Exit Coach Bill Black interviews Top Advisors for Tips, Ideas & Precautions for Business Owners who want to grow and protect their company value and plan for a successful Business Sale or Transfer. Listen daily so you can be well-planned!
Episodes
Monday Aug 08, 2016
Monday Aug 08, 2016
Be aware of the new requirement for energy efficiency - according to Michael Genevay, it could save you thousands.
Find his full interview with the search bar.
Transcript:
Bill: Is your commercial building energy efficient? Are you sure? Here's Michael Genevay.
Michael: My goal when I talk to a building owner, I'll ask them, "Do you think your building is energy efficient?" They'll say, "Well, yes, it is. The equipment I purchased ten years ago was state-of-the-art." It probably was ten years ago, but you have no idea what it's doing now. There's a saying in the industry that you can't manage what you don't measure, and if you don't have an idea of what you're really looking at, you're just guessing. You're assuming that you're competitive, you're assuming that you're getting utilities and everything streamlined to a bottom line that's profitable to you, but you have no idea. So, benchmarking is so important because it allows you an actual cost. Basically, what we do is a complete footprint of all of the energy usage in that whole entire building from top to bottom so you have a really good idea.
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