Author: Electricians Mate
-
How to Earn £300 a Day as a Self-Employed Tradesman (Without Working Longer Hours)
Think £300 a Day Is Impossible? Every tradesman knows someone who claims to earn £300 a day. Some genuinely do. Others exaggerate. But whether the figure is £250, £300 or £400, the real question isn’t whether it’s possible. It’s how you get there. After reading The Truth About £300 a Day, many tradesmen ask the…
-
How Much Is Enough? The Income Every Tradesman Should Aim For
Every Tradesman Has Asked This Question Most self-employed tradesmen chase a bigger number. “I’d be happy if I earned £50,000.” Then it becomes £70,000. Then £100,000. But very few ever stop to ask a more important question. How much is actually enough? Because earning more doesn’t automatically make you wealthier. I’ve known tradesmen earning over…
-
Why Self-Employed People Never Feel Financially Secure
One of the biggest myths about self-employment is that once you start earning good money, the financial worries disappear. For many tradesmen, the opposite is true. You might be: Yet you still find yourself worrying about: If this sounds familiar, you’re not alone. The uncomfortable truth is: Many self-employed people never feel completely financially secure.…
-
How Better Buying Can Add Thousands to a Tradesman’s Profit
Most tradesmen spend a lot of time trying to earn more money. Far fewer spend enough time looking at how they spend it. Yet buying materials smarter can have a huge impact on profitability. Think about it. Saving just: £50 per job across: 100 jobs per year adds an extra: £5,000 profit. And unlike increasing…
-
How Much Does a Tradesman Really Need to Earn to Live Comfortably in the UK?
Ten years ago, earning £40,000 a year felt like a good living. Today, many self-employed tradesmen earning that amount still feel under pressure. If you’re a builder, electrician, plumber or another self-employed tradesman, you’ve probably asked yourself: “How much do I actually need to earn to live comfortably these days?” The answer is probably more…
-
Why Are So Many Tradesmen Broke Despite Earning Good Money?
You earn decent money. You’re busy all year. Yet somehow it still feels like you’re constantly chasing your tail, worrying about bills and wondering where all the money goes. Your work-life balance is in the bin and you’re left thinking: “How the hell did I end up in this mess?” If you’ve ever thought that,…
-
Free Tradesman Day Rate Calculator (UK)
Work Out What You Should Really Be Charging One of the biggest mistakes self-employed tradesmen make is choosing a day rate that simply “feels about right.” Maybe you charge what your mate charges. Maybe you copied another company in your area. Or maybe you’ve never increased your prices because you’re worried about losing work. The…
-
Free Apprentice Cost Calculator For Tradesmen (UK)
Thinking About Taking On An Apprentice? Hiring an apprentice can be one of the best long-term investments a trades business makes. It helps you build your future workforce, train someone your way, and reduce the constant pressure of finding skilled labour. But there is a problem. Taking on apprentices in the UK has become significantly…
-
Free Tradesman Cash Flow Forecast Planner (UK)
Stop Running Out Of Money Between Jobs One of the biggest problems self-employed tradesmen face is poor cash flow. You can be fully booked for weeks… Working flat out… Sending invoices regularly… And still find yourself short of money when bills need paying. That is exactly why I built this free Tradesman Cash Flow Forecast…
-
Free Tradesman Tax Set Aside Calculator (UK)
Stop Getting Caught Out By Unexpected Tax Bills One of the biggest mistakes self-employed tradesmen make is treating all money in the bank as spendable income. Then January arrives. And suddenly HMRC wants thousands. If you are self-employed, working CIS, or running your own trade business, you need to know exactly how much tax to…