Start up equipments and van lease/financing

[WarwickApp]

I’m in the process of getting myself organised to start up my own electrical business next year. I don’t want to come unstuck so I’m trying to cover every base so when it comes to the time and I finally declare myself as a ltd company I want to make sure I’ve got everything I need and no nasty surprises hit me. I’ve made a pretty long list of things I need to get and I’m ticking it off bit by bit. Are there any things you would recommend getting? I should probably add I’m going to be solely domestic.

also, what’ve you lot done about vans? I won’t have the cash to buy one outright, not even an older one really. I was thinking about financing a van a few years old. Or maybe even leasing? Any of you able to tell me any good lease deals? Also does anyone know the crack with getting a leased van sign written?

Any advice would be much appreciated .
Thanks.

 

[telectrix]

mate of mine just had a leased electric van, think it's a kangoo. costs him £175/month. no fuel costs, 0 road tax.

 

[DefyG]

Accountant/Book keeper.
Public Liability Insurance
Savings account for your first and subsequent tax bills

 

[mattg4321]

Tools
Scam membership
Phone
Accounting software
Test equipment and calibration
Advertising
Etc etc etc

 

[DefyG]

Trade accounts
Unbreakable Flask
Clients - Advertise Now

 

[MJPD29]

Trade accounts
Unbreakable Flask
Clients - Advertise Now

Strongly recommend the stanley flask

 

[Dave OCD]

Good to see the flask getting top priority, if working in domestic though you should be fine, although I can pass on a few handy hints to get the slower customers putting the kettle on. ?

 

[hasel5]

Forget going Ltd a right ball ache stay sole trader

 

[DJAndy]

Trade accounts
Unbreakable Flask
Clients - Advertise Now

I got a Haushof travel mug as a gift.

Fits in a normal size cupholder, stays hot (as in burn your tongue) for many hours, can be operated whilst driving (unlike my flask).

 

[Dustydazzler]

Good set of knee pads , back brace , wrist supports and tool box with a bazillion tools in it 90% of which you will rarely use

 

[suffolkspark]

Imo start off sole trader and keep your overheads as low as you can, if your bookkeeping is likely to be simple just use a free program like VT cashbook (I've been using it for 8 years) does everything I need. Would highly recommend stretching to buy an older van outright until you've built up a customer base. Get a decent test meter but I wouldnt go megger personally, KT63DL will do all you need at a low price, and then pay your scam membership, you can split that over a few months, and just go mid priced hand tools. Worked for me.

 

[Dustydazzler]

Also check eBay for pre owned tools , loads of decent C.K , Knipex , Wera stuff on there for a fraction of the retail price. you honestly don’t need to spend much on a basic tool kit to get you started.