Outgoings

[Richard 1234]

Flyers are working exceptionally well for us. Usually get around 100 leads and 55/65 jobs from them which I think is pretty good. Around £3000 profit per 15,000. Tried Adwords, waste of time for us!

 

 

That is working well for leaflets. Maybe I'm just grumpy as I chuck All leaflets in the recycle bin!

If you are clearing £3k a month after expenses wages etc in 2 years your doing well imo

 

To clarify my advertising expenses or lack of them. I do grass cutting and hedge cutting. I have all the clients I need now so any new one get priced higher and I either make time or drop the cheapest client. In your business I think you need a far larger client base to keep busy.

 

 

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Edited February 19, 2017 by Richard 1234

[Thesnarlingbadger]

Advertising is around £650 per month.

 

 

I'd say that is one area you can cut down on costs. I spend around £50 a month on advertising, this includes a local paper and my website.

Flyers only get handed out if people ask or I do a nice reduction on a big tree I may pop some through neighbours letter boxes.

 

 

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[Stephen Blair]

Advertising, £37 a year for my website hosts. This month I'm sign writing a vehicle so another few hundred quid.

It doesn't matter how much your business costs to run, it how much you have left after spending that! That's the important bit.

[richy_B]

I'm only a small business and my overheads before wages are around £100 a day (based on 5 days a week, 50 weeks a year). Rent and base utilities make up the lion share of this, i am london based though. Accounting costs are a couple of thousand, insurance (public, employee, hired in plant, own kit, 3 x vehicles) is around £3.5k. It quickly adds up.

[Johny Walker]

I'm only a small business and my overheads before wages are around £100 a day (based on 5 days a week, 50 weeks a year). Rent and base utilities make up the lion share of this, i am london based though. Accounting costs are a couple of thousand, insurance (public, employee, hired in plant, own kit, 3 x vehicles) is around £3.5k. It quickly adds up.

 

£2k on an accountant, thats seems heavy

[richy_B]

£2k on an accountant, thats seems heavy

Perhaps it is. They do VAT, annual return, yearly accounts, payroll, pensions and items relating to directorships for us.

[Billy]

A reasonable amount, could do less or more depending on the rate of growth you're after.

[eggsarascal]

A reasonable amount, could do less or more depending on the rate of growth you're after.

 

This says nothing Billy.

 

Do you think £108/day is a lot to run a van and chipper?

[Matthew Storrs]

Mine is about £90 per working day, running a 3 tonner with trailers and attachments etc, tractor and postrammer and Landy.i have no staff.

 

That's diesel, finance, maintenance cost, yard, insurance and a fairly modest amount on advertising- I believe your work should be your main advertising when you have been running long enough.

 

There are always going to be variables to determine an exact day to day running cost, such as depreciation calculations and diesel usage etc.

[richy_B]

Its certainly wise to sit down for a few hours a QTR and look at what you're spending. Some costs can spiral but as they're little and often you might not notice them. You can nearly always save 5% going through it.