ECN Forum Forums General Topics of the Trade Business Related Discussion Starting a Electrical Company...

Thanks for those!
They answer a lot of questions I had.
Thanks for the reference # tip. Makes sense.

Do you send out bills monthly?
Do you do any on-the-spot billing for quick service calls?

most of my work is same day finish , my invoices say Please pay technician today. for some reason sometimes those priority calls are not so priority after a week or so

I would get a google places spot too if your not i the phone book yet.Its is amazing how many customers use their smart phone to search for us.

"for some reason sometimes those priority calls are not so priority after a week or so"

Ya, they kind of melt in where ever they may.

Another good tip, thanks.

Know of any good software for book keeping?

I saw quickbooks contractor in staples... $500 ahhh!!!

I think I am on QB 2006 standred

Cool. I'll try and get a trial version and check it out.

I'm reading E myth contractor. I like it. Different way of looking at things. I'll have to actually go through it with a pencil to get a better grasp on how the thinking will work for me. And look up a whole buncha words.
I'm still waiting on the other one you suggested.


Another question for you, doug, or whoever ever else....

With respect to income tax, do you put a percentage (30% or whatever) aside every job? Say into a high interest account?

well, if you're lucky enough pool....

a few simple things i would suggest

1)talk to your local peers, they are in fact your best allies

2) get a good accountant, spend a few $$$ on him/her to just sit and talk about your biz structure, biz plan

and good luck, times aren't what they used to be...

~S~

Sound advice from the sage in the north country...heed the part about the accountant.

QB is a great program...but, you (YOU) have to invest the time to 'learn' it. It's very easy, once you set it up. Including payroll!