Yorkie wrote:
your aiming a bit low, I would hope you did nearly trebble that, just remember one thing, s**t I said I wouldnt encourage you!
you neen no matter what to put your takings on the table and be strict with this no cheeting or you cheat yourself.
tips, put them in your pocket they are yours!
one third bellongs to the taxi, thats for maintainence, licensing, and renewal,
one third goes in the bank for a rainy day, unexpected bills and a good holiday, you need them on the taxis, and on those holidays you study the taxi market there, that makes it a legitimate buisness expense
the other third belongs to your family, for the homes upkeep.
if you work hard you too will build a company
keep off the booze and work and donr cheet on these rules and you will be a struggling success,
Thanks for the tips
I dont drink at the moment only an occasional drink every couple of months but that tends to be a few beers in the house
(though it's a very good tip know a few people old school friends who's dads were taxi drivers and would drink all there pub money)
Definately makes sense putting away one third for repairs as there very costly and doubt i'll be able to get a friend to do it as the longer the cars off the road the less earnings i get
Also for a holiday
for our annual trip to Yorkshire
(though this year it's Newcastle) and trips for the kid and fiancee
and maybe hopfully enough to buy our own house
How much do people earn roughly a week on cost's?
I did'nt think it would be that much but if your self employed and taking on average £5 a fare and getting 3-4 fairs an hour it would certainly add up. My dad's uncle seems to do well he's done it all his life.
Thanks very much for the tips
Hard lines on de-couraging me earlier dont think much'll put me off
Even the fear of having to drive around the local druggies/neds and idiots around here wont put me off.