Expert advice for contractors: pricing, estimating, and business growth.
The average cost bathroom plumbing rough in for a standard 3-piece layout is $2,400. This covers 12 labor hours, $450 in materials, and a 40% profit margin.
To properly charge for drywall repair, set a minimum fee of $350. A $150 patch loses money once you factor in drive time, multiple coats, and 30% profit.
Clients ghost estimates because itemized bids cause sticker shock and invite price shopping. Present lump-sum pricing on the spot to close jobs immediately.
When deciding between a contractor 1099 vs w2 worker, know this: if you control their schedule and supply their tools, they are a W2 employee. Period.
To scale a contractor business from $80k to $300k, you must stop swinging the hammer, delegate admin work, hire a lead tech, and shift to sales and management.
The exact moment to switch from sole proprietor to LLC is when your net profit hits $80,000. Operating as a sole prop beyond this costs you $6,000+ in taxes.
OSHA ladder rules require extension ladders to extend 3 feet above a landing and prohibit standing on the top step. Violations trigger $15,625 fines instantly.
The average 200 amp panel upgrade cost should be priced at $2,800 to clear a 50% profit margin. Charging under $2,500 means you are losing money on labor.
Contractor progress payments should keep you cash-flow positive. Use a 40/40/20 schedule tied to project milestones, never time, to avoid funding client jobs.
To file a mechanics lien, send a preliminary notice when starting work, issue a Notice of Intent if unpaid, and record the lien at the county within 90 days.
Under OSHA silica dust rules, dry-cutting tile or concrete without a HEPA vacuum is a $15,625 fine. Learn exact Table 1 compliance and the setup you need.
The best estimating software for handymen lets you send a bid from your truck in under 10 minutes. Compare Joist, Jobber, and Housecall Pro for mobile speed.
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