Ruger_556
Well-Known Member
So for the guys that are mobile/independent mechanics, I have a couple questions...
- Is it worth it or would you do something else if you could go back and start over?
- What percentage of the hourly rate that you charge do you pay yourself and put back into the business?
- What do you do for paperwork? Have an accountant handle it all or do it yourself?
- What are your operating costs just to exist (insurance, etc...)?
I have a few fleets and local farms that have voiced interest in this and I have been debating whether I want to go out on my own for awhile anyway. However, I'm not sure I would actually bring home more money after all is said and done. I've done some diagnostic work on the side for a fleet but I know I don't charge them enough to really be profitable as a business.
I have a couple hundred hours of comp time to use where I work now so I could easily cut back to 3 or 4 days a week and start working a day or two on my own, stupid idea or can a guy make a good living on his own?
- Is it worth it or would you do something else if you could go back and start over?
- What percentage of the hourly rate that you charge do you pay yourself and put back into the business?
- What do you do for paperwork? Have an accountant handle it all or do it yourself?
- What are your operating costs just to exist (insurance, etc...)?
I have a few fleets and local farms that have voiced interest in this and I have been debating whether I want to go out on my own for awhile anyway. However, I'm not sure I would actually bring home more money after all is said and done. I've done some diagnostic work on the side for a fleet but I know I don't charge them enough to really be profitable as a business.
I have a couple hundred hours of comp time to use where I work now so I could easily cut back to 3 or 4 days a week and start working a day or two on my own, stupid idea or can a guy make a good living on his own?