Originally Posted by
Vic Thompson
"Interesting Vic, there are some businesses that operate on a 3% or even less, profit margin."
Yes there are, but only those who can turn their investment over many times a week or so.
The business that I was involved with had a gross turnover of £3000 to £12000 pw with maybe a net return of around £800 + pw on average : not a great amount to pay three peoples wages on (or maybe it is in your estimation) ?
And that includes one person who didn't get paid, ie, me.
Vic Thompson.