TCF808: Your Contractor Pricing Guide

As a contractor, do you often find yourself struggling with pricing your work? Are you unsure how to best answer the question, “How do I price my work?” Then this episode is for you. Today, Tom helps you get the answer by providing your 2023 contractor pricing guide. He provides an overview of different pricing models you can use and discusses the pros and cons of each model.   Conversation Highlights: [00:00] - Intro - Your contractor pricing guide [01:16] - Fixed price contract [02:55] - Pros and cons of fixed price contract [06:32] - Unit price contract   [07:02] - Pros and cons of unit price contract [08:40] - Cost-plus contract [10:06] - Pros and cons of cost plus contract [10:21] - Time and material contract   [10:49] - Pros and cons of time and material contract [12:13] - Tom’s preferred model [13:55] - 50% Gross Profit pricing tool Resources: ============== 💰 You didn’t become a contractor to struggle financially. Download our worksheet and start calculating a 50% gross profit on every job. It’s time to get your shit together! https://thecontractorfight.com/50/  ============== == 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  == 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