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Tom-01

  • Posts: 1348
Re: costs of employing
« Reply #20 on: February 11, 2016, 08:05:12 am »
Plus more than likely will have to go VAT registered which is another cost paying it, and paying accountant to do it. Also the time it takes up employing people.

ascjim

Re: costs of employing
« Reply #21 on: February 11, 2016, 05:33:30 pm »
It isn't as bad as you think, you just need to grow some balls and take the jump.

Wages: easy
Payroll: Ask your accountant. Mine is £7.00 per employee.
Employers liability  and public: Mines £45.00 per month.
Tools and uniform: .....
Extra water: pence

Profit: LOADS!
What about national insurance and tax contributions?

It does add up!

That comes out of their wages, no my pocket

ascjim

Re: costs of employing
« Reply #22 on: February 11, 2016, 05:42:59 pm »
The holiday and sick comes out of the profit.

They get paid £10.00 per hour = £80.00 per day.
 
2 man van takes a bare minimum of £300.00 so £140.00 profit for the day.
Some gutter days it can go to £400 - £500 and the best I've had from one van is around £900.00

I only have 3 guys. In 2 vans.

1 is working all the regular domestic work.
There other 2 also have regular domestic work, but have the gutter vac in the van.

So van 1 is always busy all year.
Van 2 takes all the new work coming in and big jobs.

I take £3000.00 a month and the rest stays in the business account.

I work 9-11 on the computer then go gym until 1 and then do quotes after if I need to.

All you need to do is plan your day / month / year in advance and set goals.

http://purewash.blogspot.co.uk/2016/01/planning-goals.html

JSMC

  • Posts: 3511
Re: costs of employing
« Reply #23 on: February 11, 2016, 10:04:35 pm »
James how long have you been established?

ascjim

Re: costs of employing
« Reply #24 on: February 12, 2016, 07:08:15 am »
In the 5th year now mate.

I procrastinated for 3/4 years lol

JSMC

  • Posts: 3511
Re: costs of employing
« Reply #25 on: February 12, 2016, 10:12:55 pm »
Well done mate. I used to have a team under me when i worked in a factory. Tbh it was a nightmare some days dealing with everything.

Smudger

  • Posts: 13438
Re: costs of employing
« Reply #26 on: February 13, 2016, 07:28:08 am »
James - did you say your guys are self employed ?

Darran
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

Mick Kent

  • Posts: 1380
Re: costs of employing
« Reply #27 on: February 13, 2016, 08:48:33 am »
The holiday and sick comes out of the profit.

They get paid £10.00 per hour = £80.00 per day.
 
2 man van takes a bare minimum of £300.00 so £140.00 profit for the day.
Some gutter days it can go to £400 - £500 and the best I've had from one van is around £900.00

I only have 3 guys. In 2 vans.

1 is working all the regular domestic work.
There other 2 also have regular domestic work, but have the gutter vac in the van.

So van 1 is always busy all year.
Van 2 takes all the new work coming in and big jobs.

I take £3000.00 a month and the rest stays in the business account.

I work 9-11 on the computer then go gym until 1 and then do quotes after if I need to.

All you need to do is plan your day / month / year in advance and set goals.

http://purewash.blogspot.co.uk/2016/01/planning-goals.html

Do your guys fuel the vans up out of there own money and pay tax and insurence themselfs?? Also mot and servicing. On top of that did they fund buying the van and not you??
If so then yes £140 profit out of a 2 man van!
I think you will find your profit is nowhere near £140 a day from a van.
You have done well but i think you need a reality check.

SB Cleaning

  • Posts: 4287
Re: costs of employing
« Reply #28 on: February 13, 2016, 09:13:18 am »
The holiday and sick comes out of the profit.

They get paid £10.00 per hour = £80.00 per day.
 
2 man van takes a bare minimum of £300.00 so £140.00 profit for the day.
Some gutter days it can go to £400 - £500 and the best I've had from one van is around £900.00

I only have 3 guys. In 2 vans.

1 is working all the regular domestic work.
There other 2 also have regular domestic work, but have the gutter vac in the van.

So van 1 is always busy all year.
Van 2 takes all the new work coming in and big jobs.

I take £3000.00 a month and the rest stays in the business account.

I work 9-11 on the computer then go gym until 1 and then do quotes after if I need to.

All you need to do is plan your day / month / year in advance and set goals.

http://purewash.blogspot.co.uk/2016/01/planning-goals.html

Do your guys fuel the vans up out of there own money and pay tax and insurence themselfs?? Also mot and servicing. On top of that did they fund buying the van and not you??
If so then yes £140 profit out of a 2 man van!
I think you will find your profit is nowhere near £140 a day from a van.
You have done well but i think you need a reality check.
That's what i was thinking ::)roll