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#1 |
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Pro
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145
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Partnering Up For A Bid
Hi. I was recently offered a sizable res. exterior. The mother of a good customer wants her house prepared and stained 2 coats acrylic. Painting weather is getting tight and I only have one helper so I was thinking about splitting job with another painter. Bad idea? I am insured in full and he has none. I am also faster and more experienced but he is a strong worker and good on ladders. 65/35 split (minus insurance, one worker, materials) seem fair? Or am I screwing myself?
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#2 | |
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Pro
Trade: Painting Contractor
Join Date: Dec 2004
Location: Toronto
Posts: 1,836
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Re: Partnering Up For A BidQuote:
__________________
Toronto Painters Commercial Painting Commercial Painting Toronto Toronto Office Painters Painting Toronto Blog |
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#3 |
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DGR,IABD
Trade: Electrical; Commercial and Residential Service
Join Date: Mar 2005
Location: Central PA
Posts: 9,680
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Re: Partnering Up For A Bid
I continue to believe that strategic alliances are a good idea. I have not been able to overcome how such an alliance would be structured. For now, George's suggestion of subbing out a defined portion for a defined amount is the safest bet.
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#4 |
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...jammin
Trade: Rock Disciple
Join Date: Jun 2005
Location: Cape Cod, Massachusetts
Posts: 5,235
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Re: Partnering Up For A Bid
I also agree with the "Z"
This might not be a good project for a test of how well a partnership with this person works It's definitely safer to sub a defined portion of the job to him It's getting kinda late If you need an extra hand to button that puppy up, let me know |
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#5 |
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Pro
Trade: Painting Contractor
Join Date: May 2006
Location: Mass
Posts: 687
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Re: Partnering Up For A Bid
have Slick help ya..... then come back and tell us all about him...ha ha
Honestly.... not a bad idea with a small job, but being the time of the year.....you don't have any elbow room for mishaps....so I would rather see you get help from Slick..honestly. |
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#6 |
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Pro
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145
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Re: Partnering Up For A Bid
Thanks. I'll let you know Slickshift. Wouldn't be until late next week if the start-up evens happens at all this year.
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#7 |
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Pro
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Re: Partnering Up For A Bid
Now I am confused. Have read many many posts in these forums about subs, ins, etc. So you guys would sub part of this out to someone with no ins.?
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#8 |
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Pro
Trade: painting and carpentry
Join Date: Jul 2006
Location: Maplewood, NJ
Posts: 186
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Re: Partnering Up For A Bid
ooh good question, but I don't know the answer.
Seems like the insurance would only cover that sitch if the guy was an employee, right? EDIT: I just added nothing to the conversation. Sorry. |
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#9 |
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Pro
Trade: Plastering, Drywall, Painting, Woodworking, Stucco
Join Date: Jun 2006
Location: South Eastern Michigan outside of Detroit.
Posts: 1,592
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Re: Partnering Up For A Bid
My Brother and I work together and I pay him 30% all he has to do is show up. But to pay someone 35% and then charge for Workers comp. liabilty ins. Why not just hire him as a worker and pay him $12.50 an hour. and no benefits.
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#10 |
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Pro
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145
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Re: Partnering Up For A Bid
$12.50 an hour. I don't know any experienced painters who would work for $12.50 an hour here. Heck, you can go down to the beach and dig clams and make more than that here. I
I've known this painter for 10 some years (I can trust him). Trust is very important to me because I'm in these huge houses with lots of valuables close by. So important that to date I've hired no-one I didn't grow up with or is close to my family. I've begged him to get insurance so I could do these deals with him more often. Don't know why he won't get insurance and raise his labor up to compensate. |
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#11 | |
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Pro
Trade: Carpenter/Painter
Join Date: Apr 2006
Posts: 440
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Re: Partnering Up For A BidQuote:
Ya ,slick and I will just do the job for ya and if she pays us the full amount, we will flip ya a finders fee.....
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#12 |
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Pro
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145
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Re: Partnering Up For A Bid
Thanks Downeast but I think I am probably gonna push this one off until spring unless she lets me do it piecemeal.
btw- what is finder's fee % anyhows? |
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#13 | |
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Pro
Trade: Carpenter/Painter
Join Date: Apr 2006
Posts: 440
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Re: Partnering Up For A BidQuote:
Thats when you flip someone some cash for hooking you up with a job/contract. But there is always an excuse in the end as to why they cant pay. Customer held back, didn't pay in full. So that come out of the finders fee.....
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#14 |
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Pro
Trade: Painter
Join Date: Sep 2006
Location: Cape Cod, MA
Posts: 145
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Re: Partnering Up For A Bid
So... a finder's fee same as a "kickback?"
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