Some businesses are busy

Discussion in 'Current Affairs' started by Ag bullet, Apr 21, 2020.

  1. Ag bullet

    Ag bullet Well-Known Member

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    Have heard of a few businesses now that say they have been flat out. One was a hardware store the other a sawmill.

    Plenty of people have time for those DIY projects they have been putting off and besides, who wants to stay inside all day with the Mrs....?
     
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  2. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    Show us a photo then I will answer. ;)
     
  3. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    If someone has a finance / accounting background and / or the right experience, there are plenty of jobs (40+ hours a week) right now at insolvency specialist firms or bank credit management depts. One of the few industries to ramp up in an economic downturn and they will be working mega hours.

    A quick google of the words "insolvency jobs" brought up 100's of adds.

    Sad but true.
     
  4. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    ^ They were licking their lips the moment restrictions on trade started occurring
     
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  5. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Yep, they have been in the market for new people since this time gauging by some of the posting dates of the ads.
     
  6. Ag bullet

    Ag bullet Well-Known Member

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    Jehovah's witnesses have been flat out too. everyone is home. :p
     
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  7. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Lots of nesting going on
     
  8. willrocks

    willrocks Well-Known Member Silver Stacker

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    All the houses will be in top condition if I want to buy some foreclosures. :D
     
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  9. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Same with the Mormons...

    [​IMG]
     
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  10. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    I have a question and would like your opinion please. ;):)

    If your business had a turn-over of 18 billion dollars, would a profit of 13 million dollars be acceptable?

    Edit:
    That's 18,000,000,000 and 13,000,000
     
  11. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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    No, it’s almost 0% profit.
     
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  12. Michael Stevens

    Michael Stevens Well-Known Member Silver Stacker

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    0.07% profit?
    Such a business would to be failing to efficiently manage their expenses.
     
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  13. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Maybe the $13,000,000 is what they pay tax on. The rest goes OS as R&D.
     
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  14. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  15. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    We turnover 1.3 billion and make 150 million net per half and I thought that was bad last year.
    Bonuses this year will be phenomenal, with increased business
     
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  16. barneyrubble

    barneyrubble Well-Known Member Silver Stacker

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    Gold Corporation (Perth Mint) is not a normal business. It’s has a government defined charter for specific operations, with one of the requirement being it has to run commercially (ie cover it’s costs and turn a profit).

    $13M is meeting the objective.
     
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  17. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    Also a gold mint doesn't run at a 30% markup on bullion products. Probably keeps some profits as stock on hand.
     
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  18. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Ok, thanks guys. :cool:
     
  19. silverhair

    silverhair Well-Known Member

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    How i wish we made 30% margin on hardware and software sales. Single digit for large accounts is the norm :(

    services and projects sure, 30-70% but not procurement. Those days are long over.
     
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  20. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    All of the retail shops in my industry are killing it with sales. Problem is that supply is becoming as problem - As they sell out of stock the wholesale suppliers have no idea when new stock will be available. Retail outlets that I know are doing well are hobby shops, musical instrument shops and the like.
     
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