Alan
Over heads on a £50k turnover
Vehicle payments or depreciation £4k
Fuel, tax, insurance , repairs £4-£5k
equipment £2k- £3k
advertising , envelopes , computer £2k
Insurance , subscription etc £500 ?
Telephone £300
use of home as office £520
protective clothing £100
Laundry £100
Accountant £400
Training / trade shows ?
Loan interest and charges ?
Employee costs ? £5k ( Most people dont take £50k on there own)
Bad debts ?
Just a guess really,
but there is more to it than most people think
Depreciation - second hand van, closer to 1.5k per year
Fuel - 2k
Insurance + tax - 1k
Equipment - buy a decent ro and you're looking at closer to £300 a year including resin - the fact that you choose to di only, well thats up to you.
advertising etc - we don't need to, £0
stationary - £100
insurance - £500 granted
telephone - you got a seperate line? disregarded as most use their own mobile which they would be paying for anyway.
protective clothing, laundry - get a grip, those are living costs, and whoever bought protective clothing to clean windows - a hi-vis vest £3
accountant - do your own if you are that bothered, not hard to do.
training, trade shows - if you really want but a waste of time and money.
Employee costs - the question was to turn over £30k not £50k so I'm disregarding this one as well.
ave the bottom line is can a sole trader make £30k a year pre-tax, the answer is yes. As I have already explained it is not that hard. As for costs, again, that isn't what they guy was asking. Before I employed I earned approx £40k a year on my own, I still had 4 weeks a year holiday too, sensible pricing and a determined work ethos is how I did it and thats up here in Scotland, not like some parts of England where it seems no one will clean a 3 bed semi for less than £15.
Sorry to go on but I have done it myself, easily.