!..I need to earn £1800 pm as a self-employed Domestic Electric installer..!

[se7aq]

Ay up each

I need to earn £1800 p/m as a self-employed Domestic Electric installer, am I lving in a dream world..?!

 

[rmc86uk]

How you meant to put the hours in if the firms you work for are all on basic hours, no overtime, no expenses and got you by the ********!

Sent from my HTC Desire using Tapatalk

 

[SirKit Breaker]

Do you mean you need to take home £1800 a month, if so you will need to earn a bit more for tax etc.

Yes £50k is achieveable, i have done it, but it didn't happened overnight. You can't just chuck your salary away on Friday, and expect the phone to ring off the hook on Monday when you have gone it alone. It will take a lot of time and effort to get established, the work will not come to you.

I now prefer a bit of an easier life so i no longer do £50k, but i know the work is there if i want it.

Cheers.........Howard

 

[MvP Electrics]

work a 30 day month and work for £70-100 a day. ull hit ur target no probs.

 

[TPES]

I would love to earn that a month.

Qualified, 2330, NVQ3, 2391, Registered installer... I'm not touching anywhere near 1800...

It's terrible..

Really gets me down sometimes having wife and kids to look after.... I'll never ever get a mortgage.

I think to myself has it all been worth it??? And the answer is no..not really. Only benefits I have is not having boss to answer too, but financially... I may aswell be employed.

 

[netblindpaul]

It is possible to top £1k per day guys come on,even in todays climate.
Should be easy to do around £400-500/day?

 

[pennywise]

Yep £400 to £500 is easy just got to have 3 to 4 guys making £40 to £50 off their backs plus the mark up on the bits and be married to your mobile

 

[Bradzz]

Talk to us all about it then please, tell us how you do it.

It is possible to top £1k per day guys come on,even in todays climate.
Should be easy to do around £400-500/day?

 

[eskimo39]

I don't get out of bed for less than £500 a day. I wish!

In 2009 I earned about £33k before tax which averaged around £2750 per month pre tax, however last year 2010 I only earned £26k which is £2166 per month pre tax and for that I spent around £7k on tools, consumables, advertising, training course, memberships, certificates making my real wage £19k for the year pre tax. Not sure how much I spend in 2009 but I imaging it was around the £10k mark but don't have my records that far back on computer.

For my sums, to make £1800 per month pre tax you only need to be on £11.25 per hour which is well below what you can charge for yourself, the hardest part is getting 40 hours per week.

To keep busy over the last couple of years I have branched out and now do data, alarms, cctv, aerials, satellite and home automation as well as general electrical work. Some may say a 'Jack of all trades' but most of the work I now get can include a bit of each without compromising on my quality.

I assume by being so specific on the amount needed per month, you have worked out your outgoings and living expenses and £1800 is what you are looking at spending per month to sustain a quality lifestyle? Keep in mind that domestic work is never guaranteed to be the same every month and some months you find it harder to earn.

 

[Des 56]

I need to take a good look at myself, because the wages and figures thrown about on here, £200 pound per day

If someone was earning that sort of money in my area,they would be suspected of winning the lottery, or gaining an inheritance from a familly member who probably lived in that land of 200 plenty

I think some who recieve these high salaries/ wages/ income are oblivious to the ultra low comparison with other areas in this land

If some of the prices I here on this forum were charged in my area,they would hardly ever work, if at all
A wage of just over 200 per week is more the norm never mind 200 per day

 

[nickblake]

What you really need to earn is a wage that will cover your bills and give ou a little money to put aside for the "rainy days " as we used to say , in this country there are so many people living outside there means , yes we all like the luxuries in life but essencial bills and putting food on the table comes first ,the 54 inch plasma screen is way down my list

 

[malcolmsanford]

the 54 inch plasma screen is way down my list

And mine Nick ...................though the LED one is creeping to the top.

 

[Octopus]

What you should be asking yourself is could you manage on zero - £1000 per month for the first year? Things are tough out there at the moment and you'll have scheme registration, insurance and tools to buy!

 

[TPES]

I don't get out of bed for less than £500 a day. I wish!

In 2009 I earned about £33k before tax which averaged around £2750 per month pre tax, however last year 2010 I only earned £26k which is £2166 per month pre tax and for that I spent around £7k on tools, consumables, advertising, training course, memberships, certificates making my real wage £19k for the year pre tax. Not sure how much I spend in 2009 but I imaging it was around the £10k mark but don't have my records that far back on computer.

For my sums, to make £1800 per month pre tax you only need to be on £11.25 per hour which is well below what you can charge for yourself, the hardest part is getting 40 hours per week.

To keep busy over the last couple of years I have branched out and now do data, alarms, cctv, aerials, satellite and home automation as well as general electrical work. Some may say a 'Jack of all trades' but most of the work I now get can include a bit of each without compromising on my quality.

I assume by being so specific on the amount needed per month, you have worked out your outgoings and living expenses and £1800 is what you are looking at spending per month to sustain a quality lifestyle? Keep in mind that domestic work is never guaranteed to be the same every month and some months you find it harder to earn.

SNAP!

But like I say... Is it really all worth it, 19k

You can earn that employed by someone not even in a trade, and have no late nights doing paper work, out quoting etc plus the other jobs and commitments taking up your time being self employed..

 

[BlueToBits]

I get around 15 letters or emails every week from recently redundant electricians, wannabe apprentices or career change hopefulls. Many are prepared to work for free just to get some experience. Work is thin at the moment and there are more and more new start-up installation companies popping up everywhere. All are cutting prices and many are cutting their throats to win a bit of work. Electrical installation is not an easy option at the moment. Try banking.

 

[RWJ]

I get around 15 letters or emails every week from recently redundant electricians, wannabe apprentices or career change hopefulls. Many are prepared to work for free just to get some experience. Work is thin at the moment and there are more and more new start-up installation companies popping up everywhere. All are cutting prices and many are cutting their throats to win a bit of work. Electrical installation is not an easy option at the moment. Try banking.

Was about to post the same....

As I've said before many, many time we no longer "do Domestic" because it's saturated with Domestic Installers charging as little as £5 ph...... YES I DID NOT MAKE THAT UP £5.... OK for cash... but it's the world we're in