Vendor Management
Before your first job with any vendor, collect:
- **W-9** (required by IRS for 1099-NEC if you pay them more than $600/year)
- **Certificate of Insurance** - Naming you as additional insured, minimum $1M general liability
- **Business license** (if their trade requires one - electrical, plumbing, HVAC)
Rate after every job. 1-5 stars on quality, communication, price. After 5 jobs you'll know who your A-tier vendors are.
Renewal calendar. COIs expire annually. Block payments if COI has expired. Auto-email vendor 30 days before expiration.
Preferred-vendor list. Maintain a top-3 per trade. Loyalty gets you faster response times and better pricing.