This post is part of our Starting a Construction Business in the UK series. For the full setup guide, read our Starting a Construction Business in the UK guide. Table of Contents Why Life Insurance Matters for Trade Business Owners Protecting Your Business and Employees Types of Life Insurance for Trade Businesses Choosing the Right […]
Life Insurance for Trade Business Owners: A Comprehensive Guide Read More »
This post is part of our Starting a Construction Business in the UK series. For the full setup guide, read our Starting a Construction Business in the UK guide. Table of Contents What is Job Costing in Construction? Why Job Costing Matters Understanding Construction Costs How to Implement Job Costing Key Benefits of Job Costing
Job Costing in Construction: Ensuring Profitability and Precision Read More »
Have you ever wondered how businesses nail that balance between fair pricing and a healthy profit margin? For trade and service businesses, getting this right can be a game-changer. But it’s no mystery; it’s about using the right strategies—and tools. Here, we’ll dive into one essential tool: the markup calculator. By understanding markup and its
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Starting a trade business is an exciting journey filled with opportunities and challenges. But let’s face it: profit doesn’t happen overnight. Before you pop the champagne for your first profitable month, there’s a crucial milestone you need to achieve—the break-even point. In this comprehensive guide, we’ll not only explain what the break-even point is but
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Paying yourself the right way is one of the most important decisions you’ll make as a construction business owner in the UK. But whether you’re a sole trader or running a limited company, the answer isn’t as simple as “just take some money out.” This guide breaks down everything you need to know about drawing
How Much Should You Pay Yourself? (Owner Drawings vs Payroll) Read More »
If you’re starting a construction business in the UK, it’s easy to get overwhelmed with acronyms like CIS, VAT, and PAYE. This guide breaks down when and why you need to register for each—so you stay compliant, get paid properly, and avoid costly mistakes. This post is part of our UK construction startup series. For
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Thinking about going out on your own as a builder or contractor? Whether you’re a skilled tradesperson ready to formalise your setup, or a new startup aiming to go limited from day one, this step-by-step guide walks you through exactly how to launch a successful construction business in the UK. This guide covers: Legal and
Starting a Construction Business in the UK Read More »
Not sure whether to give a quote or an estimate? Whether you’re pricing up a loft conversion or planning a bathroom renovation, understanding the difference could save time, money and unnecessary stress. Contents Introduction Who This Is For: Tradespeople Who This Is For: Clients What Is an Estimate vs a Quote? Key Differences When to
Estimating vs Quoting: What’s the Difference? Read More »
If you’re a contractor or tradesperson, staying informed about current pricing trends isn’t just useful—it’s essential. With market conditions shifting across the UK, knowing the going rates for your trade helps you price competitively, justify increases, and understand where you stand regionally. This updated 2025 guide includes day and hourly rates for major UK trades,
Building Contractor Costs: Average UK Labour Rates Read More »
Have you ever found yourself reeling from the shock of an exorbitantly high invoice, all because of ordering more building materials than necessary? It’s a common pain point, but fortunately, one that’s easily avoidable with the right know-how. Discover the insiders’ secrets to professional measurement and start saving money today! Table of Contents 1. Optimal
Estimating Building Materials for Home Construction Read More »
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