Just watched the breakthrough academy interview 😳. Can't wait!!

@PaintingBusinessPro

Жыл бұрын

Awesome 💪

Very good info.👍👍👍

@PaintingBusinessPro

Жыл бұрын

💪

I had 2 clients last year in Denver NOT go with us (very rare) because we used some subs, they were scared off by a competitor whom told them employees are insured but subs are not. My subs are all insured.

@PaintingBusinessPro

Жыл бұрын

That concern should be something you can effectively handle in the sales process, but even if you did lose a couple jobs it’s totally worth all of the benefits.

@backtoconstitution1

Жыл бұрын

@@PaintingBusinessPro are you open to hands on consult and provide feedback on a painting and drywall company for a fee? We grew too fast and things are getting out of hand

@ChristianWood28

Жыл бұрын

@@backtoconstitution1what a blessing ✨

His advice can't be broken but reality is it takes a VERY VERY LONG TIME to get to that level!!! To get anyone to do good work and be reliable and treat your customers like their own is extremely difficult in this day and age!!! Ask me how I know 😢😢😢

@maxsolorio2329

Ай бұрын

Yes, I agree… don’t get me wrong he is giving amazing advice but I just think people don’t realize how difficult this really is, in my area I have had problems where I’ll hire a sub contractor under a contract and everything and would try to take my costumer away

@Drew_Warner

Ай бұрын

I manage a 3 million dollar a year painting company with over 500 5 star google reviews, and we have 40 quality subs that we can use at any time. We meet with 5 new crews a week, and met with 360 crews last year. Just gotta put the effort in.

@alfonsomorteo1740

Ай бұрын

@@Drew_Warner Hi Drew! just saw your comment here i wanted to ask if you have any advice on what to include in the contract. Thank you

@J7C3B

27 күн бұрын

How do you know?

THIS IS GOLD!!!!

@PaintingBusinessPro

8 ай бұрын

Ya!

great video

Any advice on subcontracting for property management in NYC

Great video! What percentage of the job do give to the subcontractors I have growing painting business and definitely want to start subcontractoring more jobs out

@PaintingBusinessPro

Жыл бұрын

A good rule of thumb is 50% for labor and materials. But you need to be charging enough on your price to the customer so that 50% is an attractive dollar amount. And you need it to be 50% to have the extra margin to grow your business and earn a profit after all the other expenses.

Painting business pro would be an amazing acquisition if you ever want to sell it, lmk!

Should I have subcontractors on the side before finding my first work or do I hire them after finding work.

@PaintingBusinessPro

8 ай бұрын

Find the work then find the crews. They aren’t all that interested in talking to you unless you have work for them asap

I'm following your model and got my LLC and EIN, but I'm having issues finding an insurance provider that covers 100% of the work being done by subs. Do you have any input on that?

@PaintingBusinessPro

18 күн бұрын

Shoot me an email for a referral. Eric@paintingbusinesspro.com

Great video, so we first look for subcontractors and then go looking for clients? what if we find a client first but havent looked for subcontractors yet?

@jakubchase4821

3 ай бұрын

Pretend you are busy and always schedule min 1 month ahead. Better to do the job you promised than to commit without a way of fulfilling the contract.

@fortheculture718

Ай бұрын

@@jakubchase4821golden reply thank you I had the same question

As an estimator for 8 years, more and more I have people asking me if we have workers comp on our guys. If you're using subcontractors, how do you get around this? A homeowner hiring a painting company that uses subcontractors doesn't realize that they (the homeowner) have now become the employer, and are liable if anyone gets hurt on the job. And no, homeowners insurance does not cover on this type situation.

@RobinSingh13261

8 ай бұрын

Waiting for response. Great question

@PaintingBusinessPro

8 ай бұрын

It varies state to state. There are always ways to make sure that you and the customer are protected. Some states you have to get more creative than others. I would definitely make sure to set it up right.

