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Walter Mitty

  • Posts: 1314
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #60 on: February 09, 2018, 07:08:07 pm »
10k. After tax per month? Not good?

Are you lot serious?

10k a month after tax is bordering on financial freedom for alot of people.

Especially if you dont have to do anything for it. The business runs itself.

Ashbash and Tom 01 The numptometer is swinging up into the red for you guys.

Anyone would have to do quite a lot for it still. The stress may be a bit less but it wouldn't be gone. When its yours, everything stops with you. Hence why I personally would want to see more than £10k from £800k.

To compare £10k and £800k is a tad misleading because you are looking at different timescales.  More accurate to compare £120k with £800k or £10k with £66.6k

Tom-01

  • Posts: 1348
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #61 on: February 09, 2018, 07:23:17 pm »
10k. After tax per month? Not good?

Are you lot serious?

10k a month after tax is bordering on financial freedom for alot of people.

Especially if you dont have to do anything for it. The business runs itself.

Ashbash and Tom 01 The numptometer is swinging up into the red for you guys.

Anyone would have to do quite a lot for it still. The stress may be a bit less but it wouldn't be gone. When its yours, everything stops with you. Hence why I personally would want to see more than £10k from £800k.

To compare £10k and £800k is a tad misleading because you are looking at different timescales.  More accurate to compare £120k with £800k or £10k with £66.6k

That's true.  So £800k minus £680k in costs and tax.

ashbash

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #62 on: February 09, 2018, 07:32:40 pm »
i am not bickering with you Lee its an observation on a post you made on a forum. Your profit should be higher for what you have in place. So you have sold your house to buy vans to sit on a drive gathering dust :o You have 3 vans sitting there and yet you cant fill them with work but a bucket load of customers to up sell to. The data you put up shows your gutters etc as a add on service is so low the person is charge of the up selling needs the boot.  I mentioned that i feel sorry for you because you say your so stressed and yet gearing up for more stress trying fill 3 vans. Id be intrigued to know your current take home and the current sacrifice you have had to make to get to a position where your stressed.
as for the money you need to generate another 15 k a month to hopefully make 10 k a month including the already half a mill turnover. You need your head wobbling. 
marc im only observing on his posts. If he gets his head out of his bum he will see everything i have put is always positive when following his posts. As far as a numpty goes in business i do alright.  give us a twinkle if you would like a few tips pal as i see your pretty new to the game.


Tom-01

  • Posts: 1348
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #63 on: February 09, 2018, 07:35:13 pm »
Surely at that size of turnover with such low profit  franchising has to be the best route?

11 Franchisees doing about £72k a year each. You'd make a shed load from each initial fee with that offer.  Probably enough to get back half what was spent investing.

Charging 22% royalty will bring in £176k before tax and expenses.

No more employee headaches. No more van maintenance. No more a lot of things.

That's the model whereby you are a lot less involved in running a business.

Hell I might even sell my house and put in all the £500k into my business! Plus my mum makes a wicked roast and my Dad always has beer in the fridge. Mrs might not be too happy though.

Mick Kent

  • Posts: 1380
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #64 on: February 09, 2018, 07:42:50 pm »
AshBash.
Whats your company called? Im guessing your a big player with your sound advice with upselling etc?

ashbash

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #65 on: February 09, 2018, 07:45:53 pm »
hi mick doesnt matter how much of a big player you are. Im already where this guys wants to be in the future, semi retired, living in the sun, big house and all that bollox. 

Tom-01

  • Posts: 1348
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #66 on: February 09, 2018, 07:50:36 pm »
hi mick doesnt matter how much of a big player you are. Im already where this guys wants to be in the future, semi retired, living in the sun, big house and all that bollox.

That sounds like the life mate.

My wife is from Brazil and really misses good weather. I have a good business and think I could be a lot less involved and live elsewhere with a bit of tactical thinking.

Do you still run a business?

Walter Mitty

  • Posts: 1314
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #67 on: February 09, 2018, 07:51:37 pm »
10k. After tax per month? Not good?

Are you lot serious?

10k a month after tax is bordering on financial freedom for alot of people.

Especially if you dont have to do anything for it. The business runs itself.

Ashbash and Tom 01 The numptometer is swinging up into the red for you guys.

Anyone would have to do quite a lot for it still. The stress may be a bit less but it wouldn't be gone. When its yours, everything stops with you. Hence why I personally would want to see more than £10k from £800k.

To compare £10k and £800k is a tad misleading because you are looking at different timescales.  More accurate to compare £120k with £800k or £10k with £66.6k

That's true.  So £800k minus £680k in costs and tax.

It's a labour-intensive industry.  Wages will necessarily take a big chunk, especially if wishing to retain the better workers.

Tom-01

  • Posts: 1348
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #68 on: February 09, 2018, 07:55:13 pm »
10k. After tax per month? Not good?

