The Real Reason Gas Engineers Don't Charge Enough w/ Edward Lovell
Only 16% of invoices get paid straight away. The average gas engineer is 55. And most are still charging what they charged a decade ago. Edward Lovell joins Tulloch to break down the data from GES's 2025 Heating and Plumbing Report — undercharging, the ageing workforce, cash flow, and why engineers with 20 years of experience are still pricing like it's 2005. 2025 Industry Report 👇 https://gasengineersoftware.co.uk/res... TomKat episode: • Why Gas Engineers Were Struggling In 2025 ... Episode highlights: https://gasengineersoftware.co.uk/pod... Timestamps: 0:00 - Teaser 0:41 - Podcast Start 1:31 - Edward's Background And Journey Back To The Trade 3:32 - Why Only 16% Of Invoices Get Paid Straight Away 5:31 - Why Going Self-Employed Changes Your Entire Job Role 7:00 - The Real Reason Engineers Undercharge 7:51 - Charging Based On Value, Not Just Costs 14:17 - Why Some Businesses Never Grow Beyond One Engineer 17:02 - The Communication Problem Costing Engineers Work 18:05 - Why The Gas Industry Is Ageing Out 20:52 - What Day Trading Taught Him About Seeing Money Differently You can also listen to the Gas Engineer Podcast on Spotify and Apple Podcasts. Apple Podcast: https://podcasts.apple.com/gb/podcast... Spotify: https://open.spotify.com/show/6VJ2TGM... New episodes every other week for heating and plumbing professionals across the UK. Start your free trial of Gas Engineer Software: https://live.gasengineersoftware.co.u... Follow Edward: kmplumb.com https://www.facebook.com/profile.php?... / kesselmann_hp #GasEngineerPodcast #GasEngineerSoftware #GasEngineer #PlumbingAndHeating #HeatingEngineer #TradesBusiness #SoleTrader #RunningABusiness
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