- Location
- South Molton
So let's see some hard and fast figures then from your contracting business.It's this sort of calculating that keeps the race to the bottom right on track.
So let's see some hard and fast figures then from your contracting business.It's this sort of calculating that keeps the race to the bottom right on track.
must be.
go baling all week (£80/hour gross profit) to break even, then go hedgetrimming all weekend at £32 (£5/hour loss) to make your profit.
it all makes sense now
I didn't expect a serious response to that just demonstrating how stupid the days a week = profit idea isBaling all week, how many weeks is that a year? 7 maybe 8?
I don't have one and I never will becausr I'm not interested in engaging in the race to the bottom. I do the odd bit of contracting if it's worth my while but not much, again because I'm not going out for a job where the best that can happen is I break even.So let's see some hard and fast figures then from your contracting business.
That came from a guy who has run a machine for 40 years and has a very profitable business.I didn't expect a serious response to that just demonstrating how stupid the days a week = profit idea is
You don't have any figures , do the odd bit of contracting, but only when it's worth your while, without any figures.I don't have one and I never will becausr I'm not interested in engaging in the race to the bottom. I do the odd bit of contracting if it's worth my while but not much, again because I'm not going out for a job where the best that can happen is I break even.
nope as no baler at the moment, but even when i had a baler i got a contractor to do the straw baling as it wasnt a profitable job for me due to travel time. obviously if i couldn't get a contractor and the weather was on the turn i would have done it myself but why would i do it for nothing otherwise?Did you do any straw baling last year ? Obviously not.
Seen plenty of haulage companies go bust, working all hours keeping the wheel turning to pay the capital tied up in the vehicles.
3 days a week for finance capital
1 day for fuel ,servicing ,repairs,tyres
1 day for wages
Saturday is profit
Absolutely it is.Thats a hell of a lot of work for other people.
Profitable isn't always about the cost of doing the task , it's also about timeliness.nope as no baler at the moment, but even when i had a baler i got a contractor to do the straw baling as it wasnt a profitable job for me due to travel time. obviously if i couldn't get a contractor and the weather was on the turn i would have done it myself but why would i do it for nothing otherwise?
ok here goesThat came from a guy who has run a machine for 40 years and has a very profitable business.
Its basic fag packet maths.
But you don't have any figures at all , but his are wrong.
You don't have any figures , do the odd bit of contracting, but only when it's worth your while, without any figures.
Have you ever thought about doing consultancy for contractors?
Very good.ok here goes
job1: topping 120-150 acres of pony paddocks around the local area at £10/acre
some of it gets done twice, so say 200+ acres. Would be 3 full working days maximum door to door (in reality its just whenever we are topping our own nearby or have a quiet afternoon)
one of the summer hands (£10/hr) does it using the wagon tractor and my 10ft topper
Hard to calculate exact running costs for a square cab JD 3040, but id estimate £20/hour for the tractor including fuel and allowing for breakdowns, as it only does 300-400 hours a year, and needs something spent on it most years. maybe a set of blades for the topper as well, but i do 500 acres myself so
job2: dump trailer
£55/hour like it or lump it
240hp tractor bought outright
im working on £30 for the tractor and fuel, has cost much less so far but i would expect a breakdown at some point
anything else i would price job by job, if they dont like the price they can get someone else who thinks they can make profit to do it
youve got a calculator so do with the figures what you like
Big difference is that vans and trucks have a 12 month seasonRing a haulage company and ask if they fancy doing some work at cost price to "help them make their monthly payments". Let me know what they say.....
There is such a thing as being a busy fool……………….I suspect that given some of the current rates, many farmers sons are being such.Seen plenty of haulage companies go bust, working all hours keeping the wheel turning to pay the capital tied up in the vehicles
I agree completely, my costs don't change, so why should I work for free for some and not for others? If a job is worth doing I'll do it, if not I won't, doesn't matter who it's for, excepting helping out friends of course, but what goes around comes around. The not doing it part doesn't seem to occur in some contractors minds.Very good.
Those aren't necessarily farm contracts though are they? that can make a big difference compared to straight farm jobs, there's no difference in costs though of course.
All the big contractors round here do pony paddocks and at £10 /acre you are welcome to it!ok here goes
job1: topping 120-150 acres of pony paddocks around the local area at £10/acre
some of it gets done twice, so say 200+ acres. Would be 3 full working days maximum door to door (in reality its just whenever we are topping our own nearby or have a quiet afternoon)
one of the summer hands (£10/hr) does it using the wagon tractor and my 10ft topper
Hard to calculate exact running costs for a square cab JD 3040, but id estimate £20/hour for the tractor including fuel and allowing for breakdowns, as it only does 300-400 hours a year, and needs something spent on it most years. maybe a set of blades for the topper as well, but i do 500 acres myself so
job2: dump trailer
£55/hour like it or lump it
240hp tractor bought outright
im working on £30 for the tractor and fuel, has cost much less so far but i would expect a breakdown at some point
anything else i would price job by job, if they dont like the price they can get someone else who thinks they can make profit to do it
youve got a calculator so do with the figures what you like
Would machine be a excavator ?? Or wheel digger because that would be a easier pieces kit to work outThat came from a guy who has run a machine for 40 years and has a very profitable business.
Its basic fag packet maths.
But you don't have any figures at all , but his are wrong.
You don't have any figures , do the odd bit of contracting, but only when it's worth your while, without any figures.
Have you ever thought about doing consultancy for contractors?
2 grand for a 90hp tractor for 3 days, I will take it thanks very muchAll the big contractors round here do pony paddocks and at £10 /acre you are welcome to it!
exactly my point, they would be better off leaving it parked up, but no, they "have to make monthy payment" or "if i work saturday its profit" or some other ridiculous business argument. £55 take it or leave itYou wouldn't even get a look anywhere local at £55/hr . More like £38. Not saying it right .
if i were to go new to replace it it would be around £100k, a powershift 40k puma 200 or 225 would be the closest match.Tractor will need replacing at £150k at some point. Now sharpen that pencil!