[Oakley Windows]

that you dont want a proper job

'ere whats that then

Just had a mate on the phone, he works as a site manager on a construction site. He says 'are you going to work today............?'

I said, 'well, its Friday, I might, probably just wind my week down and do a bit'

He said 'every day is like a friday to you, Im working til 5 and tomorrow'

[s.w.c]

the fact that you are all still in the trade tells me a couple of things ..
that you are making more than the dole

that deep down you are fairly happy with you wages

that you dont want a proper job

well put!!!!!

[Moderator David@stives]

Your wage is the net figure on your tax return, not what goes through your hands

even if you took £50k you would be lucky to see a pre tax profit of £30k.

[ftp]

pre - tax So what have you spent 20k on?

My costs last year were around 6k and that includes setting up a guttervac type system with generator and new carbon pole. I fail to see how a sole trader could part with 20,000 in one year unless purchasing a new van?

[WCE]

pre - tax So what have you spent 20k on?

My costs last year were around 6k and that includes setting up a guttervac type system with generator and new carbon pole. I fail to see how a sole trader could part with 20,000 in one year unless purchasing a new van?

Dave is not a sole trader though if you employ then it is easy to spend that!

[ftp]

In which case his turnover will be far in excess of anything i'm talking about.

[ronnie paton]

i could spend nearly 6k on running one van?

[leapstallbuildings]

I'm a sole trader.  I have invested in a fair bit of equipment but I didn't go the most expensive route.  If I take everything into account - and I do mean absolutely everything, it costs me a modest wage just to run my small business.

[kenaltobelli]

had an intresting chat today a company near me lost a contract £50k
let 2/3 workers go they have set up as competion god £50k thats a lot of brass

[LWC]

matt you haven't spent hardly any money on your home-made system not like
some poor people on here with an Ionic van lol £ 28000 yes thousands £614 a month ouch............................ why did I go this way never again

That said the business is a mega one now!! but home-made for me next time
with a new van though umm nice

Over the past years of WFP ive racked up about £15k on everything...i think thats quite alot to be fair. Wish id had montlhy instalments lol

[ftp]

Oh god,  :

[trevor perry]

had an intresting chat today a company near me lost a contract £50k
let 2/3 workers go they have set up as competion god £50k thats a lot of brass

  if they have let 3 workers go on a £50k contract that means each worker was covering just over £16k a year after running costs holidays with pay etc he must of only been paying them about £240 a week and making hardly any profit from the job i think he is probably better of without the job.

[Oakley Windows]

Oh god,  :

[ronnie paton]

that also presumes they wer floating to work and could clean it by just looking st it.

[Moderator David@stives]

Expenses include
Accountant
Advertising
Bank Charges
Clothing
equipment
Liability insurance
Phone /internet
Motor Expenses
post/stationary

subscription
Training
Debts written off
Depreciation
cost of finance

[ftp]

Wages, holidays etc.
I understand where you are coming from Dave, but me as a sole trader can withstand substancially lower daily income. So to me an expected wage of close to £300 per day is fairly excessive in my eyes. I can survive happily on much less and most of the time do.
So, when I see extortionate estimates on here my eyebrows hit the ceiling so to speak. Kind of puts me off employing to be honest. Maybe the guys who have invested so heavily need a massive daily wage? Maybe i'm one of the lucky few but I doubt it.

[cozy]

Expenses include
Accountant
Advertising
Bank Charges
Clothing
equipment
Liability insurance
Phone /internet
Motor Expenses
post/stationary

subscription
Training
Debts written off
Depreciation
cost of finance

Yes Dave, but some of those aren't effected if you employ. e.g. Accountant advertising.

Or have I misread something? I have employed twice in the past and it was not very easy to run. The Gov't over here have crap laws on employment and some workers play it to their advantage every chance they get.

If you have worked out the costs of an employee too closely, then if they are sick or injured and off work you quickly lose any advantage and start to lose maney fast.

By the way, I recon my average wage is about 80,000 a month ( If it doesn't snow, that is )

[wfp master]

This topic should be banned !

i agree you dont ask questions like that its called being a nosey b****d.

[alanwilson]

Expenses include
Accountant £300
Advertising £0
Bank Charges £0
Clothing £100
equipment £500
Liability insurance £250
Phone /internet £50
Motor Expenses £250/month = £3000 yr
post/stationary £100

subscription - to what exactly
Training - nope, don't need it
Debts written off - haven't got any
Depreciation - per van est £2000/yr
cost of finance - no finance

total running cost (not incl wages) £6300

so if I did not employ then my realistic running costs would be about 6 to 6.5k over a 46week working year = £147/week max

so for a sole trader earning in the region of £25/hr and completing 25hrs work per week (again with domestic window cleaning weather has a big part to play in this) = £625

so £625 - £147 = £478/week x 44 = £21k a year. pre-tax profit.

gross turnover = £27.5k

if you employ then obviously you need to add wages, el, sick pay etc to this

[Moderator David@stives]

The expenses put up relate to a sole trader,
 I left out the employment expenses.

Like i said earlier, your true wage is what it says on your tax return.