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deeege

  • Posts: 4957
Re: Earning £80,000 a year
« Reply #20 on: October 18, 2019, 01:17:02 pm »
Turn over 80 or take 80 in wages?
Good point world of difference :)

Jay I'm sure you mean 80k profit as he would want to naturally match his current salary.
To be on the safe side he will need to be turning over £110,000 a year and doing all the work HIMSELF. He'll also need to pay VAT leaves around 91k net then expenses...
He will be working harder and longer hours on the glass probably 45 hours a week working everyday.
240 working days in the year at a high £458.00 day rate. If he has a van rite off he'll need to make more..

In a nutshell there is no way he can establish £110,000 per year of Regular work by himself within a few months  even if he invested in half a million leaflets at a 50k cost or whatever ;D
He will definitely need help won't be able to deal with the enquiries be inantaded be slower because he has got no experience and yeah just no it's not going to happen. Without some serious help and serious investment

Sounds like he's got a very good income over there holiday pay the whole thing I would say it's a humongous sacrifice.
What I've said before to other people who are thinking about it stay in your job keep working get yourself a van and set up a weekend round.
Because it's not all about money end of the day if he truly is sick of it he might quite like the Freedom of what window cleaning can give you.
But it's definitely not for everyone.. so it's best that he doesn't walk out of his highly paid salary to find out it's not for him when his hands get cold
And his waterproof boots decide to fail!.
And before you know it it another low mileage clean and tidy freshly installed system van is on eBay for about a third of the price!

Then again I've never heard of someone earning close to a six-figure salary that wants to nip about in van to shine some glass. It's usually the other way round that's been made redundant or in a low paid job or in a very demanding averagely paid job
I guess he must really be sick of his job to consider it. So perhaps matching his current salary  shouldn't be the prerogative.

What I will say to be a bit more positive is his first year not talking about crazy investments but say if he's coming in with money to get his van and insurance 200k leaflets printed maybe drop 100k canvass with the rest Get some experience takes to it well can deal with the weather and various other issues. Is determined prepared to leaflet and canvass and generally probably put in 12 hours a day work and maybe another 2h at home preparing van and work for next day
So 6 hours canvassing 6 hours window cleaning
And weekends pure canvassing and leafleting
In a decent area I think it would be realistic for me to say provided he works hard 50ish turn over 40k profit is achievable but he would really need to be dedicated for his first year and I still think that will be very good  given all the man-hours involved in canvassing in marketing and everything else that would prevent him from physically Cleaning Windows full time for his first year

Don’t think he’s talking about 80k profit in his sales job. That’s probably his wage. After tax it’ll be a lot lower.

People don’t tend to only say there take home pay in the employed world. They just say what they earn salary wise.

So I’m guessing he means turning over 80k a year...

He’ll have a lot more expenses to come out of his £80k turnover (window cleaning) than he did his £80k salary.
"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

zesty

  • Posts: 2320
Re: Earning £80,000 a year
« Reply #21 on: October 18, 2019, 01:53:49 pm »
Yeah your right deeege, I wasn’t being precise, just trying to work out if £80k is his wage, or take home pay, guessing the former... if the latter, then he needs to be turning over £130-140 odd k a year to make around 80k profit.

Stoots

  • Posts: 6020
Re: Earning £80,000 a year
« Reply #22 on: October 18, 2019, 02:24:21 pm »
If hes on 80k salary he would be better off using his very decent income to build a property portfolio and build an income that way.


NWH

  • Posts: 16952
Re: Earning £80,000 a year
« Reply #23 on: October 18, 2019, 03:53:49 pm »
Save yourself time in reading through all the other answers 😂,in short you can earn that yeah but hard hard work and the biggest most important thing is it takes years oh did I say years I meant years and years.
You would have had to have had years sorting wheat from Chaff wheat from chaff,2 people with the right work will easily earn that on decent work though.

Crystal-clear

  • Posts: 3029
Re: Earning £80,000 a year
« Reply #24 on: October 19, 2019, 12:45:59 am »
Don’t think he’s talking about 80k profit in his sales job. That’s probably his wage. After tax it’ll be a lot lower.

People don’t tend to only say there take home pay in the employed world. They just say what they earn salary wise.

So I’m guessing he means turning over 80k a year...
[/quote]

It's the same concept £80,000 profit as self-employed for example is literally your gross so same as your salary £80,000 salary both figures will now be taxed based on your personal tax circumstances. So £54933 as PAYE £56020 as self employment.(just entered that in calculator)

If hes making 80k net after tax he'll need to be on £135k.And if you make £80k net running about in van alone you'll need 180k+ cos of vat n expenses
you'll prob have your tendons amputated before you tell the tale  :D


Simon Trapani

  • Posts: 1474
Re: Earning £80,000 a year
« Reply #25 on: October 21, 2019, 12:01:06 pm »
Waste of time this thread. Either way it aint gonna happen.

Dry Clean

  • Posts: 8505
Re: Earning £80,000 a year
« Reply #26 on: October 21, 2019, 12:50:51 pm »
Its a waste of time asking a nationwide forum what its possible to do and earn in this business, there are a hundred and one reasons why it varies from area to another and unless you have worked nationwide its not possible to give a sensible answer to this type of question.
There are also  one hundred and one reasons why window cleaning may not be for you and earnings would be way down on that list.

NWH

  • Posts: 16952
Re: Earning £80,000 a year
« Reply #27 on: October 21, 2019, 06:02:59 pm »
If you are starting from scratch to start off with earnings will be terrible could take months before you get to a grand a month,especially these days.