Accrington Web - View Single Post

bobs11 · 10-05-2009, 19:51

Thats in answer to a previous thread on this post stating you make 100-200% on food. If you do a business plan then of course its relevant. You have to calculate your GP and Net Profit.. So of course you have to deduct the cost of buying/making the product from your retail price hence the true GP figure. go to a bank and tell them you expect to make 200% GP and you will be shown the door, There is no such thing as 100% GP (or anythin in excess of) - its impossible

10-05-2009, 19:51	#26
bobs11 Junior Member+ Join Date: Apr 2009 Location: Bromley Posts: 8 Liked: 0 times Rep Power: 0	Re: Thinking of opening a business Thats in answer to a previous thread on this post stating you make 100-200% on food. If you do a business plan then of course its relevant. You have to calculate your GP and Net Profit.. So of course you have to deduct the cost of buying/making the product from your retail price hence the true GP figure. go to a bank and tell them you expect to make 200% GP and you will be shown the door, There is no such thing as 100% GP (or anythin in excess of) - its impossible