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2 months ago | 
mypmp.net | Bob Williamson |Joey Ciccolini |Diane Sofranec
I typically stay in a hotel for work and personal travel between five and 15 nights a month. Unlike pre-COVID-19, most hotels do not provide daily bedding changes, unless prompted. The pandemic very much enabled this to reduce virus transmission. I was fine with it. With COVID-19 behind us, this practice has not changed in most hotels while prices have kept pace with inflation. The reduction in hotel staffing is significant, resulting in reduced operating expenses.
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Nov 21, 2024 | 
mypmp.net | Joey Ciccolini |Bob Williamson
Main Line Brands, the parent company of service franchise brands Mosquito Authority, Pest Authority and Fitness Machine Technicians, has extended its franchise agreement with No More Bugs for 10 more years.
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Nov 18, 2024 | 
mypmp.net | Bob Williamson |Heather Gooch |Michael A. Bentley |Charles Holt
We asked Pest Management Professional’s columnists and editorial advisory board members to share some advice on how pest control companies can improve cost management in 2025. Here are some of their responses from our November 2024 print edition. Dr. Hamilton Allen: “Invest in accounting software and training. Improper accounting and management lead to the downfall of most small businesses. There are several tools on the market that can help you identify where your organization’s dollars are going.
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Nov 18, 2024 | 
mypmp.net | Bob Williamson |Joey Ciccolini |Dan Gordon |Sheri Spencer Bachman
I was recently asked to deliver a conference presentation on how to develop mid-level supervisors. I looked online for outlines I could use and found mostly generic articles that seemed to be generated by artificial intelligence. Instead, I started jotting notes from my 40-plus-year career of managing people where I could draw upon real-life experiences. What follows are four of my top lessons learned. The owner sets the toneWhen I visit a business, I get an immediate feel for how well-run it is.
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Nov 7, 2024 | 
mypmp.net | Bob Williamson |Joey Ciccolini
On Nov. 20, 2024, at 11 a.m. Eastern, Cetane Associates Directors Danny O’Laughlin and Nick Stein will present “EBITDA: How to Calculate Earnings.” In this free, 20-minute “Lunch & Learn,” the pair will walk attendees through how to calculate arnings before interest, taxes, depreciation and amortization (EBITDA) — the financial metric most commonly used to value your business. A question-and-answer session will follow their presentation. Register here.
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Oct 24, 2024 | 
mypmp.net | Bob Williamson |Heather Gooch |Dan Gordon |Sheri Spencer Bachman
I recently attended a conference in Boston, Mass., where I took some clients out for drinks and dinner at an Irish pub near our hotel. The next morning, I realized I had left my credit card at the bar. I verified there was no activity on my credit card, so I headed to the bar at 11:30 a.m., when it opened. I was greeted at the door, and I told the employee, Mara, that I had likely left my credit card there the previous evening.
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Oct 14, 2024 | 
mypmp.net | Bob Williamson
Nifty Pest introduces Rapid Reach, which it describes as a “game-changer” for pest control companies wanting to reach more customers with their websites. Combining artificial intelligence (AI) technologies with search engine optimization (SEO) best practices, Nifty’s Rapid Reach offering drastically cuts down the time and resources needed to build new, geo-targeted web pages at scale, allowing your website to rapidly expand into more markets on Google Search.
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Oct 7, 2024 | 
mypmp.net | Bob Williamson |Bobby Jenkins |Dan Gordon
Over 100 years ago, the maxim “comparison is the thief of joy” was used by our 26th President, Theodore Roosevelt. While I agree with the premise of this quote, we do need to compare wisely our business to others to understand how we can do better. The opportunity to improve based on what we see and hear from others must be done cautiously. Like most people, companies are most apt to share what they are most proud of, and many tend to embellish the information.
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Sep 19, 2024 | 
mypmp.net | Dan Gordon |Bob Williamson |Sheri Spencer Bachman |Diane Sofranec
Let’s face it: It can be exciting to get your first call from a private equity firm. It means someone with deep pockets is interested in your company. You have spent years building a profitable company and finally, someone is taking notice. But why are they contacting you now? And how should you handle the call? Should you even take the call, or return it? When private equity firms come knocking at your company’s door, it’s a significant moment that can potentially transform your business trajectory.
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Sep 18, 2024 | 
mypmp.net | Bob Williamson |Diane Sofranec |Pete Schopen |Michael A. Bentley
As a kid, I would play “10 Questions” to meet new friends. I discovered it was a great way to learn more about people I didn’t know. I meet pest management professionals (PMPs) often, and they will ask me for a value multiple for their business. My professional answer is “It depends — please let me ask you a few questions.” What follow are 10 questions I would expect them to know the answers to and readily share. 1. What are your yearly gross sales?
