Upfront Pricing Isn't Magic, It's Science and Consistency

EPISODE · Oct 8, 2019 · 43 MIN

Upfront Pricing Isn't Magic, It's Science and Consistency

from The Site Shed | Systems, Strategy and Growth for Tradies and Contractors · host Matt Jones - Trade based business enthusiast

Part One – Upfront Pricing Isn't Magic, It's Science and Consistency Series: Getting Paid On Time and On-Site Guest: Marcel Donnelly from Flat Rate NOW   Tradespeople should receive payment for their hard work on time and on-site, just like every other job. Sometimes, work is contractual, and money is distributed over a specified period. However, essentially, you should be getting paid once your work is done. It’s that simple.   In this series, Marcel dives into the fundamentals of getting paid. For our first episode, it’s all about upfront pricing—it’s science and consistency. How should you set up your company, so you never have to worry about chasing bills? With upfront pricing, you can reduce huge overheads in expenses and chasing debts and, at the same time, cut all your personal, business, and financial stress.   If you are interested in pricing and getting paid for your time and work, you may also like these episodes: TSS087 – Getting paid for bids, quotes, and proposals – [LINK] TSS095 – Does your business suit flat-rate pricing? – [LINK] TSS172 – Stop Working For Free, Time Is Money – [LINK]   About this podcast, ‘Upfront Pricing Isn't Magic, It's Science and Consistency’ Podcast Highlights: 01:58 – The issue of pricing for tradespeople 06:04 – No cash flow: receiving payments at the end of the job is not ideal 07:35 – Getting paid for quotations, proposals, and estimates 10:20 – Importance of letting people understand the actual costs and building a price that encompasses all expenses 13:13 – Finding the technology and having the right conversations with the right people 17:20 – Reducing labour and overtime 18:25 – Money and stress; Leveraging your resources for pricing 22:13 – Addressing resistance from clients 29:17 – Upfront pricing model: building processes and standards, giving your customers a choice 36:53 – More on the science and consistency of upfront pricing   Starting off the series, our guest Marcel Donnelly talks to us about the science and consistency behind the upfront pricing model. Receiving payments for tradespeople has been an issue i Your Next Step:Join Tradie Academy, our free community packed with templates, checklists, and resources shared by podcast guests, coaches, and successful tradies.👉 Join free and grab your next growth tool here: https://tradie.wiki/podFollow The Site Shed:Facebook: The Site ShedInstagram: @thesiteshedLinkedIn: Matt JonesWebsite: thesiteshed.comYouTube: @TheSiteShedIf you enjoyed this podcast and the series, please take 5 minutes to leave us a review:⭐ https://lovethepodcast.com/TheSiteShedLove the audio version of this podcast? Subscribe to the link below:⭐ https://followthepodcast.com/TheSiteShed

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Upfront Pricing Isn't Magic, It's Science and Consistency

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