new expense should produce a return that justifies that multiple—otherwise, you may be quietly reducing enterprise value.

From there, they unpack the difference between…

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