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originally posted by: ketsuko
a reply to: toysforadults
I might be able to tell you personally some of why you may be seeing some extra demand this year.
For years, we have wanted to hire small contractors to get some work done on our house, and the house has sorely needed it. However, this is the first year that we have actually had the resources to be able to do it.
And we did hire a small local contractor to do the first of the jobs we've needed done.
Assuming that things in the economy hold as they are, we are hoping to continue to get our house worked on at a slow pace, but if things fall back to where they had been in years prior, we won't have those resources (you know, the crumbs).
originally posted by: DexterRiley
originally posted by: toysforadults
a reply to: DexterRiley
However, one way to counter the business income loss would be to increase the hourly rate you charge your customers. Or increase the cost of your estimates and bids.
That's not how it works in residential construction. I can't just raise prices and pass the cost on to the consumer because the consumer can't/ won't pay it.
In residential construction you can only charge what the market demands.
That's an interesting point.
Theoretically all contractors would have to increase their prices to accommodate the new paid vacation requirement. So, competitiveness shouldn't be affected.
However, the market for residential construction itself could be adversely affected because of the increased cost of labor. The consumer may no longer be able to afford your services.
I believe there is some deep dark economic vodoo that says that these increased costs should percolate through the economy and eventually the residential construction market will stabilize. Then the consumer will move forward with their plans.
-dex
originally posted by: olaru12
I'm also a small business owner, Retail, Wholesale and manufacturing, I don't trust Trumps voodoo trickle down economic model at all. It's never worked before, the working man always gets screwed, disposable income evaporates and that's what my store depends on.
People are scared and I don't blame them.
www.rawstory.com...
but I have a plan....
I've become a LLC vendor/contractor with the Government, both state and feds. I know who's got the money. Now it's up to me to sell my service.
Blessed to have some working capital and options.
But blame it on the progressives.
originally posted by: network dude
originally posted by: olaru12
I'm also a small business owner, Retail, Wholesale and manufacturing, I don't trust Trumps voodoo trickle down economic model at all. It's never worked before, the working man always gets screwed, disposable income evaporates and that's what my store depends on.
People are scared and I don't blame them.
www.rawstory.com...
but I have a plan....
I've become a LLC vendor/contractor with the Government, both state and feds. I know who's got the money. Now it's up to me to sell my service.
Blessed to have some working capital and options.
But blame it on the progressives.
If Trump is bad, you should be failing bigly and begging for change on the corner. If Trump isn't quite as bad as you claim, then you may be seeing good profits in your business. You really can't have it both ways.