Quote:
Originally Posted by DesertKajun
Well that's what it takes to own and operate a business. In my case I ran the store front about 8 hours a day and then had a service route to clean aquariums. Then at home you gotta do the books. You obviously never ran a small business store front cause 45k a month was pretty busy for a 2000 sq ft place. A 1500 dollar day in a fish store is back to back bagging fish and coral.
I just think the whole thing is malarkey. I don't believe you. I'll assume a 20% margin, which I figure is way low since a good portion of that income sound like its service work you perform yourself, that means your store makes 7500 after inventory cost (again way low based on what you've said this far)
Say lease is probably around 1700.00, plus another 300 for utilities, since you run the store front 8 hours a day you probably only need a part time employee to assist, service work and books being done after hours, I'm sure the owner and a part time associate could run the store, so another $500 or that.
That leaves a net profit for your business ~ 5k a month. Working 80 hours a week (I highly doubt you REALLY work more than that) that means you make ~ $15 dollars an hour. Far better than your "less than minimum wage" claim
Now when it's all said and done you may not feel 5k a month justified the headache of running a business and working 80 hours a week, and that's understandable and everything, but please throttle back on the exaggerations and insisting no one else knows anything about running a business.