Business problems. And cashflow

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  • Опубликовано: 25 янв 2025

Комментарии • 26

  • @mattyboak8065
    @mattyboak8065 6 месяцев назад +1

    Keep up the videos mate there great . Small business owner myself i know how it feels 👍

    • @Madscaffs
      @Madscaffs  6 месяцев назад

      @@mattyboak8065 thanks mate hard work sometimes.

  • @joebonthuys
    @joebonthuys 6 месяцев назад +1

    Stick at it mate. Cash flow is a proper headache at times!

    • @Madscaffs
      @Madscaffs  6 месяцев назад

      @@joebonthuys gets you sweating sometimes haha.

  • @Daniel-f3f-x9e
    @Daniel-f3f-x9e 5 месяцев назад +1

    Mate, have a look into ‘voluntary termination’ on your truck if you want out. It’s legal and allows you to come out of your finance deal early once you’ve paid off 50%. I did it with an old car of mine that was in negative equity when my balloon payment was due. The finance company will try and come after you for excess mileage and damages etc but they can’t enforce anything and will give up after a while

    • @Madscaffs
      @Madscaffs  5 месяцев назад

      @@Daniel-f3f-x9e cheers mate I don’t really no a lot about this stuff but that sounds good it’s just sat in the yard atm.

  • @Jackscaf
    @Jackscaf 6 месяцев назад +3

    Stick at it mate I had 4 trucks beginning of the week now down to one
    Charlesworth scaffolding ltd
    Kent

    • @Madscaffs
      @Madscaffs  6 месяцев назад

      @@Jackscaf it’s a shit feeling when that happens. Hard to see the light at end but it comes. How long you been running for?

  • @Scaff101
    @Scaff101 5 месяцев назад +1

    Everything seems to go wrong at the same time. This year been a strange one for us so far
    Keep at it

    • @Madscaffs
      @Madscaffs  5 месяцев назад

      @@Scaff101 cheers mate it’s very difficult time for everyone atm then

  • @factsnorefunds
    @factsnorefunds 6 месяцев назад +1

    That finance deal will forever drag you down. Gotta do whatever you can to pay off/get rid of that bill. Insane amount of money to pay each month for a vehicle that has depreciated so much.

    • @Madscaffs
      @Madscaffs  6 месяцев назад

      @@factsnorefunds I know mate I’m gutted about it I was a bit daft when I get it really

    • @factsnorefunds
      @factsnorefunds 6 месяцев назад

      @@Madscaffsdon’t be gutted! It’s a system designed to take advantage of people. You aren’t the first and won’t be the last. You can make it better though, request a settlement figure from your finance company and pay that bitch off. Save yourself £1000’s

    • @factsnorefunds
      @factsnorefunds 6 месяцев назад

      @@Madscaffs don’t feel daft! It’s called predatory lending for a reason. Best thing to do is get a settlement figure from your finance company and pay it off as soon as possible. It could literally add seven grand to your profits over the next year.

  • @deanmolyneux6757
    @deanmolyneux6757 6 месяцев назад +1

    Show us how you do a temporary roof with the sheets

    • @Madscaffs
      @Madscaffs  6 месяцев назад

      @@deanmolyneux6757 soon as I get next one will show you I don’t own the foof I hire them atm.

    • @deanmolyneux6757
      @deanmolyneux6757 6 месяцев назад

      @@Madscaffs have you done one with the tin sheets?

    • @bruv97
      @bruv97 6 месяцев назад +1

      Keep at it with these videos bro 👍 they are very insightful for people who are looking to start a scaff business!
      The way you talk about problems and how you’re going about solving them is great info.
      One tip would be to get a little clip on microphone as it can be hard to hear sometimes! 👊👊

    • @Madscaffs
      @Madscaffs  6 месяцев назад

      @@bruv97 ye looking at getting one of them mics. Glad you enjoy they take a lot of time to make but if you lot enjoy will keep going 💪

  • @Mard2284
    @Mard2284 6 месяцев назад +1

    Regarding cutting beams i wouldn't of thought shortening beams would weaken the beam ive cut ally beams b4 to suit so shouldn't see it being any different for unit beam

    • @Madscaffs
      @Madscaffs  6 месяцев назад

      @@Mard2284 thanks mate might cut and re drill the wholes on them

  • @nbvvc-pi6pi
    @nbvvc-pi6pi 5 месяцев назад +1

    What about invoice factoring and debt insurance as well as professional imdemety insurance? Factor it into your price work

    • @Madscaffs
      @Madscaffs  5 месяцев назад

      @@nbvvc-pi6pi probably a good idea I’m just new to all this so don’t understand how it all works.

    • @nbvvc-pi6pi
      @nbvvc-pi6pi 5 месяцев назад +1

      Well look the 3 on them up, spend on night on each thing, also get the book the e myth revisited, get it on audible

    • @nbvvc-pi6pi
      @nbvvc-pi6pi 5 месяцев назад +1

      This will free up cash flow, insurance the debt, and imdemety insurance is making sure if a job goes wrong you have options, shop around tho big time,

    • @nbvvc-pi6pi
      @nbvvc-pi6pi 5 месяцев назад

      @@Madscaffs also any decent accountant should of advised you on what finance to get on a van, because the lease is a tax right off, instead of paying tax bills it could of went towards your van