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Mike Halliday

  • Posts: 11578
how many to pay the bills?
« on: December 03, 2004, 08:20:19 am »
how many days do you have to work before what you earn is beer money ;)?

I don't want to know how much you earn or what your overheads are just how long it takes to be in profit

with me I thinks its about 3 days

Mike
Mike Halliday.  www.henryhalliday.co.uk

SMP

  • Posts: 101
Re: how many to pay the bills?
« Reply #1 on: December 03, 2004, 11:14:47 am »
I Wish!!

Are you forgetting that you'll have a new van etc to buy one day.

12 days for me.

Cheers
Steve Poole

Mike Halliday

  • Posts: 11578
Re: how many to pay the bills?
« Reply #2 on: December 03, 2004, 02:10:28 pm »
steve, I mean how many days a week do you have to work before its beer money ;)

the number can't be over 7 or you're working for nothing :o :o

Mike

ps 37 have read this but only 1 reply :-[ stop being shy!
Mike Halliday.  www.henryhalliday.co.uk

bob

Re: how many to pay the bills?
« Reply #3 on: December 03, 2004, 02:23:17 pm »

2 days


Dynafoam

Re: how many to pay the bills?
« Reply #5 on: December 03, 2004, 04:47:50 pm »
Varies from less than one to nearly two.

Mark Betts

  • Posts: 449
Re: how many to pay the bills?
« Reply #6 on: December 03, 2004, 04:51:00 pm »
Its all relative.

Some people have low over heads ie  little or no mortage , committments etc etc.

Mark

A Dog Isnt Just For Christmas.........  Save a Bit For Boxing Day  !!!!!

Doug Holloway

  • Posts: 3917
Re: how many to pay the bills?
« Reply #7 on: December 03, 2004, 04:58:47 pm »
Mark,

Or how many relatives .

I've got a son at uni,a stepson at school, a daughter who's just started work ;D and a stepdaughter BUT by far the biggest drain is my trouble and strife ;)

Cheers,

Doug

Mike Halliday

  • Posts: 11578
Re: how many to pay the bills?
« Reply #8 on: December 03, 2004, 05:37:40 pm »
mark i know its all relative thats why I asked, I would think the longer in biz the lower the outgoings but new larkers would have more expences ( new machines, more on marketing etc)

I was wonder when the turning piont is, when you keep more than you pay out :)

Mike
Mike Halliday.  www.henryhalliday.co.uk

Ken Wainwright

  • Posts: 2107
Re: how many to pay the bills?
« Reply #9 on: December 03, 2004, 05:45:29 pm »
By beer money, I presume you mean profit after you've paid a weeks overheads and drawings to pay the mortgage etc. and put food on the table. In that case it can vary between 4 hours and 2 days. The 4 hours would be open space with Dry Fusion, like I'm doing tomorrow.

Safe and happy cleaning :)
Ken
Veni, vidi vici, Vaxi
I came, I saw, I conquered, I cleaned up!

SMP

  • Posts: 101
Re: how many to pay the bills?
« Reply #10 on: December 03, 2004, 07:25:40 pm »
Right,
Now that all is a bit clearer I can give a better answer.  HOWEVER, I do have to add that my answer was based upon how many days a month to cover the business expenses - NOT including owners drawings.  So really I'm not talking about beer money - I'm just talking about money for my family!  However I think this is the most meaningful answer - beacuse others would depend upon how much drawings you take and how much beer you drinkl  ;D

So for me it's three days a week before I earn anything.  However it is getting better and hopefully this will be down to two days soon.

Cheers
Honest Steve
Steve Poole

paul@ctcs

Re: how many to pay the bills?
« Reply #11 on: December 03, 2004, 07:34:44 pm »
0 days  ;D

I'm Lucky

eclipse

  • Posts: 501
Re: how many to pay the bills?
« Reply #12 on: December 03, 2004, 10:28:51 pm »
as above all my equipment is payed for
i only run 2 ads every week so taking into consideration fuel one day a week i would say

Michel Roberts

  • Posts: 226
Re: how many to pay the bills?
« Reply #13 on: December 04, 2004, 12:14:38 am »
Mike

One and a half days work per week to cover the expenses of running the businness. This alows for six weeks per year holidays.

Michel

rioclean

  • Posts: 74
Re: how many to pay the bills?
« Reply #14 on: December 04, 2004, 02:04:55 am »
Michel

My overheads are very low, I dont have a van I use a escort estate and my wife dosent drive.  so we have one versitile car.

All my gear fits in the back and some on the back seat without putting the seats back.  I dont have a morgage and no kids at home, and I only do a few jobs a week, live comfortable can pay the bills suits me fine without the stress and aggro

All the best Dave.
www.riocleaning.co.uk
Rochester, Kent

Derek

Re: how many to pay the bills? New
« Reply #15 on: December 04, 2004, 08:39:35 am »
Hi

I am loath to post as the tax man may be watching... I hope the information you have all given reflects your tax declarations  ;)  ;D

Derek

ian richards

Re: how many to pay the bills?
« Reply #16 on: December 04, 2004, 08:59:06 am »
Hi

At the moment i am earning nothing from my business as everthing is being ploughed back into it.
So working hard for nothing at the moment, but i'm into my second year now and hopefully start making some money..... Sooooon!!!

Ian

David_Annable

  • Posts: 689
Re: how many to pay the bills?
« Reply #17 on: December 04, 2004, 09:12:00 am »
Hi All

3 days

Dave
NCCA, Woolsafe, IICRC Leather Cleaning Technician