When you go self-employed, being good at your craft stops being enough. You need to handle finance, sales, and marketing yourself. Most people miss hidden costs beyond the obvious ones like a van or software, and that gap kills businesses.
When you transition from, say, being employed to being self-employed, that your job role changes. You're, you're no longer just the engineer. You're at that point in time, you, you're sort of a cog in a machine. As the environment changes, you need to understand that there is different roles in the business to do with like finance, sales and marketing. And a big part of that is understanding your numbers. Because it isn't just the fact you've got to pay for a van. It's not just the fact you've got to pay for software. You've got all other things to pay for.
Your Profit Is More Than Your Salary: Pricing A Trades Business w/ Doug D'Aubrey
Is taking over another gas business a realistic alternative to hiring from scratch?
He Took Over Another Gas Business After 3 Years As A Sole Trader w/ Dan Giles
