- Reaction score
- 10,215
You will be supprised but you will need to cover lot more than that, you have P.I. insurance, P.L. insurance, travel costs, no holiday pay, accountant costs then using your own vehical will up the repairs fuel and insurance on it; look at doubling that £400 easily, if you work from home with no work premises to shell out for that is.
Then cash flow, you need cash flow or you will fail very quickly customers dont like paying until jobs done.
If the company isn't making profit it may take years to bring the company down but cash flow will take you down in months.
Then cash flow, you need cash flow or you will fail very quickly customers dont like paying until jobs done.
If the company isn't making profit it may take years to bring the company down but cash flow will take you down in months.
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