What Kind Of Monies To Be Made ?

[Carl Hammond]

Hi there,

As you may have seen I have booked my tiling course for april 21st, myself and a friend have my dad to help us by setting the business plan, getting us established as a business with a van and tools, but what kind of money is there to be made? is it like the dry lining game where there is a lot of money to be made or is there more in tiling?

I am going to be leaving my Business Analyst day job for tiling and just need to make sure the money will be right.

I have heard from a few people who work on site that there is very good money in tiling.

 

[TheWrightTiler]

hi mate

it all depends, at first its hard trying to get foot in the door at tile shops etc as they will have there usual tilers who buy loads from them, where i am discount on tiles starts at 5% and full trade on materials and when you start buying you earn more discount on the tiles etc, am currently on 40% off my tiles at some shops so you can make money there

eg

punter wants 25m2 of tiles at £25 pm2

625

i get 40% off

£250

leaves a balance of £375 that the punters to pay you

if you give punter 10% off tiles thats £62.50 so you still get £187.50 in your pocket

tell punter you will deliver them for free and your still quids in

for materials, i take the retail price and deduct a third for the materials and still make some

on above job

25m2 = 5 tubs sticky
2 bags grout

if punter bought

£120 for addy and £20 for grout = £140

i tell punter i can get for £85

in all you have saved them over a hundred quid and made yourself £200 before you even start tiling lol

on the above job i charge £20 a m2 so £500, i have them a 10% discount as goodwill so £450 time i left i had £650 as made on the tiles and mats, not bad for 2 days work laying a floor

spped comes with experience so dont tackle anything you are unsure off as it will come back and bite you on the arse

for site work money low but if fast can earn a fair bit but by 2010 a cscs card is a legal must

there are people who make over a grand a week tiling and these are the ones with a good reputation and good discounts etc if you dont go looking for work it will not come looking for you

money to be made doing floors as **** easy bathrooms take longer and splashbacks can be a pain lol

hope this helps

andy

 

[Carl Hammond]

Thanks mate - Superb example and description and ideas on how to work. cheers mate
most appreciated

 

[Raja]

Every one is different

Like some one on this Foum once said

"It is one thing being a good tiler and totally different being a sucessfull business man"

The only critisism i have of the tiling industry is that it can often be very misleading often by training providers who claim there is a shortage when alot of people in the trade would disagree and say it was a saturated market

The first year will always be hard and u will learn more in ur first year than any other

When i started in the first year if i put hand on heart i probably earned about £8,000 after all over heads were paid off

Last year was around £12,000

Every one is different and some will earn much more than that but i certainly believe it boils down to who u know and mixing in the right circles to have a regular supply of work in

As for partnerships i was in one and only thing i could say about it is again which a member on this forum said

"Partnerships only work if there is a large volume of regular work coming in"

All the best take everything with a big pinch of salt try and make ur own mind up by doing ur own research not what others have said to u or will say to u

All the best Raja

 

[Carl Hammond]

When i started in the first year if i put hand on heart i probably earned about £8,000 after all over heads were paid off

Last year was around £12,000

I dont want to come across as rude but how the heck can you have managed to live on these figures?

I would struggle on 20K a year big time let alone 8K-12K mate???

Is this clearly profit you made or something?

 

[davy_G]

Being self employed is very different from being employed. Having a taxable income of 10K can mean a turnover of over 30K. You keep your taxable income low by having high expenses against that turnover. How you do that is up to you as long as its legal.
If you think you are going to be flat out in your first year as a partnership and take home 20K each then i would think long and hard about the benefits of your current job.
I am in my first year trading and dont expect to be paying much tax at all and im pretty busy!!

Once your up and going and the contacts made with tile shops, builders etc then you should be well over 20K. That might take a year or two with alot of hard work and seven day weeks between now and then!

Good luck

 

[howard]

I dont want to come across as rude but how the heck can you have managed to live on these figures?

I would struggle on 20K a year big time let alone 8K-12K mate???

Is this clearly profit you made or something?

you will be very lucky to earn anywhere near 20k in your first year not many do

 

[enduro]

You will struggle to get near £20,000 in your first year and possibly your second year. You might turnover £20,000 if your coming into this buisness to earn a fast buck your totally in the wrong game.

 

[grumpygrouter]

Just coming up to my year end and I won't be having a tax bill!!

Grumpy

 

[Gazzer]

If you think that a tiling course will teach you everything you need to know to start making big money forget it. It takes time and lots of experience.
The tiling course will but you on the right road but they wont find you work and if you look on this site you will find a fair few people are struggling to get going.
Am i right in thinking that you and a friend are doing it together ? in which case i would say you have it double hard.