Disclosure certainty 4/5 debate potential 1/5

Piccarazzi: Workers' comp takes 20% of Checklist Home Services payroll

Liz Piccarazzi · How Moms Can Quit Corporate For Their Own Startup with Liz Picarazzi of CheckListHomeServices.com · Jan 25, 2016 · at 9:23

Liz Piccarazzi, founder of Checklist Home Services, discusses the hidden overhead costs of operating a licensed home repair business in New York City.

0:00 / 0:11exact quote · 11.2s
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“I pay workers' compensation, which is 20% of payroll. Nathan Latka: Wow. Liz Piccarazzi: So 20 cents on every dollar goes straight to workers' compensation.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Liz Piccarazzi

Opinion
Piccarazzi chose W-2 employees over 1099 subcontractors to avoid litigation
“And what I find fascinating about them is like checklist. They chose a W two employee model instead of a 1099 subcontractor model. And I think that them and checklist that we made the correct decision. If you look at all of the litigation against 10 99 employe…”
Liz Piccarazzi Jan 25, 2016 ▶ 16:59 How Moms Can Quit Corporate For Their Own Startup with Liz Picarazzi of CheckListHomeServices.com
Disclosure
Piccarazzi: Checklist Home Services nets $60 to $75 per $400 job
“I would say that net profit on a 400 dollar job would be about 60 to 75 dollars.”
Liz Piccarazzi Jan 25, 2016 ▶ 11:02 How Moms Can Quit Corporate For Their Own Startup with Liz Picarazzi of CheckListHomeServices.com
Assertion Not checkable as stated
Checklist Home Services completed 65 jobs in a single month
“So we completed 65 jobs.”
Liz Piccarazzi Jan 25, 2016 ▶ 5:01 How Moms Can Quit Corporate For Their Own Startup with Liz Picarazzi of CheckListHomeServices.com
Disclosure
Piccarazzi: Checklist charges $395 to $725 across half-day and full-day tiers
“So the handyman for a half day in Brooklyn and Queens is 395. The half day in Manhattan is 500. And then our most common service purchased is the handyman for a day, which in Brooklyn and Queens is five 95 and in Manhattan is seven 25.”
Liz Piccarazzi Jan 25, 2016 ▶ 6:47 How Moms Can Quit Corporate For Their Own Startup with Liz Picarazzi of CheckListHomeServices.com
Disclosure
Piccarazzi: Checklist pays handymen between $15 and $35 per hour
“So the handyman gets paid we benchmarked against other craftsmen in the field and they get paid anywhere from 15 to 35 dollars an hour, depending on their level of experience and the level of responsibility they take in the job.”
Liz Piccarazzi Jan 25, 2016 ▶ 7:39 How Moms Can Quit Corporate For Their Own Startup with Liz Picarazzi of CheckListHomeServices.com
Disclosure
Piccarazzi: Checklist marks up supplies by 25% for additional revenue
“No supplies are additional. And that is a little bit of a revenue stream for us because we mark up supplies by 25%.”
Liz Piccarazzi Jan 25, 2016 ▶ 8:19 How Moms Can Quit Corporate For Their Own Startup with Liz Picarazzi of CheckListHomeServices.com
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