I run through pricing to consider when managing or planning your electrical business. Nobody has all the answers but these are …
https://www.youtube.com/watch?v=vpsU_t6dhGI
I run through pricing to consider when managing or planning your electrical business. Nobody has all the answers but these are …
https://www.youtube.com/watch?v=vpsU_t6dhGI
Great video
You are talking some unnecessary stuff. Come to the point quickly. Look at your likes , you maybe know alot but you are telling romeo juliet stories .
Congrats Mark🎉
thanks for sharing, very useful
Interesting viewing. There are a lot of hidden costs around running your own business that people who are on PAYE just don't realise. Like you said, it will be different for everyone according to what sector they are in and what they want to get from their business.
Insightful stuff Mark. I think this will be helpful to a lot of people
Congrats on the award man, I've always really liked that you do the apprentice support on the side 😎
Congratulations on the award Mark
Excellent 👍
When in your business did you realise you need/ can employ people did you get a big contract or just go with it on a busy period and it worked out?
Congratulations 👍
Congratulations on the award Mark. Also good video when I ran my truck repair business I made all the mistakes with high turnover but no profit I heard a quote the other day and it was me a busy fool. Running myself ragged but just covering costs and sometimes you can’t see it when your in the middle of it 😃
Hi sir congratulations from a now retired side cutter man , who ironically came into the profession after the age of being an apprentice . Yes heaven for bid , but I did (retrain )
and became respected member within the trade , I noticed there is a drive to make all electricians to be qualified and totally back such a proposal . But it is rather ironically that those early years of my entrance into the trade would now be considered not appropriate . Best wishes and kind regards as always 👍👍👍
Well done on the award ! – This is very insightful for upcomers. I've been employed, subbie, self-employed with own business and worked on my own for 10 years. I've had a Limited company for over 10years now and have had between 3 – 7 engineers at any one time. The one thing I would say is you'll hit a ceiling on your own as you can only sell your time once. Nothing wrong with that but there will be a limit. If you grow a small business you are selling your time multiple times then the sky is the limit.
Well done mate
Congratulations mate 👍🍾dose that mean I get get the proving unit now😭
Interesting. Mine's always followed my Dad's theory. d+m=p. d= Day Rate m=Materials p=Price. So following on from him I charge my current day rate of £160 to £180 per day plus the cost of materials. Or I ask if the client has had a quote and look to better it which I often can to win the work. But with rising living costs I am considering upping the day rate to £180 to £200 a day. No VAT, I have a banger van which doubles as my every day vehicle, no sign writing or 30 inch alloys, no pointless extra van stickers like Checkatrade, CHAS and BAFE, in fact I’ve not stuck my NICEIC sticker on the van! Storage is my garage, do own account and Self Assessment, PI/PL insurance and NICEIC. No kids or mortgage to support. Never short of work either domestic or commercial. Could go over VAT threshold but not wanting the hassle.
Congratulations Mark. You're an inspiration to us all. 👌