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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
By Modern Craftsman4.8
11301,130 ratings
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

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