I am looking to bring on a sub-contractor. I have ~18 accounts, maybe 2 days of mowing (8+ hours of blade spinning + travel). My schedule is just too busy to take on the accounts this year. I have had the customers for three years mostly. Have to turn down several each year because I'm too busy.
I am going to offer 80% of the bill rate. For these accounts, the subs take would be ~$400. The sub invoices me monthly at the end, I pay at the end of the month, within 10 days or so.
I handle the cash float, billing, sending in sales tax, any marketing, etc. The sub carries insurance, pays for damages, and handles all of the help. I also have insurance.
Is this a good deal for the sub? Or will they think I'm taking too much?
Any takers?
I am going to offer 80% of the bill rate. For these accounts, the subs take would be ~$400. The sub invoices me monthly at the end, I pay at the end of the month, within 10 days or so.
I handle the cash float, billing, sending in sales tax, any marketing, etc. The sub carries insurance, pays for damages, and handles all of the help. I also have insurance.
Is this a good deal for the sub? Or will they think I'm taking too much?
Any takers?
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