Wfp Business Expenses

Discussion in 'Water Fed Pole Cleaning' started by John B, Jan 29, 2013.

Advertisement
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Welcome to the UK Window Cleaning Forums.
    Starting or own a window cleaning business? We're a network of window cleaners sharing advice, tips & experience. Rounds for sale & more. Join us today!

  1. John B

    John B Active Member
    Member

    Joined:
    Jul 28, 2012
    Messages:
    155
    Likes Received:
    15
    What percentage of your earnings would you say is spent on running your business?

    I am not looking to find out how much anyone is earning, just the ratio of earnings/expenses.

    Thanks,
    John
     
    Advertisement
  2. koopmaster

    koopmaster Guru
    Member

    Joined:
    Jan 10, 2012
    Messages:
    1,155
    Likes Received:
    177
    in the beginning, say the first year (which a lot of us have just done) my expenses to earnings was high. I would say 50% to 60% for the first 6 months.

    I bought all my equipment with the money I made.

    Now I have everything for a WFP setup I just need to pay fuel and water so its down to about 5%
     
  3. M.K Cleaners.co.uk

    M.K Cleaners.co.uk Grand Master
    Member

    Joined:
    May 27, 2012
    Messages:
    4,393
    Likes Received:
    118
    Not sure of exact figure but this years it more than 70%. Ive pumped it all right back in, mainly on advertising and equipment
     
  4. harunh

    harunh Legend
    Member

    Joined:
    Feb 16, 2012
    Messages:
    10,193
    Likes Received:
    146
    80% my insurance kills me
     
  5. CNS-southwest

    CNS-southwest Grand Master
    Member

    Joined:
    Sep 5, 2012
    Messages:
    3,819
    Likes Received:
    111
    Edited - on wrong topic
     
  6. crystalview

    crystalview Active Member
    Member

    Joined:
    Mar 13, 2012
    Messages:
    240
    Likes Received:
    16
    Wages , fuel and pre filters and resin every 3 month and the odd break down repair approx 15-20%
     
  7. Matty H

    Matty H Forum Addict
    Member

    Joined:
    Jan 23, 2012
    Messages:
    864
    Likes Received:
    24
    Around 8%
     
  8. Solar Steve

    Solar Steve Guest

    About 30% usually. More this year cos I have bought loads of new kit.
     
  9. Richard

    Richard Forum Addict
    Member

    Joined:
    Feb 17, 2012
    Messages:
    966
    Likes Received:
    126
    The RAC/AA breakdown services have calculated it cost on average over £3k a year to run a vehicle, and then if you average £2k a year for all other business cost - £5k per year gives you a reasonable starting figure - divide £5k into your turnover to give you a percentage.

    £20K turnover would give you a percentage of 25%
    £25k turnover would give you a percentage of 20%
    £30k turnover would give you a percentage of 16.5%
    £35k turnover would give you a percentage of 14.3%
    £40k turnover would give you a percentage of 12.5%
    £45k turnover would give you a percentage of 11%%
    £50k turnover would give you a percentage of 10%
    £55k turnover would give you a percentage of 9.1%
    £60k turnover would give you a percentage of 8.3%
    £65k turnover would give you a percentage of 7.7%

    Richard
     
  10. harunh

    harunh Legend
    Member

    Joined:
    Feb 16, 2012
    Messages:
    10,193
    Likes Received:
    146
    Cool post richard, all my expenses are on ma van

    Tax, mot, service , insurance, diesel etc

    On the other hand gotta pay for resin and other bits n bobs regarding wfp
     
Advertisement