calculating rates and business plan

I think you are over complicating matters. Work your figures based on working 4 days per week, 8 hours per day, 44 weeks per year and you won't be far out. Anything extra is a bonus.
 
the 38% includes for annual leave pay, sick pay, public holiday pay among others.

At the end you then add in Annual holidays .......... = 4.0 weeks
Paid public holidays – 9 days ……… = 1.8 weeks
Paid sick/family leave – say, 10 days … = 2.0 weeks

And you feel they are they not accounted for twice?

I agree with Murdoch, this is far too complicated.

I would remove the 38% and work out all your costs over the year...

I am not here to teach business practices, I am not qualified to do so. However i have seen a flaw in the one you present, and thought it should be pointed out.
 

OFFICIAL SPONSORS

Electrical Goods - Electrical Tools - Brand Names Electrician Courses Green Electrical Goods PCB Way Electrical Goods - Electrical Tools - Brand Names Pushfit Wire Connectors Electric Underfloor Heating Electrician Courses
These Official Forum Sponsors May Provide Discounts to Regular Forum Members - If you would like to sponsor us then CLICK HERE and post a thread with who you are, and we'll send you some stats etc

Advert

YOUR Unread Posts

Advert

Thread statistics

Created
bobzzz,
Last reply from
Southern22,
Replies
17
Views
3,443

Advert

Back
Top