Episode 8 of 11
In Progress

Episode 8 – HVAC Business Intelligence

Jennifer Bagley May 27, 2021
There are two types of flight plans that a pilot can file, VFR (Visual Flight Rules) and IFR (Instrument Flight Rules). Basically, when flying VFR you cannot fly through clouds and need to keep a safe distance from all potential collisions. Under VFR you are responsible for seeing other aircraft and obstacles avoiding collisions. Flying VFR allows a pilot to choose any flight path that they would like. When visual flights cannot be performed safely a properly rated pilot would file an IFR flight plan with an IFR rated aircraft. In theory this type of flight can be performed in zero visibility. An IFR flight takes place in controlled airspace and requires filing a flight plan. The routing is not completely at the pilot’s discretion. Established waypoints and airways must be used and the altitude for the flight is determined by things like minimum airway altitude, minimum radar vectoring altitude and traffic situation. When flying IFR a pilot relies 100 percent on their instrument panel and outside inputs such as air traffic control, not on the visual cues outside the plane. Many small to medium size business’s have filed a VFR flight plan and rely on visual cues as well as gut and instinct. In order for a business to grow the owner or the pilot needs to create a flight plan and begin relying on the instrument panel and other outside influences in order to make the appropriate decisions in regards to leading the business to the appropriate destination. Business is a series a short journeys or waypoints, each with specific outcome desires. The better your plan and the better your ability to measure specific aspects of that plan the better your ability to achieve your goal. During this session we will introduce you to critical dashboards for all HVAC business’s and we will see where our 6 companies are heading today.