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SUBCONTRACTOR Agreements! ► How WE Split PROFIT And Work Together On Job Sites

Subcontractor definition: A subcontractor is an individual or in many cases a business that signs a contract to perform part or all of the obligations of another's contract. ... The incentive to hire subcontractors is either to reduce costs or to mitigate project risks. So overwhelmingly the most popular question I've been receiving over the last season and even the last few months, was HOW do Mike, Brandon and myself work together. How do we decide who keeps the profit on a job, how we do we hire each other out and not destroy friendships over MONEY. Very simply, in the beginning of the season, we created individual contracts and subcontractor agreements to determine our costs between each of our companies. Although handshakes are cool, it's always good to have formal agreements between friends and companies to help communicate expectations when doing work together. Lamens answer: how do we pay each other? We had an itemized break down on almost every task that could come up during the summer, that we may need to hire each other out for. If I needed Mike to make a 10 yard mulch delivery for me with the F350? XX Rate. If I needed to sub out Mike to mow lawns for me for the day, we had a set rate per hour for him and the rig. If Brandon needed Mike to bring his JD Tractor for a landscape install, we had a set rate for the tractor for the day (or half day). We had everything spelled out in each contract, so we knew what the cost of each person, task, or equipment was going to be. THEN we were able add those costs into the rest of the job costs, ie materials, expertise, hours, labor, DESIRED PROFIT, and then come up with our numbers to present bids on work. I will say this, the reason most friendships and business relationships fail is generally speaking, DUE TO MONEY related discussions. PLEASE, be mature when doing business with friends. Have solid agreements in place so there is NO (or significantly LESS) awkwardness when hiring each other. The last thing you need to do is lose friendships over a few hundred bucks. Take some time, before the craziness of the season, and work out rates between each others companies if you decide to work with friends. You can ALWAYS trade services, labor, etc. But the point of these is to at least have something to fall back on so each party involved can know their costs, know the costs of hiring each other, and keep it simple when tacking jobs all year. Hope this helps you guys out! Mike is selling his subcontractor agreement contract (and the rest of his contracts) on his new website and platform called thedebtfreelandscaper.com Get the document here: https://tinyurl.com/y8pjsaat Mike's Channel The Debt Free Landscaper: https://tinyurl.com/yd89gd8u He's made them very affordable for the lawn community, and helped make them available for you guys who want to polish up the back end of your business. They're the same programs and contracts I've instated in my business since fall of 2017. Check them out! PS, of course Brians10 works there. Lol.. If you guys found this one helpful, shoot it a big thumbs up, and leave me a comment down below if this is something you may plan to use in 2019. Keep Up With Us! ► Subscribe To Our Channel: http://tinyurl.com/jjtlsb8 ► Smash The Bell To Be Part Of Notification Squad! ► Follow Us on Instagram: http://tinyurl.com/jbf9y7p Want To Send Us A Product Or Piece Of Equipment To Review? Email Us: [email protected] *Brian's Lawn Maintenance is powered by Yardbook.com* Hope you guys are enjoying the videos and the channel. It’s awesome getting to create content for you guys. I truly hope our videos entertain and provide benefit to you guys with your businesses. If you’d like to support our channel, the best way to help us monetarily is by using our affiliates links and purchasing your gear online with us through our online partners. Don’t forget to save money with our promo codes down below as well! Thank you again in advance for the support. **NEW MERCH!** Lawntrepreneur T-Shirt and More! https://teespring.com/stores/brians-l... **Visit Our New Amazon Affiliate Store!** https://www.amazon.com/shop/brianslaw... Where We Get Our Contracts For Lawn/Landscape/Snow www.DebtFreeLandscaper.com (Brians10 Saves 10%) Our Affiliate Partners: www.EquipmentDefender.com (Brians10 Save 10%) www.KujoYardwear.com (Brians10 Save 10%+Free Shipping!) www.ISOTunesaudio.com (Brians10 Save 10%) www.Sprayers-Plus.com (BriansLawn3Ship) (Free Shipping) www.VoltHeat.com (Brians10 Save 10%) www.ProvenLocks.com (Brians10 Save 10%) www.FenceArmor.com (Brians10 Save 10%) ______________________________________________ Thank you for watching! If you enjoyed this video, please shoot it a big Thumbs UP and LIKE! If you haven’t done it already, make sure you SUBSCRIBE! That way you can get the latest and greatest when our newest videos release!

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