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Starting a Electrical Company...
#199280
02/19/11 04:15 AM
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Joined: Feb 2011
Posts: 56
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So I'm going to start a small company. Can anyone run down for me the billing process for a service call and, say, a basement reno. contract. ?
invoicing, what gets taxed, how to keep good records, how to deal with income tax, permit process, Anything that can help...
I'm in B.C. Canada
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Re: Starting a Electrical Company...
[Re: pooL8]
#199281
02/19/11 08:11 AM
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Joined: Jul 2002
Posts: 8,379
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Welcome to ECN, mate. I think that the Moderator of this area, Doug, would be your best source of info, after all he has been through this before and he is in your part of the world.
Last edited by Trumpy; 02/19/11 08:12 AM.
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Re: Starting a Electrical Company...
[Re: Trumpy]
#199304
02/19/11 07:26 PM
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Joined: Feb 2011
Posts: 56
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Heyyyy....Thanks.
Cool kitty. Are those for catchin fish in the river?
BACK TO BUSINESS!!
Last edited by pooL8; 02/19/11 07:31 PM.
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Re: Starting a Electrical Company...
[Re: pooL8]
#199306
02/19/11 10:02 PM
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Joined: Apr 2002
Posts: 7,234
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Pool8: welcome to ECN Forums from one of the 'Jersey Guys'!
Dougwells, or one of the other 'North of the border' guys should jump in & try to help you.
John
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Re: Starting a Electrical Company...
[Re: pooL8]
#199311
02/19/11 11:32 PM
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Joined: May 2003
Posts: 1,155
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I use a flat rate system for resi service calls, and basic circuits. Permits are taken out on BC Online, and my service software does the invoicing and estimates.
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Re: Starting a Electrical Company...
[Re: pooL8]
#199315
02/20/11 01:17 AM
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Joined: May 2003
Posts: 1,155
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I would seriously read "The E myth contractor" by Michael E. Gerber and "How much should I Charge" from Ellen Rohr.
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Re: Starting a Electrical Company...
[Re: dougwells]
#199317
02/20/11 07:22 AM
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Joined: Feb 2011
Posts: 56
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Cool, thanks. I'm going to order those books tomorrow.
Does getting permits through BC Online differ from getting them through the Safety Authority?
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Re: Starting a Electrical Company...
[Re: pooL8]
#199325
02/20/11 12:44 PM
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Joined: May 2003
Posts: 1,155
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great for getting them instantly. BC hydro needs permit for each service disconnect , the other night had a main breaker replacement i could hand the hydro guy a copy of the declaration before he even pulled the meter. 
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Re: Starting a Electrical Company...
[Re: dougwells]
#199334
02/21/11 04:29 AM
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Joined: Feb 2011
Posts: 56
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So BC Online for Electrical Permit AND Hydro Declaration?
Cool. That's a nice easy job for ya. Love those.
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