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edward1

  • Posts: 423
employing again
« on: March 08, 2017, 09:46:21 am »
hi guys,
just thought id put this out and c what u guys think,
After employing people 20 yrs I lost a big contract and am now back on my own.(I never found employing easy ,but did make profit ,at one point had 8 employees.)

Now im to busy again and can not cope with the work load im also over 50.
If my sums are correct if I employee someone I should after costs make 13/15 k net  per van.
so u need 3 vans to make one income. And probably 4 to make it pay.

the draw is that the work is there ,it can be done ,the rub is that employing is a pain.and running 4 vans is   a job ,a lot of work and quite an investment.
 8)

Michael Peterson

  • Posts: 1741
Re: employing again
« Reply #1 on: March 08, 2017, 10:11:22 am »
Inwould streamline my work over the next two years better and double the turn over for one van the turnover seems low

edward1

  • Posts: 423
Re: employing again
« Reply #2 on: March 08, 2017, 10:27:45 am »
mike ,
the turnover would be around 55k .the net profit 13/15

johnwillan

  • Posts: 313
Re: employing again
« Reply #3 on: March 08, 2017, 10:40:21 am »
the draw is that the work is there ,it can be done ,the rub is that employing is a pain.and running 4 vans is   a job ,a lot of work and quite an investment.

Have you considered franchising? You might wish to visit jolisian.co.uk, it's run by Ian Lancaster who has contributed many useful posts to this forum.

HTH

John

edward1

  • Posts: 423
Re: employing again
« Reply #4 on: March 08, 2017, 10:42:43 am »
have u done that john