View Single Post
Old 06-02-2008   #2 (permalink)
nick penfold
Member
 
Join Date: Feb 2008
Location: Cornwall UK
Posts: 40
View nick penfold's Photo Album
Default Re: thinking about starting on my own

Think that it very much depends on what area of the country you intend to work. Inner city London compared to a quiet suburb in Devon would show a great difference in hourly rate. I found DYNOROD new plumbing section on their website gies you an idea of what their franchises charge for set jobs like installations of sanitary ware.

Other than that all i can tell you is what me and my family (all plumbers) do.

*Free estimates and free quotes
*arrange with customer either hourly or price for overall charge
* No longer do 24 hr service so regular hours call out has no charge added.
* Any emergency call out my dad normally slaps a small charge on
* We charge petrol and time for long trips to work
* Here in Cornwall the average hourly rate is between £20 and £30 per hour but dont quote me on it.

We also up our rate if were very busy or lower our rate if we go a bit quiet. we dont expect to get every job on the quotes we give however.
depending on what trade discount you get on materials you can decide on how much (if any) to give to your customer.

The self employed part is easy for us as my broski is an accountant but you would need to contact the HMRC and let them know you have gone self employed.

You will also really want to take out public liability insurance just in case.

I think most of us have an idea inside how much WE would pay for a certain job to be done so use your own thoughts on what is cheap and what is extortionate.

Hope that kinda helps and gets some other peeps to add their thoughts

Nick
nick penfold is offline   Reply With Quote