Advice on going it alone

[conrad]

The company i worked for just went into administration .
I was all set on trying it alone and have a couple months work lined up, obviously things could change. I have a mortgage, 2 young kids and wife whose not working. Ive had an offer at a mechanical firm who want to start M&E and have offered me jib rate just under £16 ph van etc...which is good for my area north wales. No one pays it. Anyone been in a similar situation. Difficult one
Cheers

 

[123]

If you have 2 months work ahead of you already you are doing ok. Do you have all you need already in place for Self Employment? Tools, Van, Test gear, that Part P Notification thing if it applies to your work?

 

[ChrisElectrical88]

Heard from a mate up that way about your company, take it its the one beginning with F? Take the M&E job if you have been offered it, quite a few lads to find work.

 

[ChrisElectrical88]

Heard from a mate up that way about your company, take it its the one beginning with F? Take the M&E job if you have been offered it, quite a few lads to find work.

 

[conrad]

Heard from a mate up that way about your company, take it its the one beginning with F? Take the M&E job if you have been offered it, quite a few lads to find work.

Thats the one. Falconer Electeicals. I shared an article in the electrians facebook group. I have gone it alone and turned the offer down. Got my insurance sorted etc and will look to going with the niceic asap. Wish me luck

 

[ChrisElectrical88]

Yeah good luck, if you have got the work coming in thays great.

 

[jackhammerJIM]

If you have gone it alone ask the M&E firm if they will use you as a subcontractor ....

 

[conrad]

If you have gone it alone ask the M&E firm if they will use you as a subcontractor ....

I asked that when they offered me the job but theu said no... Then when o declined there offer they said we will be intouch for subcontracting work... Tried my bluff. Fair play they wished me well and said its all aboit having the -------s... Ive worked everyday so far and have work for 2 weeks subbying and my own jobs in between then have 1/2 months of my own work secured. Couldnt have started any better. The amount od support i have had has been amazing. I felt with all the momentum and people wanting to help it was a good time.. 4 sparks have offerwd me subby work to fill in my days which will help massively.

 

[conrad]

Any tips from the sole traders? Useful software etc... I have public Liability sorted etc... Any other insurances required or worth looking at? A hotel has asked me to do the eicrs. Obviously im not registered yet. Am i right in thinking i can certificate(reports not a cert) as its commercial and non notifiable etc also where can i find this in writing so i can show the customer as alot of people are unaware of this?

Thanks.

 

[ChrisElectrical88]

You can do EICRs if competant on blank sheets without registration. You need to set up your business, get accountant, get a scheme application going. Make sure your PL is for 2 milli and covers the work you are doing. Test kit and calibration. I went on my own in september, the scheme will take about 8 weeks from application to been joined. Clik NIC software is very good although currently having teething problems.