Local Competitor Networking

I’ve had a crappy day today, this made me laugh :joy::joy::ok_hand::ok_hand:

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I just showed my wife and told her you’re the resident grump, she said you sound hilarious and made me screenshot that and send it to her. I’m pretty sure she’s off to make fun of me now. :joy:

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Great, I bet her name is Traci or some other weird distortion. Y’all tend to marry each other and now she is somewhere in the Northwest laughing at me.

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Sorry, we couldn’t understand that plebe speak. Care for a soy latté? :sunglasses:

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You’re a keeper. Welcome aboard.

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Yall are hilarious. @Innocentbystander, @Thom. Made my night.

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@Innocentbystander how do you work out sub contracting others to do work for you? Do you let the customer know it is being subbed out and wont be being done by your company? If somthing happens are you on the hook or is the guy you subbed on the hook?

I’m starting a family in about a month and just started talking to a local washer. I am sending all of my deck cleaning his way currently. If I decide to take a few weeks off i would like to bill it as my company that way im still getting the exposure but also be able to have him complete jobs for me.

Any guidance is appreciated. Thanks

I can’t answer all your questions, but there are IRS rules about who is a sub and who is an employee. There are some definite lines you don’t want to cross in case there is an issue.

Google it, but here is one really important read. https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee

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Don’t be afraid of competition. No one can duplicate how you run your business. Perseverance, honesty and over delivering and you will always have business. Any business you get into it’s always about relationships the faster you understand this the faster you’ll grow. Also by meeting with competitors you can try and all come to a loose agreement on fair pricing across the board. I reached out to my competitors and some were friendly, some not so much. Plenty of business out there don’t worry.

“Only person you’re in competition with is yourself”

Thanks I’ll take a look at it! I just figured if they have their own company they couldn’t be defined as an employee. Thanks!

If they have their own company, it makes it a lot easier to justify their position as a subcontractor. But there are still limitations on the relationship.

Personally, anything I don’t have the time to do myself, get’s a straight referral to one of my competitors. Trying to sub out work is more trouble than it’s worth, imo. You don’t have any real say in how or when it gets done, and you risk your own reputation if they screw something up (even if their insurance covers it, how they handle things might be very different than how you would handle it.) Even simple stuff like being a no-call, no-show to a job could impact your reputation.

I think @squidskc Rowdie has a team he subcontracts successfully, though? Or maybe they are on payroll at this point.

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Good points, doing it on a referral basis sounds like the best/safest idea!

Nope, depending on how you structure the deal they could decide to file with the irs later on to determine if they were an employee or not. One that makes the irs look at you, which is time consuming, not to mention can be really bad if your doing something else wrong. Also, you get to then pay some of their taxes and likely other penalties. Just good to know what your doing and make sure your clear on it.

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Houses I just give away. Apartments are different. I give the dates that they have to be done but they set the schedule and deal with the managers. I f they bill the company directly and go thru their insurance I get 10%. If I invoice the customer and it is under my insurance I get 20%. I don;t sub to anyone that has lettered trucks. Even if the manager knows another contractor is doing the work, I don’t want anyone advertising on my properties. Non of my trucks are lettered. Keeps phone calls to a minimum, especially from tenants who think they can call you about a “missed” spot or other such nonsense.

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:no_mouth:

(Starts shopping online for large white magnets to cover lettering…)

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Lol, you know I’m a firm believer in no advertising

Yessir. :grin:

I was speaking in reference to the condo job I’ve got coming up in a couple weeks. Most of the owners are retired. The idea never occurred to me until you mentioned it, that some of them are probably going to be calling me over every little detail… hence my shopping for big magnets to cover up the lettering on my truck. At least I haven’t got a phone number on it, though.