L
lloyd1980
Hi all.
its been a while since I posted on here , hi to all old and new.
im currently in new territory work wise and would like some advice from people in a similar boat or who have gone down the same route.
i was a self employed spark for a number of years, during the recession and as the work I had coming in dwindled, I was having to further afield to make any money I decided to diversify.
I moved into property development and for the last 3 years we have purchased property renovated and then sold.
we've done ok and this year we are branching into buy to lets. For the last 3 years I've built a team of trades whom we work with all the time who I trust, they have worked for me and the cost has come from the project budget.
We have created a Facebook page which is becoming quite popular showing the various projects we have done (before during and after pics) , off the back of this I am getting asked to price large jobs for customers, not just your standard rewire , but stud walls removing, new corridors built , bathroom re sighted, new skirts and doors. Skimming top to bottom , ceilings down etc, nothing I can't handle or haven't organised before but the main difference this time is that it's for a paying customer whom I will be invoicing.
this brings me to my point , which is what would be an acceptable mark up to place on the people I'm managing and coordinating ? I've experienced the banter on here before so i get the feeling someone will say (as much as you can get away with) but I'm just wondering if there is a going rate so many % for example , I'll be managing and coordinating about 4 trades plus myself for the rewire so would appreciate some feedback.
thank you all in advance.
lloyd
its been a while since I posted on here , hi to all old and new.
im currently in new territory work wise and would like some advice from people in a similar boat or who have gone down the same route.
i was a self employed spark for a number of years, during the recession and as the work I had coming in dwindled, I was having to further afield to make any money I decided to diversify.
I moved into property development and for the last 3 years we have purchased property renovated and then sold.
we've done ok and this year we are branching into buy to lets. For the last 3 years I've built a team of trades whom we work with all the time who I trust, they have worked for me and the cost has come from the project budget.
We have created a Facebook page which is becoming quite popular showing the various projects we have done (before during and after pics) , off the back of this I am getting asked to price large jobs for customers, not just your standard rewire , but stud walls removing, new corridors built , bathroom re sighted, new skirts and doors. Skimming top to bottom , ceilings down etc, nothing I can't handle or haven't organised before but the main difference this time is that it's for a paying customer whom I will be invoicing.
this brings me to my point , which is what would be an acceptable mark up to place on the people I'm managing and coordinating ? I've experienced the banter on here before so i get the feeling someone will say (as much as you can get away with) but I'm just wondering if there is a going rate so many % for example , I'll be managing and coordinating about 4 trades plus myself for the rewire so would appreciate some feedback.
thank you all in advance.
lloyd