Compare Bidding Models for Snow Plowing
At 0:29 in
How to Make a Killing SnowPlowing
What happens here
The video delves into comparing two common bidding strategies: lump sum (or per-time) and hourly rates. The narrator explains that while larger operations might typically operate on an hourly basis with multiple pieces of equipment and operators, focusing on 'one-off' lump sum jobs allows the contractor to work solely for one property owner on a single site. This eliminates the need to travel between multiple sites or manage complex schedules, thereby increasing efficiency and profitability. It's acknowledged that working directly for property owners on these terms carries a higher risk of payment issues, but also offers a potentially greater financial reward.
Goal: Understand the advantages and risks of lump sum versus hourly bidding for snow removal contracts.
Tools and materials
- Pick-up truck with snow plow — Illustrating efficient snow removal for a single property
- Western MVP3 snow plow Western — Performing snow plowing
What they say
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What they say
(1,222 characters)Auto-generated from the video audio.