21min chapter

Think Like an Owner cover image

John Wilson - Growing the Family Plumbing Business - Ep. 47

Think Like an Owner

CHAPTER

Transitioning to Flat Rate Pricing

This chapter discusses the benefits of transitioning from variable to flat rate pricing in the plumbing business. They highlight the transparency and convenience for customers, as well as the improved service quality. The chapter also compares flat rate pricing to time and material pricing, emphasizing the misaligned incentives and limitations of the latter model.

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