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bobs11 · 05-05-2009, 20:44

Where on earth can you make 100 - 200% on food??? That is impossible. If you are talking about selling something at retail at twice the cost price then that is 50% ie cost price £1 and sell for £2 is 50% gp. You can never make 100% profit unless you have no costs involved in producing what you sell!!!

05-05-2009, 20:44	#20
bobs11 Junior Member+ Join Date: Apr 2009 Location: Bromley Posts: 8 Liked: 0 times Rep Power: 0	Re: Thinking of opening a business Where on earth can you make 100 - 200% on food??? That is impossible. If you are talking about selling something at retail at twice the cost price then that is 50% ie cost price £1 and sell for £2 is 50% gp. You can never make 100% profit unless you have no costs involved in producing what you sell!!!