S2 E36 - Q&A Episode: Should You Switch Your Subs to W2 Piece-Rate?

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Beers With Contractors

Beers with Contractors

99 episodes

5 days ago

Welcome to Beers with Contractors. We're cracking a cold one and taking a deep dive into the foundations of your construction business, pun intended, to unearth the strategies, techniques, and insider knowledge that can take your contracting business to the next level. So, grab your favorite beer, pull up a seat, and let's have a chat about the nuts and bolts of the construction industry.

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All content for Beers With Contractors is the property of Beers with Contractors and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Welcome to Beers with Contractors. We're cracking a cold one and taking a deep dive into the foundations of your construction business, pun intended, to unearth the strategies, techniques, and insider knowledge that can take your contracting business to the next level. So, grab your favorite beer, pull up a seat, and let's have a chat about the nuts and bolts of the construction industry.

Show more...

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S2 E36 - Q&A Episode: Should You Switch Your Subs to W2 Piece-Rate?

Beers With Contractors

1 hour 3 minutes 59 seconds

1 month ago

S2 E36 - Q&A Episode: Should You Switch Your Subs to W2 Piece-Rate?

In this episode of Beers with Contractors, Will and Terry tackle a series of listener-submitted questions spanning a variety of crucial topics. They provide advice on handling an old sales team resistant to change, updating and managing employee SOPs, and implementing effective inventory tracking systems. The discussion also covers the intricacies of converting subcontractors to W2 employees and buying out a business partner, with real-life examples and practical tips. They pepper the serious content with light-hearted banter, ensuring a balance of valuable insights and entertainment. Whether you're contemplating shifting your business structure or looking to modernize your operations with AI tools, this episode offers guidance and inspiration.

00:00 Trailer

00:53 Subscriber Shoutouts and Upcoming Episodes

01:43 Terry's New Job and Work-Life Balance

03:24 Employee Training and Retention Strategies

12:03 AI Tools for Business Efficiency

17:02 Hiring Tips and Building a Team

27:25 Updating SOPs and Digital Transformation

33:08 The Importance of Lifelong Learning

33:30 Humorous Banter and Doctor Titles

36:11 Inventory Tracking Challenges

42:15 Dealing with Reluctant Sales Teams

47:17 Switching Subcontractors to W2 Employees

52:17 Buying Out a Business Partner

58:09 Real Estate Opportunism

01:02:34 Conclusion

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