This is we’re we are at.
We have saved 75k just to set aside to tap into to pay a future employee, be it a journeyman or apprentice.
we figure that a apprentice will cost us 62k with taxes included. This does not include take credit that are state offers.
journeymen will be 97k.
Right now we can afford an apprentice, and he should help easy the load so we can accommodate more customers.
Figuring, we will not make money on apprentice and might lose a little on them.
Journeymen will cost more but I can do bids and work when we’re busy and when slow he can work and I’ll hunt for work.
Things that scare me are the economy. Even though it’s busy it does not look good over the horizon.
I don’t know when the proper time to higher is do you need constant work for two,three,eight weeks. This I don’t know. Especially since winter coming.
Was hoping family would want to work cause I could use them when busy and when slow I would not feel so bad lol if I told them to go home.
It really sound to me like you’re ready to hire.
Are you doing smaller service type jobs or bidding new construction projects?
We turn about 75 1-week projects per year, maybe a dozen 3-month projects, and at least 2-3 12/mo projects every year. I schedule the service type work around staffing availability, so if I have a couple of guys in between jobs for a week, I can pull them to do the smaller stuff.
We’ve got at least 2-3 guys that are fully capable of running a service truck, they just don’t want to. I’ve had a really hard time finding a full time qualified service tech. I run the majority of service calls myself, and I’ll pull an apprentice or j-man from a job when needed to help. In between that I’m bidding and invoicing. It’s not ideal. I need a full time service guy. The work is there and I’ve been turning new customers away for going on 2/yrs.
If you’re worried about not having work for them, go on planhub or building-connected and start bidding projects. I will tell you that a lot of jobs on there are GC’s and project owners price shopping their existing sub base, but I do bid some of the smaller local stuff that fits my niche and some of them have turned into good working relationships with GC’s. I’ve seen jobs that I already have a contract on get listed on planhub, but not by the GC I have the contract with. It’s the owners that are price shopping their GC for the next one.
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