So, just checking & confirm this for me, if you will, you don't think going into this area of contracting work is a good idea then? Cos there seems to be a bit of conflicting advice to the OP,er. reading through.
(well I think one post may have said one word that could have been taken as a positive. LOL)
PS makes you wonder how many new houses get built don't it!!
if you have the means and experience to do this work then you can make profit, you need to fully understand what your getting into tho which is why most posts are on the negative side. Due to the competition in this sector the profit margins are never very high tbh so you need to know exactly what your costs are per job to make a profit.
for example i worked for a guy who was doing local council kitchen and bathroom work (just the plumbing and any gas work), subbying to a main contractor. his profit for each kitchen was approx £6 to £10 after 1st fix, 2nd fix, move cooker etc........ This may be good if your doing hundreds of kitchens a year, it may not be worth it if your doing a few per week. He would cringe when id tell him id put a new cooker hose on the existing cooker as his QS would have to fight to get the extra money to cover the cost.
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