Good for you Rich, if you see me about, come over and say hi, I've got a big blue Nissan Primastar with 'Pure Water Window Cleaning' emblazoned all over it!
I'm in Caldicot a couple of times a week.
Roy also makes a really good point about your company making a profit too.
You also haveto bear in mind that your turnover
ISN'T your wage!
If you are turning over, say, 15k then your income is somewhat less than that.
Some of you may well think your overheads only amount to a couple of quid a week, a set of ladders every ten years, a couple of rubbers a week, a couple of fresh scrims every few months, hardly worth thinking about.
Really?
You would be surprised!
The way to really check out what your business is costing you is to have 2 bank accounts, a business one and a private one.
You pay everything into your business one and every week you have a standing order paying yourself an income into your private one.
Just got the one vehicle?
Then don't forget to leave 75% of it's running costs in your business account, also leave enough in there for what you believe is the rest of your running costs for your business.
Also make sure, as Roy said, to leave enough there so that the 'business itself' makes a small profit, and by that I don't mean as in when you do you tax accounts, I don't mean the 'profit' you pay tax on.
You will be very surprised to see how much lower your wage really is, and just how much you really do need to leave in your business account to cover it's running costs and for it also to make a small profit.
Unfortunately I don't follow my own advice
I no longer have a dedicated business account because I resent with great intensity the charges levied against me when my personal banking is absolutely free.
But I'm starting to pay in so many cheques I may well be forced to open a business account
Therefore I'll do so in a new bank where I can get free business banking, I believe that there are now a couple that offer very good deals.
This thread is really aimed at the window cleaner who has been going for a few years and who is greater undervaluing his worth!!
Like Squeaks he may be really quick and bases his prices on the speed at which he can work, so the faster he is going the cheaper he is working!!
You have to remember that the standard window (one opening light, one pane underneath that opening light and one pane to the side) will take 90 seconds to clean, including a wipe of the sill, then there is 30 seconds to climb down ladder, move to next window and climb the ladder again (for upstairs that is, moving time is half that for downstairs)
Georgian windows will take you 3 times as long of course for the same size standard window. (Unless you go the WFP route that is)
If you are a newbie, maybe you have come from a job earning, say....£6.50 an hour?
Reckon £350 a week sounds ok to you?
Should be easy shouldn’t it?
You can read on here how window cleaners can do at least a couple of houses and hour, at £6.50 a house, two an hour over just a 7 hour day is £91 a day, that’s £455 a week!!
Of course the reality is that it doesn’t work out that way.
You will not earn £13.00 an hour, and even so, should you do so, it will be nothing like an INCOME of £455.00 per week!!
Your business will cost you more than you think to run.
Now squeaks has said that these are not very big accounts, but they are slap bang in the middle of a very affluent area indeed (though those in these particular houses are just ordinary people, not high earners) and you also have to travel several miles out to get to this village, it’s a long way to travel to come out on collections too.
To me, were these houses in the middle of an estate in my main town or with in a mile or two of my base I would be charging my £8.00 minimum charge.
But these are rural accounts, regardless of the fact that these people don’t earn a fortune they are still out in the sticks, and that alone means I slap an extra levy on the top of my minimum charge.
There is a post on the other forum by Paul C Smith, and he has been using Doorknockers to build new work.
His thread also gives a good perspective on another good reason for not being afraid to price high.
Don’t be afraid to put in a decent price!!
Don’t base your price on how fast you can work, base it on our Mr Average window cleaner and the time he takes to clean an average window!!
You want to earn £500 a week then you’ll need to be turning over £600 a week, and you won’t do that by charging £6.00 for a semi!
Taken over 12 months, and allowing for days you won’t be working you will also need to turn over a lot more than £125 a day to be able to average that £600 per week turnover too!!!!!
Ian