30th August 2004, 09:00 PM
Maybe you don't include asset depreciation at 25%, or your needs are modest. We nearly ?25,000 of equipment (computers, printers, camera, surveying equipment etc), which account for ?5-6,000 of overheads before anything else is taken into account. So it does depend on the type of work you do. We've also got to extend PL and PI insurance to cover a minimum of 10 million for my next job, which will probably be 2-3K. There's 9K gone already.
We are not extravagent - my wife cuts my hair and I wear my brother's wedding suit, when needed, therefore saving nearly ?700 per year. We even swapped the Doberman watchdog for a couple of Jack Russels to reduce the feeding and vets bill.
As a matter of interest, what is your hire-out/wage ratio for employees, after you have costed it up?
I don't agree with costing excavations on a piece-work basis - does this earn you pay your diggers according to how many postholes they get through? There's probably a good reason why units struggle to quote on this basis.
I was not being cruel and inhumane when I suggested employees are a commodity - this was probably the wrong phrase (confusing with Marx as well). But they are contracted to supply labour/skills, to produce 'things' which are then exchanged for money.
Pete Muckle
Only joking about the dog.
We are not extravagent - my wife cuts my hair and I wear my brother's wedding suit, when needed, therefore saving nearly ?700 per year. We even swapped the Doberman watchdog for a couple of Jack Russels to reduce the feeding and vets bill.
As a matter of interest, what is your hire-out/wage ratio for employees, after you have costed it up?
I don't agree with costing excavations on a piece-work basis - does this earn you pay your diggers according to how many postholes they get through? There's probably a good reason why units struggle to quote on this basis.
I was not being cruel and inhumane when I suggested employees are a commodity - this was probably the wrong phrase (confusing with Marx as well). But they are contracted to supply labour/skills, to produce 'things' which are then exchanged for money.
Pete Muckle
Only joking about the dog.