Construction Industry Trends and KPIs Help Capitol Mechanical Inc.
Capitol Mechanical has been designing, building, and servicing all types of HVAC systems for over 40 years. The majority of their projects begin with a relationship developed on understanding what their clients need from them. When they were looking for a new CPA firm, one of their goals was to work with a firm who is committed to client relationships, just like they are. The team at SVA was the perfect fit. “SVA is our sounding board for all things financial,” says James Wagner, President of Capitol Mechanical. “Our bookkeeper works with them every month and they provide CFO services for our company. SVA meets with us monthly to review all things financially related and they are available whenever I have questions or am looking for business advice.”
When a previous partner left the business, SVA helped structure the buyout agreement, ensuring the company was positioned for success in the future. SVA works with their bookkeeper to improve and streamline processes, reviews financials on a monthly basis, and reconciles their accounts.
“I rely on SVA’s knowledge and advice to help us make business decisions as we continue to grow,” says James. “Our SVA team understands the business trends in our industry and helps us develop strategies for business in a good economic climate, as well as preparing us for economic downturns that may occur in the future. They help us compare our business with our peers by reviewing industry-specific key performance indicators.”
SVA’s recommendations have helped Capitol Mechanical choose vendors and business partners who are relationship based and will be effective strategic partners for their company. “SVA gives me the advice I need, when I need it, in a straight forward way. They are very much a part of my business team,” concludes James.