Subcontractors or Employees: What’s The Better Model?

To learn more about Breakthrough Academy, click here: https://trybta.com/EP294 Take our five minute quiz and get a custom Contractor Growth Scorecard: https://trybta.com/DL294 On the surface, a subcontractor model seems like a good idea. That’s what Red Branch Construction business owner Jacob Toler thought. Higher margin, lower overhead. It worked great for him, until it didn’t. His reputation was unremarkable. His margins were thinning out. Lack of accountability almost toppled the business. And so, Jacob made a massive change that took him from negative profit to a healthy 8.5% net profit. He cut the subcontractors, restructured his office team, and hired four crews in just five months. If you’ve ever wondered whether you should switch from subs to employees or vice versa, then today’s episode will give you a great perspective. 00:00 - Intro 02:05 - Initial Subcontractor Model 06:47 - The Warning Signs & Near-Collapse 15:28 - Transitioning to In-House Employees 21:28 - Recruiting & Vetting Processes 27:59 - Subs vs Employees Model Analysis 35:28 - Checklist for Business Model Evaluation Subscribe to Breakthrough Academy to never miss a video! 👇 http://bit.ly/youtubebta Interested in working with us? Let's chat: https://trybta.com/welcome Join our Facebook Group:   / contractorroundtable   Connect with us on Social Media: Facebook:   / thebreakthroughacademy   Instagram:   / btacademy   LinkedIn:   / 10175179   Email: info@btacademy.com Phone: 1-800-875-1704 #BTA #BreakthroughAcademy #BuildingSuccess