Losing Plumbing Jobs To Cut-Throat Quotes From Competition

ColJack · 21 Jul 2009

Van £14000 (Over a 3 year period 4666.667 per year) not including finance

well that's just not right is it?
you say 14000 over 3 years.. at which point you still have a van worth, say, 10000 ( or whatever it's depreciated to )..
you can part exchange this for a new van meaning you pay the difference, or if you keep the van then it's not spread over 3 years is it?

WoodYouLike · 21 Jul 2009

Nope. If you place the van in the fixed assets you depreciate it the way it is above (3 years = £ 4666.66 annual).
Where you sell your van for is seen as profit on assets if you sell it for more than the book value at that moment in time (if there's still a book value, after 3 years the book value = 0)
The yearly depreciation are part of your total costs of running a business

fattony · 21 Jul 2009

I can't believe some of these comments, Im currently working out how much it costs to run a small company and these costs have to be passed onto customer, Van included - it is a required tool

obiplumbkinobi · 21 Jul 2009

seco services said:
obiplumbkinobi said:

Van insurance £1000

Public Liabilty £1000

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i would be shopping around abit better

5 million public liability, temporary workers, tools, hot works etc.

5 points on the license, London on the street parking.

obiplumbkinobi · 21 Jul 2009

What would be a fair hourly charge then?

Bodd · 31 Aug 2009

ColJack said:
ChrisR said:

ColJack , you obviously don't run your own business. You allow for fuel, but leave out masses. What about financing the vehicle, for a start!?

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and what about financing the car to get me to work? same thing but I don't get to charge my boss for it do I? it comes out of my wages..

Then there's no pension, no sickness pay,

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same here, only statutory after so many days and that's government paid so you shoukd get that too..

and no holiday pay.

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, ok you got me there..

Take the bus then.

Losing Plumbing Jobs To Cut-Throat Quotes From Competition

ColJack

WoodYouLike

fattony

obiplumbkinobi

obiplumbkinobi

Bodd

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