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Home » Authors » Richard DiToma
Richard DiToma

Richard DiToma

Richard P. DiToma has been involved in the PHC industry since 1970 starting as an apprentice, then, becoming a journeyman and master. He spent 41 years as an award-winning contractor. As a contracting business coach/consultant he has authored books on contracting business management as well as customized price guides for contractors. He created and facilitates seminars on business management for groups and individual businesses. His Contractor Advantage programs show contractors how to do the right thing. For information or to contact DiToma: call 845-639-5050; email richardditoma@verizon.net; mail to R & G Profit-Ability, Inc. P.O. Box 282, West Nyack. N.Y. 10994.

Articles

ARTICLES

PHC0323_three business options.jpg
Contractor Profit Advantage

Are Your Prices Too High, Too Low or Just Right?

Running a business in any area requires determining your business’s just-right situation.
March 7, 2023
Richard DiToma
No Comments

What beans should you count to do what is right for your business to succeed? Read on to determine the just-right factors to properly price your services while collecting a profit. 


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Contactor Profit Advantage

Dealing With Obtuse Consumers

Rely on the terms, conditions and prices of your agreement with the client, and include explanatory language on all invoices and contract forms.
February 3, 2023
Richard DiToma
No Comments

When clients balk at the price of your services after the work has been completed and the invoice is signed and paid, it’s usually because they talked to an unscrupulous and inexperienced plumber. And that plumber said he could have done the work for less. Read on for some tips to handle that in your company.


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Contractor Profit Advantage

Making Your Investment In Your Contracting Business Pay Off

A lot of heart and technical skills can start a contracting business. But business expertise will make it a long-term success.
January 6, 2023
Richard DiToma
No Comments

A lot of heart and technical skills can start a contracting business. But business expertise will make it a success.


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Contractor Profit Advantage

Issues Contractors Need To Know

Don’t jeopardize your American dream. Take steps to ensure you are pricing your services correctly. And ask for help if you need it.
December 5, 2022
Richard DiToma
No Comments

Business owners need to keep track of many things to keep their entrepreneurial dreams alive. Knowing how tangible and intangible costs affect your pricing and your profit margin is critical for any home services contractor.


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Contractor Profit Advantage

Don’t Quote Prices Over the Phone

Pricing a customer’s problem that your techs haven’t seen for themselves could be detrimental to your business.
November 4, 2022
Richard DiToma
No Comments

For home service contractors, making a service call incurs many costs to the business. What if the customer decides not to have the work done? Charging a minimum service charge fee can alleviate the contractor’s financial burden. 


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Contractor Profit Advantage

Credit Cards, Monitoring Expenses Vital to a Contracting Business

Financially strong businesses maximize the business profit they earn.
October 3, 2022
Richard DiToma
No Comments
phc09_ditoma.jpg
Contractor Profit Advantage

The Difference Between Success and Failure

Being in business requires that you constantly take care of business.
September 5, 2022
Richard DiToma
No Comments

Once you decide to open a business, you become an entrepreneur. You also took on an incredible responsibility to ensure the business stays profitable — whether you stay as a one-person shop or hire employees. 


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Contractor Profit Advantage

Understanding Proper Price Calculation of Additional Tasks

A travel time expense when those tasks are to be performed during the initial service call visit shouldn’t be included in the job price.
August 5, 2022
Richard DiToma
No Comments

Many times contractors are asked to perform additional tasks during a service call, or the technician uncovers a problem that must be fixed.


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Contractor Profit Advantage

Inflation Is Crippling Your Personal and Business Lives

Rising gas prices can make a big impact on your tech/truck costs per hour. Make sure to monitor those costs and adjust accordingly.
July 4, 2022
Richard DiToma
No Comments

Americans saw inflation rise this spring to levels not seen in 41 years, affecting food, housing and fuel prices. 


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Contractor Profit Advantage

Why Do Contractor Prices Differ for the Same Task?

It starts with the fact that most contractors are not aware of the true operational costs they incur in running their businesses.
June 3, 2022
Richard DiToma
No Comments

Contractors price their services for many reasons. However, most contractors don’t know their true operational costs. 


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