Michael Stone on February 23rd, 2007

Got a call from one of our coaching clients this last week. He related how one of his customers arbitrarily decided to change the payment schedule that was clearly written on the contract. The customer said he thought the payments were more than the work being done and he was going to start holding money [...]

Continue reading: Changing the Payment Schedule – Honor Your Contract

Michael Stone on February 22nd, 2007

A question arose this morning on a call from a contractor. Should you write a contract on all the jobs you do, regardless of the size of the job? The contractor does a wide variety of jobs and some are under $1,000.00
My response: “Don’t write a contract on any job that you can afford [...]

Continue reading: Contracts for Construction Jobs – Even Small Jobs?

Michael Stone on February 16th, 2007

We recently received the E-mail below. The writer was responding to our article “There is No Industry Standard for Pricing”. He seems to be a nice chap, and we exchanged a comment or two. He discusses the world of commercial and industrial construction work.

I don’t know about building houses, but I’ve been in all facets [...]

Continue reading: Set Your Own Price for Construction Work

Michael Stone on February 2nd, 2007

I’ve had a few requests on how to charge for estimates.
If you’ve been in construction sales very long, you’ve met more than a few potential customers who have asked for an estimate, and you learned after a lot of work that they were just shopping. Or, there are the customers who just like to talk. [...]

Continue reading: Charging for Estimates

Michael Stone on February 2nd, 2007

Knowing your cost per lead is important because it helps set your sales goals and advertising budget. As I’ve talked about many times, you need goals, and ideally, company goals and projections for the coming year are established between November 15 and December 31.
You need to know how many leads come in. First, set the [...]

Continue reading: Calculate Your Cost Per Lead