Hi,
Ive have done extensive research now on that 50p profit out of £100 and i think your figures are way off.
Out of the £100 if i budgeted £15 for maintenance (as i can do most myself), fuel for the hour is approx 15lph which is about £22.50 , and insurance is a direct cost so cant calculate it per hour as i dont know how many hours i would work.
So if i put up say £10ph for the insurance i would soon get to the point where i wouldnt need to take that £10 out.
Eben taking £10 for the insurance , im still only on under £50 expenses.
Thats £50 per hour profit in my eyes and quite good in my books
Matt