Service contractor Elite Electric in Port St. Lucie, Fla., will open its doors June 23-24 to other contractors to show the fundamentals of running a service business.

The program is called Money Masters, and is sponsored by Nexstar, a professional training and development organization for independent service contractors. According to Nexstar, the program is a combination business seminar and tour, which aims to help owners better understand how a good business is operated.

The two-day event will present the company's fiscal management techniques and explain how to create changes in a company that will be effective and profitable. At the event, contractors will have an opportunity to see how the shop successfully changed course from being a 100 percent new-construction company to 100 percent service work in a short time.

Nexstar also says that attendees will see how the husband-and-wife ownership team works together, and they will have the opportunity to meet and question the owners, technicians, staff and managers of the company,

For further information on Money Masters, visit