Setting up as Spark in Lincoln

[peebo]

Can somone tell me how things are for Sparks at the moment I will be leaving the Raf in November and will be setting up by myself in Lincoln.

Thanks for replies.

pb

 

[batty]

Welcome to the forum. I would say now is not a good time to be setting up a new company there are plenty of sparks with no work at the moment and they have been trading for years I think its something to do with the recession.

 

[m4tty]

Things ain't looking good at the moment mate. Hopefully things will have picked up next year when you start mate. Good luck anyways

 

[ProDave]

Well contrary to everyone else, my outlook is not pessimistic.

Last year was my highest turnover and highest profit of my 8 years being self employed. I only ever wanted to work part time, but it's getting more like a full time job.

Perhaps you need to up sticks and move this side of the border? With the bonus of no part P to pee you off?

 

[Evans Electric]

Actually , Peebo, its the worst possible time in living memory to start up on your own but on saying that you probably won't get a job with a firm either so nothing to lose.

On saying that we set up Complete Electrical Services in the 1980 recession and never looked back until 1994 . What the hell !!! Go for it Peebo ........................................................Per Ardua ad Astra !!!

 

[nsbs]

It is a really difficult time at the moment, lots of people doing the same as you. So there is more and more sparks in a diminishing market. But good luck to you, hope it works out.

Ian

 

[Cirrus]

If you are hungry you will make it work. Coningsby boy?

 

[SPECIAL LOCATION]

Hello Peebo...

Things are tough..

BUT................

If you read books about starting a business, (any trade or profession that you wish), many will say that a recession is a god time to start:-

1/

If you are able to start a business when times are hard.. you will generally have NO problems when times are easy!

2/

The reverse is not true!!!! the ability to start a business when times are easy offers no guarantees as to performance when times are hard!

3/

When times are hard....

poorly managed business with high overheads tend to fail....

these leave opportunities for more streamlined business with minimal overheads!

So opportunities can be there!

4/

Electrical work is a broad spectrum...

Research your chosen market place....

There is a BIG difference between commercial installation / maintenance..

compared to Domestic rewires moves and changes!

or petrol station maintenance

or Hospital / medical installations..

etc..

etc..

5/

Make sure you have enough capital to cover yourself when times are quiet!

If you assume that you will have between 3 and 6 months with NO income over a 12month period

and can financially cope with this..

then you probably got as good a chance as anyone else!

good luck M8..

let us know how it goes?

:SaluteGuinness

 

[peebo]

Thanks for replies so far

Reading 2391 notes at moment seems quite simple been in raf for 22 years as aircraft electrician so thats probably helped me understand this household electric stuff.

doing a coure in a weeks time at TECHNIQUE TRAINING looking forward to a change!

Cirrus I'm in Lincoln thanks for asking.

 

[NozSpark]

What are you,,

1st, 2nd or 3rd line,,, Instie or lecki?

Reason being I was a 3rd line insti civvy!

 

[peebo]

1st and 2nd line lecky

 

[NozSpark]

Ah,,, proper hands on stuff then

We only got the boxes