[Perfect Windows]

don't get too carried away by turnover mate. You could turn over 3-4 mil, but if your profit is 10k, a lot of us on here would beat the 3-4 mil guy hands down. I'm not interested in everyone's answer, but a better assessment of things would be to ask about turnover to profit ratios. Then you would know who has a good business. It is not always the guy with the biggest number.

Yes, I'm off out to spend my turnover to profit ratio on some bread rolls at the corner shop.  They all accept that round here...

[Knocker]

Plimsol Publications  produce a report on the  UK window cleaning industry and they have listed 34 different companies that turn over more than £1,000,000

[robert mitchell]

Turnover is everything, without it there can be no profit, let's face it who wants 90% of nothing

So if turnover is everything then you would rather have a turnover of 100000 with 30000 profit than 60000 turnover with a 40000  profit ?

Turnover is not everything.

[Gav Camm lammy 283]

Deans quite big
Well he's fat

[Dean Taberner]

Deans quite big
Well he's fat

At least I've got hair son 

[SunShineCleaning]

Plimsol Publications  produce a report on the  UK window cleaning industry and they have listed 34 different companies that turn over more than £1,000,000

Do you have a copy I could look at please?

[Moderator David@stives]

your comparisons are 30% and 66%, no matter what I would rather have 30 % or 66% net profit from £1m turnover, than 30% or 66% of £100'000 or £60'000 to use your figures

Without turnover profits can be very small

[formb]

Without turnover profits can be very small

Yea but; without profit turnover is pointless.

[Knocker]

How about lots of turover with lots of profit (like the good old days)

[Moderator David@stives]

Out of large turnovers, large profits can be extracted, if you turnover 100k , no amount of percentage, profit is going to make you a millionaire, now out of a £1m turnover you might stand a chance.




To make profit a small turnover will severely restrict you

[robert mitchell]

As turnover increases costs usually go up .

So it often happens that profit can decrease with an increase of costs (insurance, staff, equipment etc).

The amount of profit you make is the most important figure.

You can have two businesses with the same turnover and very different profit figures.

[Perfect Windows]

As turnover increases costs usually go up .

So it often happens that profit can decrease with an increase of costs (insurance, staff, equipment etc).

The amount of profit you make is the most important figure.

You can have two businesses with the same turnover and very different profit figures.

Really?  That's an odd conclusion.

Let's take a couple of aspects.

You buy a PC to do your accounts when you reach a turnover of £50,000.  You're probably still using one PC when you have a turnover of £200,000.

You buy a 4040 RO when you're turning over £50,000.  You're probably still using the same 4040 when your turnover is £500,000, just much more efficiently.

I would suspect that of the items you mention, staff costs and equipment costs stay level in terms of proportional share of turnover.  I would also suspect that insurance per person is smaller the bigger you get.

So, contrary to what you've said, "As turnover increases costs usually go up" they may well decrease as a proportion of turnover, if anything, leading to higher profit margins and thus higher profits.



Still, this isn't really an argument about profits or turnover is it?  It's a justification for staying small.  Which is fine, but it doesn't make it correct.

Vin

[Rob_Mac]

I am not going to say what my profit margin is and this may not be relevant but mine has gone up, each year for the last seven, as the business has grown. Smart business working or improved charging, I certainly am not smart

Rob

[richard jagger]

We are the biggest window cleaning company by far.

[Dean Taberner]

My turnover has gone up x10 in the last 6 years and is still rapidly going up,

The profit on the other hand hasn't gone up x10 but it certainly has gone up quite significantly and that is still climbing too.

Rather like the game football manager where you start off in the conference south and try to work your way up.

All good fun and a great challenge,

Dean.

[Moderator David@stives]

We are the largest in St Ives by far

[Dean Taberner]

We are the largest in St Ives by far

You don't like it though do you Dave? Windows?

[Moderator David@stives]

I hate windows Dean

[Dean Taberner]

I hate windows Dean

I thought you did,

I don't hate them, But find them a bit boring at times.

[Philip Osborne]

don't get too carried away by turnover mate. You could turn over 3-4 mil, but if your profit is 10k, a lot of us on here would beat the 3-4 mil guy hands down. I'm not interested in everyone's answer, but a better assessment of things would be to ask about turnover to profit ratios. Then you would know who has a good business. It is not always the guy with the biggest number.

So speaks an experienced man!

(We've got to stop complimenting each other's posts, people will think there's something going on! lol)