Re: Starting Plumbing Business
Hi
Just a couple of points to add to the good advice above:
- I would see an accountant in public practice first to establish all of your compliance registrations.
- Ask the same person how you should work out your charge out rates & how to calculate the overheads you will have to cover with those rates. This is the most basic function you must stay on top of.
- If you are not fully confident about doing your financials, engage a book keeper to do it for a start and concentrate your efforts on looking at each job & the profit made; your billing system; & establishing some of the marketing ideas suggested already.
Good luck.
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