How Much Should 1 Painter Earn Your Company?

A lot of painters have "emotional" feelings about hiring painters, but in the end it's all MATH and SYSTEMS! Don't miss our upcoming Hiring & Recruitment Bootcamp on March 5th 11AM-5PM. Reserve your seat at HiringPainters.com

1. Overview
a. Common Poverty-Inducing Myths
b. Inescapable Core Principles & Systems
c. The Simple Mathematics of 1 Painter
2. Common Poverty-Inducing Myths
a. Painters Are Overhead
b. There is a “Right Size” for Companies
c. Get Excited About Marketing/Sales, Indifferent to Recruitment/Hiring… you can’t generate demand without capacity!
d. All Emotions, No Math… MONEY is MATH
3. Inescapable Core Principles & Systems
a. By Labor Wholesale, Sell It Retail By the Hour
b. Production Rates
c. Charge Rates – Based on Market-Based Pay Rates & Burden
d. Field Controls – Ultimate Crew Leader Packet
e. Office Controls – Project Management & Scheduling
f. BONUS: Performance Pay or Saved Labor Bonus
4. The Simple Mathematics of 1 Painter
a. Client Reactivation, Retention, Sales Pre-Requisites
b. 25 + 35 = 30, 30 X 1.2 = 36 (Average Pay Rate – Subs or W2’s)
c. 36 X2 = $72
d. Gross Profit Contribution at 36 X 40 = $1,440
e. $1,440 X 4.2 = $6,048 per month (on budget)
5. 3 Key Questions
a. Do you understand the basics of the painting business?
b. Are you being a penny wise and a point foolish?
c. Sign up for the Hiring & Recruitment Bootcamp – HiringPainters.com, March 5th. It’s 3 payments of $499.