il78 said:
Just browsing your site, very interesting Jim........are they the usuall charges within your area....as it seems you aint charging enough......
If we put a spark in a van it costs us around £19 an hour and thats just for the spark to sit there......
WE make enough money, don't you worry about that.
Many contractors price themselves out of work simply because they do not know how to figure their overheads properly..it isn't an easy matter at all, get it wrong and you lose money.
We pay our guys £15.20 an hour (normal hours), they all hold CIS 4's and thus there is no tax burden on the company for employee's..well except the office staff.
We pay way above the average to ensure we have the best sparks available and to ensure we keep them. We treat them with respect, they are provided with work clothing, which we clean for them, they have the vans and all fuel is provided for the vehicles.
Power tools and plant belong to the company, hand tools to the Guys, if they require a specialist tool for a specific job, we will supply it.
Last year the company made a after-tax profit that we are more than pleased with as it was a 5.9% increase on the previous tax year. Estimates are that this year our profits will have risen by around 11%...accounts being completed at this time so don't know the exact figure.
We don't make HUGE amounts of money, but I make a living from Franklin-Wood and so do my partners.