How To Find Subcontractors & Keep Your Pricing Updated
Manage episode 453269614 series 3385001
What if you could transform your contracting business by mastering the art of finding and managing subcontractors effectively? On Contractor Cuts, we explore the pivotal moments when it's time to seek new crews, focusing on key indicators such as rising costs, trust issues, and business growth. This episode promises to arm you with the knowledge to proactively address these needs, steering clear of those dreaded last-minute scrambles. We delve into practical strategies for sourcing subcontractors, harnessing technology for pricing precision, and crafting comprehensive bid packets that attract the right talent. You'll gain insights from our experiences to help you build more efficient and successful subcontractor relationships.
Choosing the right vendor isn't just a task—it's a strategic move that can define your project's success. We dissect the nuances of vendor selection, from the strategic choice between hiring a professional company versus an independent contractor, to the timing and tactics of establishing solid vendor relationships. Our discussion touches on the common pitfalls contractors face, like unwittingly becoming a middleman, and underscores the importance of leadership and communication in building powerful, all-star teams. Packed with actionable advice on organizing and preparing for vendor meetings, this episode equips you to seamlessly manage projects and foster growth in your contracting business.
Struggling to grow your contracting business? The Foundations Program is designed to help contractors break free from the chaos and build a business that runs smoothly. You’ll get a customized training program, 1-on-1 coaching, and access to a full paperwork database—including contracts and the Client Engagement Agreement. Join the Foundations Program today! 🚀
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Chapters
1. How To Find Subcontractors & Keep Your Pricing Updated (00:00:00)
2. Finding Subcontractors in Contracting Business (00:00:01)
3. Effective Vendor Selection Strategies (00:08:58)
4. Building Vendor Relationships for Growth (00:18:53)
138 episodes