
5 Common Quoting Mistakes That Cost UK Tradesmen Thousands (And How to Fix Them)
Common Quoting Mistakes-That-Cost-UK-Tradesmen-Thousands.md

James Lennon
Owner / CEO
Learn how to grow your business with our expert advice.
Common Quoting Mistakes-That-Cost-UK-Tradesmen-Thousands.md
James Lennon
Owner / CEO
UK tradesmen handle sensitive customer data daily—from contact details on quote sheets to payment information on invoices. Yet 73% of UK trades businesses are unknowingly breaching GDPR regulations, risking fines up to £17.5 million or 4% of annual turnover.
James Lennon
Owner / CEO
For many hardworking UK trade business owners, the end of the financial year brings a familiar ritual. You hand over a shoebox of receipts and invoices to your accountant, they work their magic, and a few weeks later, you get the verdict: you've made a profit. It's a moment of relief, a validation of the long hours, the weekend work, and the endless van journeys. But here's the unsettling truth: that bottom-line figure, while important for HMRC, is a dangerously misleading indicator of your day-to-day operational success. It tells you if you made money, but it fails to reveal where you made it, and more crucially, where you lost it.
James Lennon
Owner / CEO
Pricing your trades services correctly can make or break your business. Too low, and you'll struggle to cover costs and make a profit. Too high, and you'll lose jobs to competitors. Getting it right requires a strategic approach that balances competitiveness with profitability.
James Lennon
Owner / CEO