Analyzing Hourly Bidding Strategies
4:54
22:19
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At 4:54 in
How to run a Snowplow Business: Red flags, pricing systems and what not to do...
What happens here
The host explains hourly bidding, highlighting its benefits during heavy snow years but its insecurity for contractors during light snow years ("No Snow = No Dough$$"). He warns that customers may push back against hourly billing due to unpredictable costs and advises prompt invoicing (within 2 weeks to a month) to avoid collection issues, citing a personal experience of losing $10,000 when payment was delayed until snow melted.
Goal: Understand the risks, benefits, and best practices for implementing hourly snow removal contracts.
What they say
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What they say
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