If you are a new labor contractor, you need to take tips from those who have been down this path before. It is necessary to make sure you follow the path that others have gone down before when they are working out how they can get the most out of the work that they are taking. Make sure you learn from their failures and successes to get the best working situation for yourself.
Labor contractors should be very sure that they have written contracts for their work. Gone are the days when a handshake agreement is enough to secure a deal.
You need to make sure things are all spelled out accurately so that you know that you end up with the kind of deals that make sense based on what you are attempting to accomplish. A written contract keeps you safe.
On top of all of this, you should ensure you are setting your labor rates appropriately based on what others in the area are charging for their services. You might undercut them to some extent to get a steady base of customers for your services in the beginning. Whatever the case may be, you should ensure you have your rates set to allow you to make some money for yourself.