Expanding as an electrical contractor

As with all businesses the problem arises when you look to expand and take on more work. there is a few problems with this that you must over come. Firstly being an electrical contractor, basically an electrician working in the westend of glasgow for more than 10 years, i have found that i can pretty much keep myself busy with 2- 4 jobs daily during the week and 1-2 jobs at the weekend. Which in itself provides a great income for electricians but to take you electrical business to a new level you must have things in place, the idea similar to the chicken and the egg dance - which one comes first?

Well let me tell you, when you start up in business you do want to be able to get to the point where you are getting more work than you can actually manage to do, and it is at this stage you would consider taking on more staff. The difficulty comes when you hire the staff, are they the right person for the jon, in my case are they a good electricians, willl they be loyal to your business, will they try and steal from you, be it materials of even cash? you never know so it is essential that when the time comes to expand you make sure you find the best person for the job.

the main reason i would want to take on another electrician would be that i cannot be in two places at the one time, so here comes the next problem to overcome - new vehicles - i would need to offer my new electrician a van to do his work from, a mobile office if you will, and from this he will generate income for the business without you having to drive around with you new employee and also give him a sense of responsibility and freedom to get his work done with the boss breathing down that back of his neck.

with these two new additions to the business - new employee - new van the cost of running your small one man band electrical contractor business has just went through the roof and its at this point you start to doubt yourself or well i did, but that is the wrong thing to do as i will explain later in my blogg. i needed to find the extra exposure to find more work to keep now two electricians busy not just one, i now need to turn to advertising again which dosnt come cheap. But this is the only way for the cash circle to work. you need to spend money to make money but it usually works out a lot more than you were planning on spending, that being said it dosnt take away the fact that your business would be growing and your turnover with dramaticallly increase, but having that extra cash for that rainy day might come in handy.

hope you like what i have said and check out my website www.wesuk.co.uk

Electricians clarkston glasgow

Electricians in Glasgow City center and Westend

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ELECTRICAL CONTRACTOR WESTEND GLASGOW

working the weekend usually is the ideal way to spend you saturdays, i would rather be attending some sporting occassion or heading to the cinema for some nachos and popcorn. But when rewires come up its important to have a rewire comeplete as soon as it is possible to do so.

Wes electrical rewiring a 4 bedroom house in clarkston glasgow, it has took us 4 days to get it ready to test, which is the part of the job that can be most enjoyble but it also tells you any mistakes that have been make or other wise so you can understand that this is an important part of the job.

firstly going to test the final ring circuit of the downstairs ring circuit, we have 10 sockets on this ring with no spurs off of it. Going to test 1. insulation resistence 2 earth loop impedence 3 continuity 4 polarity.

this test can take up to 40 min to complete and record.

i am then going to repeat this on the upstairs electrical ring circuit.

Once the testing is complete you can the turn the power back on sign the document and hand over the report and at this point this is when you are looking to get paid.

Electrician Clarkston Glasgow

www.weselectrical.co.uk

Beatroute Arts Glasgow

Today is one of my favourtie days as i get to do electrical testing and pat testing in a little place in Glasgow called beatroute arts.

Beatroute arts is a community music center for the kids of barlonock Glasgow. Run by julie they provide music experiences to young people and is a very busy little venue. we have been providing electrical work for beatroute arts for the past few years.

Electrical testing is an important part of running a public building you have to make sure that the electrical system, power and light is safe for everyone to work and play in.

They have some fantastic stuff in here, a lot of it is too delicate to fully pat test like the computers and the electronic recording equipment. but i will do all the tests that i can without damaging the equipment.

Glasgow

GKP Post 2012

I just attended the NY investor summit, so here’s a brief summary of what JG said. Presentation seemed to be same as for LSE last week but some very interesting snippets. Apologies in advance as a lot of scribbles (feel free to post on iii if of interest as trying to sort my login out there), and usual disclosures about information and how it should be treated apply (this is a brief summary only)

- JG opened by saying this would be the ‘best story of the day’. He explained how the company had grown from almost $40m in value to nearly $4bn in a few years.

- He gave the current figures for oil in all blocks and said there is PLENTY of upside left. He said that he believes current figures (for Shaikan in particular) are conservative. He later mentioned on 2 separate occasions they are confident Shaikan is full to spill and a figure of 18bn barrels is likely.

