Contractor Cuts

In this episode of Contractor Cuts, we dive into the challenges and pitfalls contractors face when taking over another contractor's job after the client has fired them. While these jobs may seem like a quick opportunity for easy money, they can often lead to unexpected problems and headaches. But with the right approach, taking over these jobs can be a smooth and successful process. We'l...

In this episode of Contractor Cuts, we tackle a crucial aspect of contractor-client relationships: communication. Miscommunications can easily derail a project, causing frustration and disappointment for both parties. But with proper communication, you can avoid these issues and build trust with your clients. We often rely on phone calls and text messages as our primary forms of communication, but...

This week on Contractor Cuts, we explore how one day can make a lasting impact on the success of your contracting business. With busy schedules, it can be difficult for contractors to find time to focus on the long-term growth of their company. However, taking a day to create processes, evaluate strengths and weaknesses, and set long-term goals is an investment in the future success of your busine...

In this episode of Contractor Cuts, we're tackling a critical issue for contractors: how to generate business effectively, especially during slow periods or when starting a new division. We have the answer: The Grind List. This powerful tool consists of six proven strategies that will help you stand out from the competition and secure new clients. The Grind List has been tested and refined by...

In this week's episode of Contractor Cuts, we dive into a topic that every contractor should be aware of: how to survive a recession. When the economy takes a downturn, the demand for residential remodels often decreases, and homeowners prioritize saving money over home improvement projects. If this is your primary market, it's time to wake up and realize that your company is not immune...

Get ready for the ultimate guide to recession-proofing your contracting company! This week, we launch a three-part series on how to ensure your business survives and thrives, even during tough economic times. The past few years have been profitable for many contractors, but with a recession on the horizon, it's time to take a closer look at your business model. To start, we'll examine th...

Are you looking to take your contracting business to the next level? Then don't miss this week's episode of Contractor Cuts! In this episode, we dive into the three essential ingredients for growth in the contracting industry: industry knowledge, replicable processes and procedures, and scalable organization. Incorporating these elements into your business can help you achieve sustainabl...

In this episode of Contractor Cuts, we dive into a common issue faced by contractors: working with friends and family. While these jobs may seem like the easiest to land, they often turn out to be the hardest to manage. Early on in the growth of your company, it may be necessary to take these jobs to keep money coming in, but it can put a strain on your relationships and lead to misguided expectat...

In this week's episode of Contractor Cuts, we delve into the importance of maintaining strong relationships with quality subcontractors. As the pool of available workers continues to shrink, it's vital to keep good subcontractors happy and motivated to ensure growth for your company. However, many issues can arise if you're not treating your subcontractors with respect and fairness....

As a contracting company owner or GM, you wear many hats and perform a variety of tasks to keep your business running smoothly. But while tasks like financial management, payment collection, and communication are essential to your company's success, they don't directly relate to your job site. That's why it's crucial to delegate these responsibilities to an office manager. When...

This week on Contractor Cuts Podcast, we dive into a critical aspect of running a contracting business: how to pay your labor. The guys discuss why relying on daily/hourly labor can be a recipe for disaster, especially as you scale your company. While paying this way might work when you're closely supervising your subcontractors on job sites, it becomes increasingly difficult to manage as you...

Starting a construction company can be exciting, but it's also important to think ahead to future growth. When you're first starting out, it may seem like you can handle everything on your own. But as soon as you bring on your first employee, you'll need to have systems in place to ensure everything runs smoothly. That's why it's crucial to start implementing processes tha...

In this episode of Contractor Cuts, we dive deeper into our series on estimates with a focus on using your desk estimate to create an efficient site estimate and provide a great experience for your client. With a solid outline of what the client is expecting for their job, you can concentrate on building a relationship with them, rather than just taking notes. This approach has proven to be a game...

In this two-part series of Contractor Cuts, the guys dive into the intricacies of the estimating process. With over 16 years of experience running a general contracting company, they share their proven method for creating winning estimates that impress clients and streamline the process for project managers. In Part 1, we'll cover the critical first steps of the estimating process, starting w...

Leadership as a contractor extends beyond just managing your employees. It also involves leading your subcontractors and clients on job sites. To gauge the effectiveness of your leadership, take a look at your company culture. If you struggle with a positive and motivated work environment, it could be due to three common issues: a lack of clear business structure, an unclear vision, or a lack of s...

"Nightmare Clients" are a common challenge in the contractor industry, but it's important to remember that there are two sides to every story. As a contractor business owner, your reputation and financial success is on the line in these situations. Don't let a difficult client jeopardize your hard-earned reputation and profits. In this week's episode of Contractor Cuts, ou...

In this week's episode of the podcast, we tackle a topic that many business owners face at some point: borrowing money. While it's generally best to avoid debt, there may be situations where taking on a loan or credit is necessary to secure more work or bail out your company. If you do find yourself in this position, it's crucial to be fully informed about the type of loan or credit...

Looking to secure a comfortable retirement as a contractor? Join us on this week's episode of Contractor Cuts, where we explore three proven methods to achieve this goal: saving up enough cash, selling your company, and building a business that runs without you. While saving up cash is the most common method, it is also the riskiest. On the other hand, the second and third methods offer more...

In this episode of Contractor Cuts, the guys dive into the reasons why many contracting companies don't succeed with ProStruct360. Over the years, they have coached countless businesses, and they've noticed a pattern among the unsuccessful ones: they're looking for a quick fix instead of committing to the hard work of changing their approach. Implementing and customizing ProStruct36...

In this episode of Contractor Cuts, we delve into the all-too-common issue of risky hires. It's not uncommon for contractors to overlook potential flaws in a new hire, lured by the promise of increased profits. But if you don't have proper training processes in place, or a systematic approach to interviewing candidates, you're setting both your company and the hire up for failure. E...

In this episode of Contractor Cuts, we're discussing how being highly detailed in everything you do can help increase your reputation and money as a contractor. Whether it's writing accurate estimates, composing thorough client emails, or creating comprehensive work orders, being detail-oriented is essential for success in the industry. By sending a well-detailed email after your site es...

The past few years have brought challenges for contractors, including material inflation caused by the global pandemic and conflict. It can be tough to estimate job costs months in advance only to find that prices have risen significantly by the time work is ready to start. But don't worry, there's a strategy that can help limit frustration for both you and your clients. Join us for this...

Ready to take your business to the next level by stepping out of the labor and into strictly project management? This week's episode of Contractor Cuts is for you! We'll cover the key steps you need to take to make this important transition, including maintaining clear financials, being willing to let go of control, landing more jobs, and effectively managing your employees. Our expert h...

In this episode of Contractor Cuts, we tackle a common challenge faced by contractors: dealing with difficult clients. We've all experienced angry, demanding, or unreasonable clients, but there is a simple solution to diffuse these situations before they escalate. The solution is the "Closed Loop Theory," which states that when a client has a question or expectation about their job,...

In this episode of Contractor Cuts, we delve into the various options for who should be responsible for purchasing materials for a project. With the three main options being the contractor, the client, and the subcontractor, it can be challenging to know what the best choice is. That's why we've put together a comprehensive analysis of the pros and cons of each option. Our expert hosts w...