Or phrase perhaps.
So, piecework, when you give out the materials, get the people to do the work, pay per piece completed.
OK. But there’s another phrase for when you go up a level. The “merchant” is still providing materials and thus some part of the capital. Plus the marketing. But there’s this other phrase. Putting out maybe? The point being that it’s a step up in complexity to piecework. To an artisan, a craftsman.
Know a bloke just starting to do this with carpets, hand woven. Not that I want to invest or anything. I’m just trying to find the phrase. He’s a libertarianish economics type too but neither of us can recall the phrase, him understandably as English isn’t his first language.
Anyone know it, the phrase?
Aha! Putting Out, that’s it.