Working With a Designer
Is there a common ground or way that the designer and contractor can do business together, each make the money they need to, and not overcharge the customer?
Job Superintendent / Leadman
Finding good employees is difficult, and you want to keep the ones you find. Sadly, I’ve spoken with a few contractors who’ve had their lead person, the one running their jobs, quit in frustration.
Construction Business Safeguards: Fraud and Embezzlement
We hear many stories from business owners who have had to recover from the theft of funds by their own employees. Today we’re sharing a list of things you can do to protect yourself and your business.
Hiring Friends and Family
When you own a small business you’re often asked to hire family or friends. Sometimes it works out great, but not always.
Pricing Handyman and Service Work
There are two schools of thought on pricing handyman projects and service work: T&M or flat rate pricing. They both have advantages and disadvantages.
Single Discipline Leads, Referral Fees
The note stated, “Because I’m the middle man, my subcontractor loses out a potential project.” That’s true, and it’s one reason you shouldn’t get into the position of being a middle man.
Dishonest Clients
We often hear from contractors dealing with a client who, for whatever reason, has decided to change the terms of their contract. Other professionals have the same problem.
Justifying Your Price
If your lawyer believes you have to justify your pricing just because someone doesn’t want to pay their bill, it’s time to find another lawyer.
Transparency – Or Maybe Not
Is transparency the way to go when selling? Be careful who you listen to.
Loaning Your License
It’s interesting how friends, relatives, and other contractors try to rope you into their schemes by asking to borrow your license to build their jobs.
Subcontractor Payment Schedules
Payment schedules need to be in writing, that includes between a general and specialty contractor.
Collecting Payment from a Dishonest Homeowner – Updated
Not all of your clients are honest. There are even a few who have no intention of paying you for the work you do.
Markup or Margin: Be Logical
If they tell you the formula to use will make you more profit, that’s baloney. It’s the numbers you use that determines your profit.
A Reputation for Cleanliness
Every day we drive by a new home under construction. I don’t know how many people pass this new home every day but I would guess it’s in the thousands; the road is always busy.
Resolve Their Challenges, Make The Sale
A survey outlines the challenges homeowners say they’re facing when they remodel or renovate their home. It’s valuable info, because it tells you what they need help with. It’s your job to show them you can provide that help.
Pricing Fears
A recent Houzz survey confirmed what you need to know if you’re in sales; it’s not all about price.