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finders fee ettiquette


DWestbrook
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What a self centered git : (

 

Exactly why we keep a tight circle here and we all know the score . I pass you work and you pass me work . It doesnt always go to plan but hey life is full of ups n downs . Just be honest and fair and always share the rewards with those around you . ie

 

Firewood guy gets me work he will get all the timber .

 

If its a plumber or another trade he will usually get some dollars .

 

Its suprising how much work you can get when you drop a bottle of whiskey off at christmas just to say thanks .

 

I will always get gifts in return for my good deeds .

 

I love sharing it makes me happy . Although I can see your point and I dont always share the joy with people who I dont know . It takes time to build up a rapport with other tradesman who you dont know :thumbup1

 

Thats all very different to someone expecting 10% of the job price.

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Not at all its been a good day :001_smile:

 

Genuinely, I spend about £1K with Yell and Yellow Pages, If I thought for one second that would only bring me £10K of work I'd cancel tomorrow!!

 

We cancelled YP and have never been so busy . Also by doing this we halfed our advertising budget and increased our profit . A good local parish mag will bring in the work . Maybe advertise in 4 or 5 local parish mags its still loads cheaper than Y P . Just speaking from what I have observed over the last year :thumbup:

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I sometimes sell generators to the customers of electrical contractors on say a £15,000 job they may ask me to add a grand to the job and charge for the cabling themselves. Often the grand kills the whole job and we get nothing. If we do get the job I point out that I need an invoice for the grand. I have to pay tax on my tight margin I am not paying theirs as well even if they did find the job.

 

I currently have 9 installs in the pipeline so will be struggling to get all the work done with out doing it for nothing for a lazy middle man sat on his butt.

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I don't see why people expect something for nothing, I recommend people for work but would never expect anything in return. in my opinion it only leads to negative feeling and discontentment

 

:thumbup1:

 

Will happily recommend other skilled trades and expect nowt in return.

 

Passed some log customers onto a mate next thing you know he gets us a great job hedgelaying. Happy days.

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We cancelled YP and have never been so busy . Also by doing this we halfed our advertising budget and increased our profit . A good local parish mag will bring in the work . Maybe advertise in 4 or 5 local parish mags its still loads cheaper than Y P . Just speaking from what I have observed over the last year :thumbup:

 

 

I don't think we even have "parish magazines" round here, must be southern thing.

 

Over the 20+ years I've been trading I've tried most forms of advertising and only use the ones that work, I spend about 2.5% of turnover on advertising, 1% is with yell and YP, they work for me :001_smile:

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I don't see why people expect something for nothing, I recommend people for work but would never expect anything in return. in my opinion it only leads to negative feeling and discontentment

 

It's not something for nothing. I've just introduced you to a customer that you didn't have and you might keep that customer for the next ten-plus years, earning thousand of pounds from them. Is a hundred quid for the first job worth it now?

 

A local plumber (lad I know)rang me one Friday afternoon, he'd had a call from a local Estate to go and look at their fountain that had stopped working, he called me and said the pump was knackered, had I got one and could I fit it that afternoon? he told me that there was a function on at the manor house on the Saturday and the fountain NEEDED to be working. I went over did the job that evening, it was an £800 job, the next time a saw him I gave him a £80 drink, all sorted.

 

What came off the back of the job changed things a little bit for me. The son of the bloke that owned the estate is one of the biggest letting agents in this area..... I service/repair all the water, fire main, heat circulator, sewage, swimming pool pumps in every complex they look after...........Worth an eighty quid drink, me thinks.

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It's not something for nothing. I've just introduced you to a customer that you didn't have and you might keep that customer for the next ten-plus years, earning thousand of pounds from them. Is a hundred quid for the first job worth it now?

 

 

 

A local plumber (lad I know)rang me one Friday afternoon, he'd had a call from a local Estate to go and look at their fountain that had stopped working, he called me and said the pump was knackered, had I got one and could I fit it that afternoon? he told me that there was a function on at the manor house on the Saturday and the fountain NEEDED to be working. I went over did the job that evening, it was an £800 job, the next time a saw him I gave him a £80 drink, all sorted.

 

 

 

What came off the back of the job changed things a little bit for me. The son of the bloke that owned the estate is one of the biggest letting agents in this area..... I service/repair all the water, fire main, heat circulator, sewage, swimming pool pumps in every complex they look after...........Worth an eighty quid drink, me thinks.

 

 

You obviously have your way of working, personally I'm not a fan of backhanders

 

 

Sent from my iPhone using Arbtalk

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