Are you lot serious?

10k a month after tax is bordering on financial freedom for alot of people.

Especially if you dont have to do anything for it. The business runs itself.

Ashbash and Tom 01 The numptometer is swinging up into the red for you guys.

Anyone would have to do quite a lot for it still. The stress may be a bit less but it wouldn't be gone. When its yours, everything stops with you. Hence why I personally would want to see more than £10k from £800k.

To compare £10k and £800k is a tad misleading because you are looking at different timescales.  More accurate to compare £120k with £800k or £10k with £66.6k

That's true.  So £800k minus £680k in costs and tax.

It's a labour-intensive industry.  Wages will necessarily take a big chunk, especially if wishing to retain the better workers.

I agree. But the profit is very low. Maybe it's a pricing issue, or there's money being spent naively on things, or both perhaps.

Marc Stock

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #69 on: February 09, 2018, 07:56:30 pm »
Quote
give us a twinkle if you would like a few tips pal as i see your pretty new to the game.

Nope i'm not new to the window cleaning game been doing it now for 15 years, but yes i would be happy to contact you i'm always happy to take on board any tips you might have. I'm on a much smaller business expansion push, £80k in 15 months. My email is info@stockclean.co.uk i look forward to receiving your contact details so i can call you to ask advice.


ashbash

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #70 on: February 09, 2018, 08:05:37 pm »
Thats the point i was trying to make tom but it fell on deaf ears. Hes got an amazing business turning over half a mill but needs to keep grafting and expanding throwing money at something when like you said franchise it with a decent manager and no stress and sail of in to the sunset.  Surely either the people in charge of pricing, or the people in charge of making the most from the huge amount of customers he has need sorting.
yes i run my own small business in comparison  ;D from south of spain,  living the dream an that  ;D ;D
i reality i have children and just had enough of the uk and wanted to give them a better childhood so i did what i had to make it happen

ashbash

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #71 on: February 09, 2018, 08:07:49 pm »
marc i was joking pal,  i watch a couple of your vids and you seem to be smashing it.  like the main man dazmond said turnover vanity, profit sanity. you will never see that guy come across negative, never seems stressed, earns a decent screw............. job done

Arnold Palmer

  • Posts: 20800
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #72 on: February 09, 2018, 08:15:51 pm »
I have one criticism of Lee.

Stop posting on here about how you are doing.
#aliens

CleanClear

  • Posts: 14745
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #73 on: February 09, 2018, 08:19:08 pm »
Again not reading the previous posts which answer this.

We do not use cleaner planner for accounting or expenses., so no that is not profit.

I've never missed a beat mate. The figures have still been filled in, i was just asking what they represent. I'm unsure of the point you're making with your original post as you may have well of said........... this is what i turned over.....[in certain timeframe]. Anyone , and there's plenty here , knows what a van can turnover. Aside from the fact you have more vans  i'm struggling to find out what it is you have done thats so different from anyone else ?    Van + Work+employee=profit/wage ...... Some people dip their toe in with investment in one van and are comfortable. Some go more......  Is there something groundbreaking and new here  that you've done 'cos i seem to be missing it ?
*Status*--------Currently Online---------

CleanClear

  • Posts: 14745
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #74 on: February 09, 2018, 08:19:50 pm »
I have one criticism of Lee.

Stop posting on here about how you are doing.

You can't tell how he's doing , thats the point i'm making and others have made.
*Status*--------Currently Online---------

Marc Stock

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #75 on: February 09, 2018, 08:23:09 pm »
marc i was joking pal,  i watch a couple of your vids and you seem to be smashing it.  like the main man dazmond said turnover vanity, profit sanity. you will never see that guy come across negative, never seems stressed, earns a decent screw............. job done

Vids? I haven't put up any vids.

 :-\

Mick Kent

  • Posts: 1380
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #76 on: February 09, 2018, 08:33:29 pm »
hi mick doesnt matter how much of a big player you are. Im already where this guys wants to be in the future, semi retired, living in the sun, big house and all that bollox.

No Uk window clean are you?
I know the owner sits in the sun whilst all his 22 vans are killing it nationwide in the UK.


Marc Stock

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #77 on: February 09, 2018, 08:37:21 pm »
Well if hes living in Spain hes gonna have the sun sea and sand. Big houses in spain are 10 a penny, good for him.


Og

Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #78 on: February 09, 2018, 08:51:05 pm »
Fantastic stuff! Profit margins a lot better than many other industries.
Keep us all posted!

Splash & dash

  • Posts: 4364
Re: Not a bad start to the year considering the weather. Push to 800k lol
« Reply #79 on: February 09, 2018, 09:16:08 pm »
Lee, what do you see yourself doing in 15 years?

In a few years I plan to either set up another base and try to double the business or set up a completely different business. I have a few ideas for something else at the moment.







Any further news on the hot water idear you are working on ???