A question for the self employed
#16
Re: A question for the self employed
That's a bit steep innit - does Debs know that's what you call her?
;-)
#17
Re: A question for the self employed
Thanks guys, much appreciated, will probably bung it somewhere in the middle and see what happens
Jazzys
Jazzys
#18
Forum Regular
Joined: Jan 2010
Location: Northamptonshire
Posts: 64
Re: A question for the self employed
HI
We are not in Australia - yet. But my husband has his own business in the lift industry.
He charges between £250 or £300 per day for labour as a lift fitter depending on the job which is average for the area. If he has to travel a good distance he will add fuel cost, if working weekends time and a half. Staying away , hotel cost plus subsitence cost.
If we are pricing up a job we would cost out the materials - looking on the net or using our local supplier price list and add a bit incase you break something, need extra. Add some for delivery if required. Add the labour and then some profit i.e. 30, 40 or 50 gross margin - what ever the current market will bear. You can always negotiate.
For example this is a quote we did the other day for additional works at a job already quote for.
Material 1 - 10 No = 300
Material 2 - 5 No = 25
Material 3 - 40 No = 50
Material 4 - Pack 100 = 10
Delivery = 50
Sundries = 25
Tool = 30
Labour 2 Days = 500
Sum = 990
40% GM = 1386
50% GM = 1485
So we sent quote for £1490 plus VAT as it seemed like the right kind of price and it was accepted.
To the same customer with another quote we sent a 40% GM and they said it was verging on too expensive as he didnt have enough money in the contract and we wanted the work so reduced to 35% GM and were accepted.
Hope this helps?
We are not in Australia - yet. But my husband has his own business in the lift industry.
He charges between £250 or £300 per day for labour as a lift fitter depending on the job which is average for the area. If he has to travel a good distance he will add fuel cost, if working weekends time and a half. Staying away , hotel cost plus subsitence cost.
If we are pricing up a job we would cost out the materials - looking on the net or using our local supplier price list and add a bit incase you break something, need extra. Add some for delivery if required. Add the labour and then some profit i.e. 30, 40 or 50 gross margin - what ever the current market will bear. You can always negotiate.
For example this is a quote we did the other day for additional works at a job already quote for.
Material 1 - 10 No = 300
Material 2 - 5 No = 25
Material 3 - 40 No = 50
Material 4 - Pack 100 = 10
Delivery = 50
Sundries = 25
Tool = 30
Labour 2 Days = 500
Sum = 990
40% GM = 1386
50% GM = 1485
So we sent quote for £1490 plus VAT as it seemed like the right kind of price and it was accepted.
To the same customer with another quote we sent a 40% GM and they said it was verging on too expensive as he didnt have enough money in the contract and we wanted the work so reduced to 35% GM and were accepted.
Hope this helps?
#19
Re: A question for the self employed
Hey, you happy back there mate? Last I heard you were heading either back to U.K or to Melbourne. Deadcliff doesn't suit everyone
#20
Re: A question for the self employed
What type of insurance is it i need to be self employed working in / on other peoples properties. Is it just public liability insurance? Or do i need more than that?
Cheers
Jazzys
Cheers
Jazzys
#21
Re: A question for the self employed
You need public liability circa 1k per year for 5mil of cover.
#23
Re: A question for the self employed
Mine is $851 per year inc stamp duty & GST, the builders I work for insist on minimum 5 million cover as do the QBSA as part of my licence conditions.
Each year we do a quick phone around but usually Suncorp or Master Builders are the cheapest.
Each year we do a quick phone around but usually Suncorp or Master Builders are the cheapest.
#24
Re: A question for the self employed
J
#25
Re: A question for the self employed
Yes you pay to join them & the cost of joining is the same as you save on your premium. Well it was when we last used them. I just spoke to the o/h & she says the premiums actually dropped considerably a couple of years ago. My figure was from 2006 she can't remember what it is now.
#26
Re: A question for the self employed
Yes you pay to join them & the cost of joining is the same as you save on your premium. Well it was when we last used them. I just spoke to the o/h & she says the premiums actually dropped considerably a couple of years ago. My figure was from 2006 she can't remember what it is now.
J
#27
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,814
Re: A question for the self employed
One wonders if he has managed to afford to buy a new bed yet or whether he is still sleeping on an inflatable one.......
#28
Re: A question for the self employed
Hope you are well my dear?
#29
Joined: Nov 2008
Posts: 1,144
Re: A question for the self employed
Are you in QLD , be careful about your license obligations, you may need to think about what paperwork you are filliing out and make a plan. I think the QBSA like a license to hang coat hangers
good luck
Vivienne
#30
Account Closed
Joined: Apr 2006
Posts: 10,784
Re: A question for the self employed
I pay $102 a month for 20 million p/l. Shopping centres etc like that but we have some high risk activities.
Are you in QLD , be careful about your license obligations, you may need to think about what paperwork you are filliing out and make a plan. I think the QBSA like a license to hang coat hangers
good luck
Vivienne
Are you in QLD , be careful about your license obligations, you may need to think about what paperwork you are filliing out and make a plan. I think the QBSA like a license to hang coat hangers
good luck
Vivienne