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Starting a Business #33475
01/22/04 05:57 PM
01/22/04 05:57 PM
A
ajmelectric  Offline OP
Junior Member
Joined: Jan 2004
Posts: 5
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


Angelo
Work Gear for Electricians and the Trades
Re: Starting a Business #33476
01/22/04 06:43 PM
01/22/04 06:43 PM
S
straightedge  Offline
Member
Joined: Mar 2002
Posts: 86
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.

Re: Starting a Business #33477
01/22/04 07:00 PM
01/22/04 07:00 PM
Bill Addiss  Offline
Member
Joined: Oct 2000
Posts: 3,890
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!
[Linked Image]

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

Re: Starting a Business #33478
01/22/04 07:03 PM
01/22/04 07:03 PM
S
sparky  Offline
Member
Joined: Oct 2000
Posts: 5,342
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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