Modfather,
I am doing fine, at the moment, and my business is growing, and will hopefully continue, because, I am one of the few with a different skill set, for the last 2 days I have been servicing and repairing machinery in a toolroom for an extrusion company, more mechanical than electrical and machine tool fitting is a different ball game.
Tomorrow I am visiting a potential medical installation with the local health trust and the property owner, one of the local councils to give my advice on how this should be implemented between the 3 organisations, this is on a non-chargeable consultancy basis.
Next week I am servicing more machine tools in both a public organisation (HMP) & private sector companies, a "portable cabin company", I am looking into an upgrade/retrofit on Siemens servo drives for a packaging machine company, with no competition, a retrofit for an Automotive OEM in mainland Europe, and several LEV jobs for public sector organisations and private sector companies.
I also have a rebuild on a machine tool for a school going on and I am part of a formal H&S inspection following a LTI and a RIDDOR reportable incident.
My company is registered as a Domestic Installer with the NICEIC, we get NO work from that, we don't push it, but, being VAT Reg'd pretty much puts us out of the market, if we were not VAT reg'd then we would not get a look in at the work we do.
Now whilst I have given a list of kit and "stuff" for the domestic works to expand to the stuff that I am currently doing, you can add another £5k pa on your overheads at least for insurance, and calibrations of other kit, possibly more, then add the professional institution membership fees, then add the costs of CPD, then add the additional sales overhead, then add the safety scheme overheads, then add the RA & MS costs, then add the cost of sales, then add on the additional specialist test equipment and tools, and the things like software that costs around £4k just to do one job, then add on the cost of a workshop, machine tools, welding equipment, tooling for the machine tools, etc. etc.
Then add on the Professional Indemnity Insurance, and, all of sudden it becomes SERIOUS money.
Yes I have more qualifications than a domestic electrician, but I spent over 20 years getting qualified all the way to level 5, so it is a little more complex than getting a domestic qualification if you want to get the big bucks!
I am doing fine, at the moment, and my business is growing, and will hopefully continue, because, I am one of the few with a different skill set, for the last 2 days I have been servicing and repairing machinery in a toolroom for an extrusion company, more mechanical than electrical and machine tool fitting is a different ball game.
Tomorrow I am visiting a potential medical installation with the local health trust and the property owner, one of the local councils to give my advice on how this should be implemented between the 3 organisations, this is on a non-chargeable consultancy basis.
Next week I am servicing more machine tools in both a public organisation (HMP) & private sector companies, a "portable cabin company", I am looking into an upgrade/retrofit on Siemens servo drives for a packaging machine company, with no competition, a retrofit for an Automotive OEM in mainland Europe, and several LEV jobs for public sector organisations and private sector companies.
I also have a rebuild on a machine tool for a school going on and I am part of a formal H&S inspection following a LTI and a RIDDOR reportable incident.
My company is registered as a Domestic Installer with the NICEIC, we get NO work from that, we don't push it, but, being VAT Reg'd pretty much puts us out of the market, if we were not VAT reg'd then we would not get a look in at the work we do.
Now whilst I have given a list of kit and "stuff" for the domestic works to expand to the stuff that I am currently doing, you can add another £5k pa on your overheads at least for insurance, and calibrations of other kit, possibly more, then add the professional institution membership fees, then add the costs of CPD, then add the additional sales overhead, then add the safety scheme overheads, then add the RA & MS costs, then add the cost of sales, then add on the additional specialist test equipment and tools, and the things like software that costs around £4k just to do one job, then add on the cost of a workshop, machine tools, welding equipment, tooling for the machine tools, etc. etc.
Then add on the Professional Indemnity Insurance, and, all of sudden it becomes SERIOUS money.
Yes I have more qualifications than a domestic electrician, but I spent over 20 years getting qualified all the way to level 5, so it is a little more complex than getting a domestic qualification if you want to get the big bucks!
