On July 10, 2018 at 09:28, 3PedalMINI said...
I’m not going to speak for people on here but there are quite a few guys I know on here that only do 60-100k a year.
$60-100k in gross profit, maybe. No way that is their revenue number. And 10% margin? I'm not sure you could accidentally make only 10% in gross profit margin. Maybe a huge outfit's net profit is 10%.
Look, we are a small outfit ourselves $250k last year in revenue and that's simply not enough, even though we run a 45% gross profit margin. This year we are looking to add another 100k in revenue and that will start to put us where we need to be as a minimum. I can't imagine operating on anything less.
