TCF739: How to Bid a Paint Job

In this episode, Tom walks through how to bid for interior painting projects. He explains why your price may be higher or lower than your competition's and shares some important considerations for estimating projects in the painting business.   Conversation Highlights: [00:00] - Introduction [00:33] - Identifying leaks in your business [02:25] - Pricing strategies in the construction industry [03:09] - Scientific approach for pricing [04:30] - The importance of production rates [07:23] - “Take some time and track” [09:44] - Bidding for repainting a 12 x 12 room [13:08] - The art and science of estimating [16:16] - Optimizing productivity through task time management [18:00] - The Fight GPS call   Resources:  == Find out what's holding you back from making more money. Discover the leaks in your business and learn how to fix them with The Fight GPS Call. Visit contractorfight.com/gps   💸 Grab your copy of our FREE Contractors Guide to Spotting Cheap Prospects here: https://thecontractorfight.com/cheap    == Join us in BATTLEGROUND == Everything your contracting business needs in one comprehensive program with three main focus areas: Leadership, Communication, and Numbers. For more info, check out: https://TheContractorFight.com/Battleground    == Get your questions answered and connect with other contractors building stronger businesses in The Contractor Fight: https://thecontractorfight.com/facebook    == Let us help you take your business to the next level. Check out our Foundations Program: https://thecontractorfight.com/foundations/    == Grab the Gear == https://gear.thecontractorfight.com/    == Find Us on Social Media == YouTube: https://www.youtube.com/c/TomReber  Instagram: https://thecontractorfight.com/ig    == Rate the Podcast == Help your fellow contractors find the podcast! Please leave a rating/review!  Apple Podcasts   Spotify