Forum Discussion
bedellmgmt
2 months agoJobber Ambassador
I've had a lot of success with time and materials and when asked for a lump sum price, it frequently ends up being inflated in my favor, compared to how time and materials pricing would have played out. The key is to always be profitable - way too many contractors in all trades have too slim of margins, especially after years of inflation compounded.
Narrowing down your client base is a luxury that comes with time and figuring out where the most profit can be made. Keep your "stick on the ice" and keep saying yes to the work that makes you money!!
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