@danielsullivan7381

8 ай бұрын

Not really satisfied with that answer from painting business pros. Here’s the tough part. If a subcontractor is gonna have Worker’s Comp. and all his guys he’s not gonna be at a price it where you as a contractor can make money off him. I’ve been in this game a long time. They have a lot of good stuff on here but the bottom line is it’s a ton of work to have a profitable business on any sort of scale. It is your main thing in life.

@danielsullivan7381

8 ай бұрын

Running a painting, business or any other business on any type of scale is super stressful and frustrated. That’s why these guys are selling courses, etc. Because the guy that made it painting big time realized how hard it was and the easiest way to make money is it sell people the way to make money.nothing against painting business pros but come on man. If we’re easy, they would just keep doing it and not worry about selling courses etc..

So when you say you pay them well. I guess your giving them a flat rate for the job. What would be a good pay per Hour to get to that flat rate? Just wondering. $40 or 45?

@PaintingBusinessPro

Жыл бұрын

It depends on how efficiently they paint. The answer to your question is basically a ‘how to estimate’ question. I would check out those videos for at least the fundamentals.

@haroldsalcido7735

Жыл бұрын

​@@PaintingBusinessProok, thanks. I will check them out.

@haroldsalcido7735

Жыл бұрын

​@PaintingBusinessPro I checked out a couple videos. You mentioned in one $20 an hour to a fast Painter at a flat rate he can make $30 an hour. Maybe maybe not. Depends on prep work. Also, wether he paints slow or fast he still only gets a flat rate. So haven't heard what would be a good rate for subcontractor.

@tonikleo7626

Жыл бұрын

Sub usually works per job not per hour. 60/40

@hattrick257

10 ай бұрын

@@haroldsalcido7735you estimate hours in jobs at 20-30 per hour, however it’s an estimation. A good subcontractor gets things done efficiently and under the time you estimate. This making more than 30 an hour, also they pay their guys less than that. So it all balances out.

Brother do you have any examples of some contracts for subs?

@PaintingBusinessPro

18 күн бұрын

Shoot me an email. Eric@paintingbusinesspro.com

I'm assuming you need their ss # to hire them as subs?

@franciscoblanco10

Жыл бұрын

My understanding here in california is this: If you hire a sub, you still need to make a contract and they need to provide you with their,, EIN, General Liability, if they're going to have workers doing the job, they need to have workers compensation in case something happens. A sub that has everything won't be cheap. That's my opinion but I would like to learn more about this. Thanks !!😊

@PaintingBusinessPro

Жыл бұрын

Subcontracting should always be subcontracted to a business, not an individual. So you would have them fill out a W9 form, a contract for working with you, and collect their insurance and in some cases workers comp or license. At years end you issue them a 1099 (accountant does this).

@baloneynoodles2.0

10 ай бұрын

So do you think this will.or won't work in California

Can I make my subs use “MY” shirts? Can I put that in the contract? Or by using my company shirts does that make them employees? 🤷🏻‍♂️

@PaintingBusinessPro

5 ай бұрын

It's a little bit of a gray area. We just make sure to provide them with really nice and comfortable stuff. And since they love us, they wear our stuff.

@Nottoday3033

5 ай бұрын

@@PaintingBusinessPro gotcha. Also, I live in a 90% residential market. Almost all homes here are owned by the average person. Toyotas and Nissans in their driveway. One story single home ranging around $250k- $350k. Should I stay here and try to open my business here? Or should I be looking more for the “Audis, Mercedes, Land Rover, Lexus owners?”

@MrNick-

4 ай бұрын

@@Nottoday3033 go where the money is.

@DavidGurrney7589

4 ай бұрын

@@Nottoday3033 The more money they have the more they don't WANT TO GIVE YOU!!! Ask me how I know 🧐🧐🧐🧐

NEVER EVER POST ON CRAIG'S LIST!!! Unless you want drug addicts, stranger who do 💩 work and are not reliable!!! Ask me how I know!!!