037 Fixed vs T&M vs Cost Plus

Summary In this conversation, Joe and TC discuss various pricingstructures in the construction industry, including fixed costs, cost plus, and time and material pricing. They share personal experiences and insights on the advantages and disadvantages of each method, emphasizing the importance of transparency and ethics in contractor-client relationships. The discussion highlights the value of expertise and knowledge in determining fair pricing and managing client expectations throughout remodeling projects. construction, entrepreneurship, project management, laborer, carpenter, business ownership, professional growth, Remodel, Remodeling, Renovation, Residential Remodeling, home renovation, home improvement, kitchen, kitchen remodel, bathroom, bathroom remodel, basement, basement remodel, demolition, painting, flooring, cabinetry, plumbing, electrical, tiling, carpentry, hardwood floors, tile flooring, countertops, general contractor, Design Build, Design, plumb perfect builders, plumb financial