[JandS]

Adimarsh
Up to now I do my own accounts.
Just pump into the business account what I
can after food and bills.
Wife's goes in BS.
Presume I'm supposed to put in everything I
earn into the business account then draw it
out as needed.
There's only my wage to pay.

John

[adimarsh]

John

Re-read my question and it did read a bit like I was having ago, wasn't meant to.

I'm just used to every invoice, cash or cheque, going into the business account. I do have an accountant to keep happy and she has an legal duty (on pain of death) to report the accounts properly. If you take money out of the business, normally, you have to show from where it came.

Your accounts are none of my business and I'm not trying to lecture, but in case you get investigated by the revenue it's best to keep every thing above board.

[Shaun_Ashmore]

Providing you account for money coming into your 'hands' and then put into your sales ledger and any money you take out whether it be drawings or for business purchase then put into your purchase ledger then job done! Banks have an uncanny way of charging you for holding onto your money!!

Shaun

[mark_roberts]

Dont take this too personally but i dont believe you can run a business on £100 a week.

What about

Chemical and equipment costs
Van insurance tax repairs
Phones
Business insurance
Accountant
Stationary
etc

What happens when you want to buy a fancy new tool at £1000 thats £20 a week.

Just be careful as many guys have fallen down badly not uderstanding fully their costs.

Mark

[M.Acorn]

Providing you account for money coming into your 'hands' and then put into your sales ledger and any money you take out whether it be drawings or for business purchase then put into your purchase ledger

Don`t have either of those,everything goes into my bank account,my accountant gets a wad of bank statements ,and does my tax from that,he has never said to do it any other way

[John Kelly]

"You should have been a Yorkshireman."

Whats he done wrong to deserve that

[JandS]

Adimarsh
No problem didn't think you were having a go.
I just have a monthly income and expenditure spreadsheet
so I know where I am.
Well some of the time, haven't finished off April sheet yet and don't
ask about May.
I like the receipts to pile up a bit before tackling them.

John

[jasonl]

I have turned over amounts ranging from 16,000 to 950,000 in Carpet cleaning/fire and flood work in a single year ,it is always the same ratios.

Around  33%  equipment/chems/overheads

Around 33% wages

Around  33% Net profit

Any time I look at a business to purchase the figures are always the sameish.

[mark_roberts]

Jason

Your about right.

Mark

[Buckland]

On the original thread - these people are a Pain in the Arse but if thats the way they want to do business then there is not much we can do until something goes wrong which it does inevitably as customers quite often have expectations which exceed even what can be done by steam cleaning - often for instance they dont see the fading and colour change - anyway the cheap RD merchants have wrong equipment and no training or experience so they would have  no chance of satisfying most of my customers - also imagine what they get paid if they do five or more jobs a day and only charge 10 or 20 per

When the customer has time to see the result and think about the cheap job and see little or no improvement and asks the splash and dash gits to come back it is only then that the customer finds out what sort of business they are dealing with - we have just such a company operating near us - apparently they clean three rooms for £19 - or something equally stupid - its not the first time I have come across them - they are all focussed on telephone sales operation/marketing/close the sale and ZERO delivery on the service front - classic hard sell and then upsell bait and switch

I was contacted by this lady who said would I look at her HSL after this company had been in - it was a cream flat berber type and the numpty had dragged all the dirt off the treads and let the grubby residue run down the risers leaving her with visually grubby stairs where before they were ''fine'' she said - they also left a grubby pool of dried muck at the foot of the stairs (maybe a bucket spill?) - he had charged her 9 quid for her hallway and same for a bedroom plus 1 pnd per stair - yes it was a tiny job but unless these small jobs pay my 60 min I walk usually - hell there must be rugs and other carpets to make up an hours work with a TM - its all down to being reasonable and saying well it takes me x time to set up so thats why I charge a minimum and I know a LM muckspreader near us charges similar min

well anyway the company refused to come back to rectify and then the so-called MD of the company was rude and hung up on her in the end - I think he may wish he knew (a) her son is a solicitor and (b) she is not the sort of lady to be messed with as she is going to trading standards as well.

I arrived fresh from a hot job and went straight in and sorted it out dead quick max vac and plenty of heat from my TM and have to admit berber type nosings are not that easy to clean and rinse so if he had a cheapjack leccy sucker he was on a loser from the start as all he did was re-arrange the dirt. Plus I used rotovac dhx on the grubby hallway - bit of an overkill but she was impressed! and said wished she'd called me before etc etc. I have encouraged her to chase the company to get them to pay my 'modest' 50 charge - I was feeling sorry for her what can I say!

[jasonl]

Buckland , Enterprise is the company who bait and switch across the south coast , they have 15 vans now  they are based round the corner from me . I have had lots of complaints about them .

Who is the LM merchant?

[derek west]

lets all send a complaint to ann robinson

[Buckland]

hi jason - yea but it wasnt them in this case it was some numptees from your way I think - the LM people are in rumsey - again not too certain but I do know their min is!

[Shaun_Ashmore]

Quoted a carpet clean 400 sq ft approx and it went from the sublime to the rediculous! £45 was the lowest and £300 was the highest, it was in Doncaster which is a bit far for me and I went in at £160, he said he was going to try £45 clean, I asked him who quoted first and he said £45 cleaner and so I asked him if he was trying to get it cheaper than £45 and he said yes!

Shaun