In this episode, Tyler talks about why he stopped marking up subcontractor quotes and started charging a dedicated management fee instead. He shares how this shift helped him finally make money managing subs, offering a blueprint for small contractors to treat their time with the value it deserves.

Show Notes: 

Managing Subcontractors: The Secret to Profitability (0:00) The Evolution of Subcontractor Management Fees (2:16) The Importance of a Separate Management Fee (5:36) Examples of Markup and Management Fee Calculations (8:27) Justifying Higher Prices to Clients (15:53) The Role of Marketing and Sales in Small Contracting (16:11) The Future of Small Contracting (23:55)

 

Video Version:

https://youtu.be/xCrmi-5-hn8

 

Partners: 

Andersen Windows

Buildertrend

Velux

Harnish Workwear 

Use code H1025 and get 10% off their H-label gear

 

The Modern Craftsman:

linktr.ee/moderncraftsmanpodcast

Find Our Hosts: 

Nick Schiffer 

Tyler Grace 

Podcast Produced By:

Motif Media