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#1
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How much can you write off? The average auto tech can't write of anything. By being self employed you aren't usually paying out employee benefits, payroll tax's, extra insurance for a tech to drive your vehicle on a road test, and while basic wrench's may be cheaper at Sears, Canadian Tire etc, you need specialized tools from places like Snap-on, Mac, or even special U.S.A. stuff. The break down on the hourly wage usually goes like this..the average fully licensed tech makes $25-$35 per hour, plus benefits. the service writer will ussually take $20-$25 per hour, plus benefits. so the average pay out for a shop is between $45-$60 per hour, plus the benefits. Now as an independant owner I have a mortgage to pay on my shop and equipment to upgrade and replace. I have to have insurance on not only the buildings and the land but on my employee's as well{I am the service writer} I also pay workers comp premiums, payroll tax, gst etc. Then you have to have a certified accountant to do you books at least once a year as the government wont accept a small business to file the books any other way. I also employ a bookkeeper to keep my accountants bills to a minimum.I also pay monthly for technical programs like all-data and mitchell so my techs have the resourses to repair certain vehicles. Then there is the computer program for the invoicing and the list goes on. So if you think I am making a sh*tload of money, think again. I pay holiday pay for days that the shop doesn't bring in a dime....and still pay tax on it. What abou the time that I spend when I replace a defective part under warranty, and the list goes on. So if your self employed, great, but unless you own a business and employ someone other than yourself you really don't have any idea about costs of running a multi-employee business. Thats not meant to attack anyone but its a fact. When I was an employee, I used to think the owners were raking in the dough, as an owner the view is much different.When I was an employee I used to look forward to my holidays, as an owner I hate the fact I have to pay guys for not working on that day. Big differences... Quote:
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![]() Come on people, you can b*tch and moan about this industry, but how many people actually go to the manager or owner and complain. It is a well known "Fact" that most people just go somewhere else. I have worked in dealerships, franchises and corporate stores and have seen good and bad in all. That said, I openly admit it isn't a perfect industry, but..name one that is-just one!! When was the last time anybody here sent a letter to their MLA and complained about a community problem or a problem in the country. When was the last time you screamed at a bank for the insane profits they make, let alone the fuel companies for raking us over the coals. It's all well and good to vent on a website, but lets face it, for the most part Canadians are really apethetic. Just look at the elections we hold. We keep voting in the same people over and over hoping that we will see this miracle of a balanced budget and fair tax's for all..need I say more? I am in my business to make money and not to rip people off. I have bills and mouths to feed as well. Unless you have taken a vow of poverty and if you have reef tanks I would kinda think that isnt the case..well maybe just a little ![]() |
#2
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![]() Acctually, I'm Both self Employed AND employed by a company. Powdercoating is my self employment, and theres tens of thousands of dollars in equip there, But yes, wright off-able. and I am employed as an electrician at a Mine in the North West Territories, 3wks on/off. Cant's write those tools off. I know both sides of the coin.
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Dan Pesonen Umm, a tank or 5 |
#3
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![]() This thread has some good stuff in it! I work in a bodyshop/mechanic shop.
One of our techs once told me the origin of the word apprentice, long story short, "ape-rent-is, or ape for rent" They need to learn and any decent shop would glady allow them to learn, but not let work go out their doors unless it is done properly. But shops do get busy, and people do forget. One thing that bugs me. If the shop charges 3 hours to fix a job that was done in 45 minutes, why should they exploit the techs skills and pull money away from him by only charging 45 minutes or even one hour? Lets take interior handles on chev pickups (pre 2000 i think) an apprentice we had took about 1.5 hours to change it. I do it easily in 15 minutes. Customer would only pay like .5 or even just throw in a donut fund, then i get screwed, but i do like donuts so its not too too bad A few of the techs i know have well over a 100K in tools. Scanners and diagnostics tools are in the 10K range each. It adds up. If i had to buy all my tools again right now, including my box, i would guess i'd be looking at close to 15K. We always joke around that we can go buy a hammer and a tool belt for 10 bucks at princess auto and build a house! Last edited by heyfredyourhat; 01-03-2009 at 03:57 AM. |