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#33475 - 01/22/04 02:57 PM Starting a Business
ajmelectric Offline
Junior Member

Registered: 01/22/04
Posts: 5
Loc: West, Springfield, MA USA
Hi Everyone...I'm looking for some advice on venturing out on my own in residential/commercial work. I do Industrial/Commercial electrical work right now and I have been doing residential (side jobs) for a while. I feel my biggest concern is the health insurance. (any ideas?) I do have a family. Any tips on getting started would be very greatly appreciated. Thanks

Angelo
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Angelo

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#33476 - 01/22/04 03:43 PM Re: Starting a Business
straightedge Offline
Member

Registered: 03/13/02
Posts: 86
Loc: Mesa, AZ
Yea,
Don't buy a new vehicle with a high monthly payment. Get a cheap vehicle for about $2,000 to $3,000 and you will have peace of mind.

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#33477 - 01/22/04 04:00 PM Re: Starting a Business
Bill Addiss Offline
Member

Registered: 10/07/00
Posts: 4196
Loc: NY, USA
Other side of the coin is that a newer vehicle may be more dependable (knock wood) and therefore more productive. But, it's not a good idea to saddle yourself with a lot of debt right off.

I drove a Bucket of Bolts for many years and never knew where or when I'd have to cancel a job and come home on the hook. Buying a New Truck was one of the best moves I made. It was always ready to go when I was therefore I could do more calls. I wasn't apprehensive about taking it out at night and it presented a better image to customers too.

Bill

P.S. Welcome to ECN!


[This message has been edited by Bill Addiss (edited 01-22-2004).]

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#33478 - 01/22/04 04:03 PM Re: Starting a Business
sparky Offline
Member

Registered: 10/18/00
Posts: 5545
Expect to be the most popular electrician as the 'new kid on the block' for all those shaddy GC's that have blown through everyone else

Cynicism can be a prudent attribute Angelo

good luck...

~S~

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