Quote:
Originally Posted by callipygian
What business do you run?
I have two manufacturing facilities ..
Small aluminum castings...typically quoting $60/labor hour 'might' beat the competition
CNC machine/fabrication shop ... $60-$90/labor hour
You are correct, all data has a point of reference, but there is no confusion here as to what might be entailed into a company's overhead costs! So you can imagine my glee if we were to start turning jobs at $190 per labor hour.
Charity poker in Michigan ...
1) Max $15,000 in chips sales per day per charity per 4 day period, max 4 days per week per location.
2) Supplier (Dealers, tables, cards) is limited to 45% of the first $2000 ($900) in rake minus rent, which must be a separate entity. Charity keeps all rake above $2000.
3) Locations may run two charities in one day, but must take an hour break between stop/start points.
4) Room must rake a minimum of 13.3% of it's sales to 'max out' and then provide 'free' services until closing.
So best case scenario (free rent, full rake) is that a Supplier grosses $7200 per week per location. Now, yes, there's a business model that works under these restrictions but rarely do you have a business that is capped on revenue regardless of the effort put into it ... and having to turn away business at the door when you have a 'good' day ... and provide your service at 'no charge' once you hit your cap. GL
Last edited by answer20; 09-11-2017 at 02:22 PM.