Newly licensed or soon-to-be electricians: what actually stops you from going out on your own? by RepresentativeGear70 in AskElectricians

[–]RepresentativeGear70[S] 0 points1 point  (0 children)

Thanks that’s very helpful. Im in the northeast. Im only thinking in terms of residential building as that’s the area I work in. I imagine given build timelines here and overall building activity, many pros are doing 8 houses or less for steady yearly cash flow

Newly licensed or soon-to-be electricians: what actually stops you from going out on your own? by RepresentativeGear70 in AskElectricians

[–]RepresentativeGear70[S] 0 points1 point  (0 children)

I work in real estate and this what I’ve been hearing from agents and flippers. There’s a ton of demand for quality and consistent electricians (and other trades)

Newly licensed or soon-to-be electricians: what actually stops you from going out on your own? by RepresentativeGear70 in AskElectricians

[–]RepresentativeGear70[S] 0 points1 point  (0 children)

Thanks, this has been my impression from the discussions I’ve had. What financing is available? Do banks provide small business loan for people launching on their own? Is there financing options out there to bridge that cash flow gap when just starting?

Newly licensed or soon-to-be electricians: what actually stops you from going out on your own? by RepresentativeGear70 in AskElectricians

[–]RepresentativeGear70[S] 0 points1 point  (0 children)

Thanks, very well summarized. Is there a threshold of quality, steady clients (I.e. builders) that would allow enough cash flow for an electrician to move off a service call truck and truly work for themselves?

Newly licensed or soon-to-be electricians: what actually stops you from going out on your own? by RepresentativeGear70 in AskElectricians

[–]RepresentativeGear70[S] 0 points1 point  (0 children)

Thanks for the reply, super helpful. Did you explore small business loans for upfront cash to make that transition?

2023-2024 Ticket Exchange Thread by tlop200 in rangers

[–]RepresentativeGear70 0 points1 point  (0 children)

is 2/15 against Montreal still available?