- As heard before, they have tested all the good stuff and are now testing all the ‘bad stuff’ to see what is really there. He mentioned one part that was a pokey little area and which produced 5,000bpd

- SH-1 and SH-3 are hooked up for production, have expanded well test facilities. SH-4 is the best so far, they are still testing.

- Sheikh Adi they believe there is a lot more oil on the other side of the fault. SH-7 will be the last of the Shaikan appraisal wells. ALL reservoirs and intervals (in SH) have been full of oil and gas. No dry holes, not even in the intervals. They are looking at 300m (1,000ft of net pay which is huge amount).

- 122km pipeline to start this summer. $170mn costs, will finish mid 2013.

- After SH-6 TD, GKP has 30 days to submit development plan to KRG in July / August this year. The clock starts then (on the 30 year production front).

- He believes they have a 10 year plateau of producing between 400k and 600k bpd. Shaikan could be producing for 80 to 100 years so they will leave a lot of oil in the ground.

- **He says according to KRG website BIRs are to be sold to KNOC, the Koreans (note I believe he was referring specifically to Shaikan here, which is why I was surprised).

- Every piece of news on Shaikan good so far, not limited by water point to date. Testing on wells limited to 10,000bpd but more potential.

- cash flow to finance everything. Project insensitive to Capex / Opex issues.

- No security concerns. 5 years in Kurd, no incident. Erbil like a mini Dubai, boom town.

- Shaikan lots of directional drilling. 1mbpd AVAILABLE in Kirkuk to Ceyhan pipeline. They will have capacity for 400,000bpd but could ‘twin’ the pipeline to expand this.

- More on figures. BB – 5bn to 10bn expected, SA – 3bn to 6bn, SH 18bn, AB – MID 20s. (yes, big number). Said if they don’t get good price for AB share (process to start this week) then they would hang on as could be v profitable.

- DGA report would not be until SH-5 complete so few months away. Next report likely to be from ERC Equapoise(?).

- Still on course for FTSE main listing (would currently be number 95).

- Asked whether they plan to fully develop Shaikan or sell off: they are continuing with their full plan “BUT WHEN THEY WANT TO BUY US ( I understood meaning Shaikan), they’re going to buy us. Many majors.. [will be interested]“.

Please don’t take everything word for word as this is a broad summary. My impression is they are conituning to do all possible to prove up the oil, increase production and create more attractive assets. However, at some stage, a big player will in all probability take a piece(s) off their hands.

He said what they do know of Shaikan so far is worth about double the current share price….

electricians

Gulf Keystone Petroleum Take Over

Very interesting times in Iraq at the moment, GKP court case coming to an end and looking positive for a good outcome and for our share price to relfecct on the assets we have.

Then next few weeks we should really see some action with the aim listed Company, and the bulls take charge. the upward momentum looks strong and price rise looks imminent.

 http://dl.dropbox.com/u/62680872/Chart%20Grabs%20to%20Share/GKP%20Daily%2023-2-1

http://dl.dropbox.com/u/62680872/Chart%20Grabs%20to%20Share/GKP%20Weekly%2023-2-13.


The pipeline from Kurdistan to Turkey should nealy be complete also.

DYOR 1200p + GKP

Exciting Times

Westend Glasgow

westend glasgow 2013

2013 certainly looks to be an exciting year for Glasgow, next year Glasgow itself hosts the commonwealth games, which in itself is goig to be massive for the city of Glasgow. Mean-while in the westend of Glasgow a small company called WES Electrical works away at keeping Glasgow electrically safe. Since the turn of the year WES Electrical has seen a massive influx of new customers ranging from commercial customers in the retail sector to new private home owners and landlords. This has been the best start to a year (January) in our 8 year history so something has defiantly changed sentiment towards getting work done and new contracts being issued.

Glasgow 2014 will be interested, the start of next year im sure we will see a rush of companies prepare for the games in many different ways. This is certainly good for the scottish econemy and i personally know of a few companies who have started apprenticeships on the back of contacts won. My hat goes off to these companies and it is difficult to keep busy enough to keep on employing new yound staff in order to train them up to enter a trade.

hopefully the need for electricians in the westend glasgow keep in the upward trend throughout this year.

Electricians

www.weselectrical.co.uk

TEL - 01418405236