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S2 E36 - Q&A Episode: Should You Switch Your Subs to W2 Piece-Rate?
Description
In this episode of Beers with Contractors, Will and Terry tackle a series of listener-submitted questions spanning a variety of crucial topics. They provide advice on handling an old sales team resistant to change, updating and managing employee SOPs, and implementing effective inventory tracking systems. The discussion also covers the intricacies of converting subcontractors to W2 employees and buying out a business partner, with real-life examples and practical tips. They pepper the serious content with light-hearted banter, ensuring a balance of valuable insights and entertainment. Whether you're contemplating shifting your business structure or looking to modernize your operations with AI tools, this episode offers guidance and inspiration.
00:00 Trailer
00:53 Subscriber Shoutouts and Upcoming Episodes
01:43 Terry's New Job and Work-Life Balance
03:24 Employee Training and Retention Strategies
12:03 AI Tools for Business Efficiency
17:02 Hiring Tips and Building a Team
27:25 Updating SOPs and Digital Transformation
33:08 The Importance of Lifelong Learning
33:30 Humorous Banter and Doctor Titles
36:11 Inventory Tracking Challenges
42:15 Dealing with Reluctant Sales Teams
47:17 Switching Subcontractors to W2 Employees
52:17 Buying Out a Business Partner
58:09 Real Estate Opportunism
01:02:34 Conclusion
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