Jeff Williams of Vermont-based Spafford & Sons Water Wells, and former president of the National Groundwater Association (NGWA), imparts his wisdom on how contractors can navigate the ins and outs of variable and fixed costs and run their businesses as efficiently as possible. He also shares how to handle price increases from distributors, as well as the importance of balancing onsite work with financial structure development.

Part 3 of the Small Business Toolbox, a 5-part series from In The Field with Goulds Water Technology, focusing on helping small business professionals tackle the financial side of their business in the water industry and beyond. Episode recorded live at Groundwater Week 2019 in Las Vegas.

Learn more about the 2020 McEllhiney Lecture Series here: https://www.groundwater.org/lecture/mcellhiney/