Everyone who works as a contractor has to deal with scope creep. It means that the scope of a project is slowly changed or added to, usually without proper approval or paperwork. This can make things more expensive, take longer, and create frustration for both the contractor and the client.

In this episode, Brad talks about:

• Factors leading to scope creep
• Detailed scope of work in estimates.
• Identifying red flags in client communication.
• Charging fees for change orders.
• Direct communication with clients about additional work.
• Padding estimates for unforeseen circumstances.

Links to Resources:

Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.

A complete Done-With-You Program - Join the Profit Club

Join the Free Facebook Group - The Contractor Profit Blueprint

Get Paid for Estimates - Free Sales Guide

Plan Your Profits - Profit Journal

Help us get the word out to other contractors by leaving us a review or sharing our podcast!

Hosted on Acast. See acast.com/privacy for more information.

Accept the strength of being weak. Being vulnerable helps us connect with others more deeply, which leads to more kindness and understanding. It also lets us be who we are without worrying about being judged or rejected. Being open and honest about our real feelings and emotions with other people takes a lot of strength. We can break down barriers and build stronger, more meaningful ties with the people around us if we are willing to be vulnerable.

In this episode, Brad talks about:

• The old-way of sales process involving time-consuming estimates and deadbeat clients
• Introduction to the new Profit Sales System for efficient pre-qualification
• Importance of asking calibrated questions during discovery calls
• Charging for on-site consultations to filter out serious clients
• Benefits of saving time and focusing on high-value projects

Download the "No BS Guide to Pre-Qualifying People" for effective pre-qualification

Links to Resources:

Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.

A complete Done-With-You Program - Join the Profit Club

Join the Free Facebook Group - The Contractor Profit Blueprint

Get Paid for Estimates - Free Sales Guide

Plan Your Profits - Profit Journal

Help us get the word out to other contractors by leaving us a review or sharing our podcast!

Hosted on Acast. See acast.com/privacy for more information.

People and business owners alike often think of their tax bill as one of their biggest costs. As a contractor or small business owner, you should know how to save money on taxes, stay away from common mistakes, and get your business off to a good start.

In this episode, Brad and Melissa from Busy Bee Advisors talk about:

• Importance of tax planning and bookkeeping for contractors
• Five essential questions to ask a tax preparer
• Why the tax system is rigged and what can be done about it
• Checklist for new business owners on setting up books and entities
• The benefits of different business entities

Connect:

Schedule a consult with Busy Bee Advisors

Instagram account of Busy Bee Advisors

Facebook account of Busy Bee Advisors

LinkedIn profile of Melissa Broughton from Busy Bee Advisors

Book Recommendations:

Atomic Habits by James Clear and Penguin Audio

Blue Ocean Strategy by W. Chan Kim & Renee Mauborgne

Links to Resources:

Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.

A complete Done-With-You Program - Join the Profit Club

Join the Free Facebook Group - The Contractor Profit Blueprint

Get Paid for Estimates - Free Sales Guide

Plan Your Profits - Profit Journal

Help us get the word out to other contractors by leaving us a review or sharing our podcast!

Hosted on Acast. See acast.com/privacy for more information.