Meet Wasps Tonight And Ask Your Questions (1 Viewer)

Grendel · Dec 3, 2014

Astute said:
But as you also know turnover is different to profit. The company that I work for looks for profit to be at least 30% of turnover on what we make. The product I presently am involved in has a target of 35% of turnover. I am changing jobs soon. That product has a target of 20%. But then you have the costs of all of the non value added expenses. These costs reduce the profitability of the money making sections.

I didn't realise there was that much profit margin difference between Big Macs and The Big Whopper.

Astute · Dec 3, 2014

Grendel said:
I didn't realise there was that much profit margin difference between Big Macs and The Big Whopper.

The funniest thing you have come out with since you let us know that you nearly earn as much as the Prime Minister :laugh:

Nick · Dec 3, 2014

Astute said:
But as you also know turnover is different to profit. The company that I work for looks for profit to be at least 30% of turnover on what we make. The product I presently am involved in has a target of 35% of turnover. I am changing jobs soon. That product has a target of 20%. But then you have the costs of all of the non value added expenses. These costs reduce the profitability of the money making sections.

So if profits were down and they were screwed they wouldn't be going "from strength to strength" would they?

Astute · Dec 3, 2014

Nick said:
So if profits were down and they were screwed they wouldn't be going "from strength to strength" would they?

What are you trying to get me to say?

I said profits were down as the place was built to play football in. And I am not going to argue with you over profits when we don't have much of a clue about them. Bigger turnover doesn't mean bigger profit. But it doesn't mean smaller profit either. You can go find yourself another victim to argue with

Grendel · Dec 3, 2014

Astute said:
What are you trying to get me to say?

I said profits were down as the place was built to play football in. And I am not going to argue with you over profits when we don't have much of a clue about them. Bigger turnover doesn't mean bigger profit. But it doesn't mean smaller profit either. You can go find yourself another victim to argue with

It was breaking even not making a profit

Astute · Dec 3, 2014

Grendel said:
It was breaking even not making a profit

And how do you know that? There is more chance of it making a profit or a loss than breaking even.

robbieray · Dec 3, 2014

Fed up of hearing about wasps this is ccfc forum

Grendel · Dec 3, 2014

Astute said:
And how do you know that? There is more chance of it making a profit or a loss than breaking even.

The term washing its face means revenue and costs are within very small margins neutral

Astute · Dec 3, 2014

Nick said:
So if profits were down and they were screwed they wouldn't be going "from strength to strength" would they?

Like you say Nick........IF. Still wanting to debate what we don't know about as if it is the truth.

Astute · Dec 3, 2014

Grendel said:
The term washing its face means revenue and costs are within very small margins neutral

So you are saying that you know that it wasn't making a loss then Grendel?

wingy · Dec 3, 2014

Grendel said:
It was breaking even not making a profit

Pretty much all It's ever done TBF.

Having sold a quarter of It's margin to Compass won't have helped In the last two years ,especially as Compass most likely benefitted most from not

Incurring Matchday costs .

The biggest driver for getting out and to who they have , has to be the loss and potential loss of FREE money In the form of Rent and

Naming Rights ,none existent without a Ball of some sort pinging around on the Green bit.

Grendel · Dec 3, 2014

Astute said:
So you are saying that you know that it wasn't making a loss then Grendel?

I am merely quoting words from The Great Leader

Astute · Dec 3, 2014

Grendel said:
I am merely quoting words from The Great Leader

When did Joy say that then?

Meet Wasps Tonight And Ask Your Questions (1 Viewer)

Grendel

Well-Known Member

Astute

Well-Known Member

Nick

Administrator

Astute

Well-Known Member

Grendel

Well-Known Member

Astute

Well-Known Member

robbieray

Well-Known Member

Grendel

Well-Known Member

Astute

Well-Known Member

Astute

Well-Known Member

wingy

Well-Known Member

Grendel

Well-Known Member

Astute

Well-Known Member

Users who are viewing this thread

Meet Wasps Tonight And Ask Your Questions (1 Viewer)

Well-Known Member

Well-Known Member

Administrator

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Well-Known Member

Users who are viewing this thread

Privacy & Transparency

Privacy & Transparency