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Farm Machinery
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Tractor and driver for hire
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<blockquote data-quote="Pennine Ploughing" data-source="post: 7739057" data-attributes="member: 999"><p>Blimey.</p><p>Fag packet calculations, £80k tractor @ £20 ph, </p><p>Say 1,350 hours a year if you find plenty of work, first 3 years tractor does 4050 hours </p><p>= £81k on income.</p><p>Costs,, servicing £4k, tyres £4k, insurance £4k, repairs £500 (rest covered by warranty) driver £50k (this is £10 ph @ 5k hours, due to work that is unpaid, seeing jobs, paperwork, servicing washing, etc,) depreciation on investment £30k, for 3 years.</p><p>accountants fees £1k, inconvenience of working on weekends when dry, and not on week days when wet, £6k. As cannot plan ahead or get days off when you want.</p><p>= £99,500 in costs, and that is accounting for farmers to supply all fuel totally, </p><p>3 years down the line you have made a loss of £18,500, to balance the books you take a reduced wage, so end up dropping from £10 ph, to £6.30 ph, to break even, so no profit to show, and year 4 onwards no warranty will put costs up or Coss more to change.</p><p></p><p>sticking your chest out and being the big man in the pub, don't pay bills,,</p><p></p><p>Now driving someone else's tractor on labour only, = £18k for same hours @ £12 ph flat rate, and still have extra potential to make more as the rate is based on 1500 hours a year, </p><p></p><p>Go figure it out, as in my first post, spending a fiver on a calculator will be the best money spent.</p></blockquote><p></p>
[QUOTE="Pennine Ploughing, post: 7739057, member: 999"] Blimey. Fag packet calculations, £80k tractor @ £20 ph, Say 1,350 hours a year if you find plenty of work, first 3 years tractor does 4050 hours = £81k on income. Costs,, servicing £4k, tyres £4k, insurance £4k, repairs £500 (rest covered by warranty) driver £50k (this is £10 ph @ 5k hours, due to work that is unpaid, seeing jobs, paperwork, servicing washing, etc,) depreciation on investment £30k, for 3 years. accountants fees £1k, inconvenience of working on weekends when dry, and not on week days when wet, £6k. As cannot plan ahead or get days off when you want. = £99,500 in costs, and that is accounting for farmers to supply all fuel totally, 3 years down the line you have made a loss of £18,500, to balance the books you take a reduced wage, so end up dropping from £10 ph, to £6.30 ph, to break even, so no profit to show, and year 4 onwards no warranty will put costs up or Coss more to change. sticking your chest out and being the big man in the pub, don't pay bills,, Now driving someone else's tractor on labour only, = £18k for same hours @ £12 ph flat rate, and still have extra potential to make more as the rate is based on 1500 hours a year, Go figure it out, as in my first post, spending a fiver on a calculator will be the best money spent. [/QUOTE]
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