Prevailing wage is a tempting revenue stream for painting contractors, but it can be tricky to negotiate efficiently and profitably. There are plenty of pros and cons to consider before jumping in, and there is a good store of case studies from which one could learn from others' mistakes. Jim Kaloutas of Kaloutas painting in Massachusetts talks about how he built his business on prevailing wage opportunities, and how he learned to be a bit more selective over time.
In this training, Tom Reber, business coach at The Contractor Fight, shares three uncommon and sometimes unpopular strategies that will create more profit in your business in the next 60 days.
Want to learn how to create a financial plan to increase your profits in 2018? Linnea Blair from Advisors On Target joins us to discuss how you can increase your profitability and see new growth in the coming year!
Charles Schultz and Matt Haywood from Krilogy Financial help painting contractors think about ways to optimize their retirement planning with a special emphasis on retirement concerns in the painting industry.