I really am in the wrong job!! 1/2 a day and 200 quid to connect a toilet and a sink to a water supply 1 metre away..
What is a reasonable yearly rate for a plumber?
Then, how much a day do they need to earn?
How much did the tools cost?
How many overheads have they? -staff in office answering the phone etc?
Add on the other expenses he has – 5 yearly exams, renewal of Gassafe registration every year, liability insurance (have you seen what that is for a plumber?
Now, if he got £400 a day, for 47 weeks of the year, he may, with a good wind, earn £70k before tax. But he wont, as he will not be getting £400 a day every day.
He’ll probably be earning £40k before tax, if he is really lucky. Sounds a lot.
But we forgot the times he has off sick, and doesnt get paid for it. Then the 1 hour average each day pricing and invoicing jobs. Then the £1-5k a year that people do not pay him.
Suddenly it doesnt sound so great.
So, yes, train up, become a plumber, and earn great money. But only after you have built up your business for around 7 years, and then you can expect to earn £30-40k if you do a 50 hour week.