Internet Tackle Not Covered By Warranty

[Guest]

Every Australian should have to do a crash course in economics and globalization so they can start to appreciate the bigger picture.

[finatic 1]

Ferrari's waxed :woohoo: :woohoo: Jets full, plot course for the Kimberly captain :woohoo: :woohoo: 1000% markup is assuring me of that ;) kids are at Scotch collegewifes on a beach in the Mediterranian sipping Margherittas Seriously guys, if I had nothing to lose ieTeam Daiwa Tournament Dealer Shimano Pro shop Membership to the best buying group in the Country, Tackleworld :ohmy: :ohmy: Naming rights of and access to "I Fish" & "Hooked on Tackleworld" I would copy & paste price lists up on here :evil: just to stuff it up the critics sideways :evil: The good old days of the 80's in tackle are far gone.Some of you may remember George & Ellis of SFS, they smashed the 80's & still went broke doing it :whistle: :whistle: The tackle industry of this day are running on GP figures 8 - 12% below those of the early 2000's, so, is the internet really affecting tackle retailers you are well entitled to ask where I conjure this infinite wisdom from :whistle: Well, more recently having had an ATO random audit conducted and passing squeaky clean I may add for the knobs :woohoo: :woohoo: I can assure you, as so advised by the auditors, the accepted declared GP figure for the trade in retail is under 34% :SWhat that means for those that so far have cared to read isout of a (million dollars) $1,000,000 of turnover, that is $30,000 a week in Summer & $10,000 a week in Winter & trust me here not too many in Adelaide achieve this$360,000 profit is generated :whistle: :whistle: $90,000 of it goes to GST$50,000 for rent $30,000 for advertising$10,000 for insurance$4,000 for phones & internet$15,000 for powerwell profit is down to $161,000 so far & the list continuessponsoring eventsvehicle maintenancesecuritytheftperishablessignage upgradesbank fees on overdraftsloan payments for those on financeand the list goes on but wait I forgot something very important :whistle: :whistle: staff wages :woohoo: :woohoo: and even more important :blink: Proprietors wages B) are we getting it yet :woohoo: :woohoo: What do you reckon Spotter, 1onMepillie, Waterboy, have I summed it up somewhat accurately Now lets draw the comparison back to 2001 when GP figures were a little betterthe same $1,000,000 generated $440,000 in profit leaving the Proprietor in a little better shape than todays stalwarts then let us not forget back then, no GST :whistle: :whistle: SOMEWHAT DIFFERENT TO TODAY, HUH :clap: No I'm not for sale just yet, I need a new WRX :woohoo: :woohoo: I reckon a few around me may fall over in time to come & the fruits of my effort shall return & at the very least hunting will carry me thru ;) Oh, Jack, every packet of Vegetables I buy from Woolworths is methodically flipped over to see the country of origin, let me say sometimes its an effort to find Australian & the next time I leave the Chinese peas in the freezer won't be the first Keep up the good work, your opinion is appreciated and next time in make yourself known to take ownership of a $20 voucher Rant overFinatic

[1ONMEPILLIE 0]

Nice one Finatic ;)Right on the money

[Guest]

Not meaning to be a smart arse but its $30,000 GST because you claim back $60,000 worth of GST from your stock purchases.

[finatic 1]

You only claim it back if you've bought $660,000 worth of stock and let me tell you there ain't a whole lot of that happening right nowmost stores in Adelaide haven't yet paid their Xmas accounts :woohoo: :woohoo: but, the GST still came due 4 days ago :evil: :evil: and my bet is plenty of it didn't get paid either Winter is coming :rain: Fuels about to hit $1.50 plus :whistle: I'm going shootin' ;) Finatic :whistle:

[Guest]

If you have turnover of $1,000,000 and make a gross profit of $340,000 then that means you've sold $660,000 worth of stock hence claiming back $60,000 on those stock purchases.

[Terowie 3]

I'm going shootin' ;) Finatic :whistle:

After bob brownstains and his cohorts get the balance of power you can forget that as well.