Fixed Price vs Cost: What You’ve Been Doing Wrong скачать в хорошем качестве

Fixed Price vs Cost: What You’ve Been Doing Wrong

#ConstructionContracts #FixedPriceVsCostPlus #ContractorTips #ProjectManagement #profitmaximization In this episode, we delve into the debate between fixed price and cost-plus contracts in the construction industry. Discover why many contractors are doing it wrong by succumbing to the demands of itemizing quotes and how this could be eating into your profits. We'll explore the pros and cons of each contract type, providing practical advice on when and how to use them effectively to stay in control of your projects and finances. Whether you're a seasoned contractor or just starting out, this video will equip you with the insights you need to choose the right contract type for each job without compromising your bottom line. Don't forget to subscribe for more insightful content on navigating the complexities of the construction industry. 00:00 - Introduction to choosing the right contract type and controlling your business environment. 01:10 - Discussing fixed price contracts and the common mistake of itemizing quotes. 02:40 - Exploring cost-plus contracts and their complexities with client interactions. 04:10 - Advice on when to choose each type of contract and strategies for maintaining control and profitability.