Subing Out Work

 
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Old 06-03-2007, 09:43 AM   #1
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Subing Out Work


I have alot of work right now and I have to sub out some of the work. I have known these guys for a while and have worked with them in the past. What % of the profit should I give them or what is the best way for everyone to be happy??? Thanks

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Old 06-03-2007, 10:36 AM   #2
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Re: Subing Out Work


Quote:
Originally Posted by EarthShine View Post
I have alot of work right now and I have to sub out some of the work. I have known these guys for a while and have worked with them in the past. What % of the profit should I give them or what is the best way for everyone to be happy??? Thanks

i like 57% for sub they buy paint and have ins, 43% for company.

some like 60 40
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Old 06-03-2007, 10:39 AM   #3
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Re: Subing Out Work


I do 70 30 split myself
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Old 06-03-2007, 02:57 PM   #4
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Re: Subing Out Work


Thank you very much that will help out.
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Old 06-03-2007, 10:20 PM   #5
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Re: Subing Out Work


So, I am looking at this from the other side. I am lookming at subing from my brother-in-law and need a little more detail. At 70/30, the primary gets 30% and the sub gets 70%? Is the split at the net profit after material costs? Does the primary provide materials? would 10%-15% of the gross contract with me buying materials be a good/bad deal for both sides rather than working off of the net?

Thanks!
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