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Thread: McCain is wiping the floor with Obama tonite

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  1. #1
    Join Date
    Jan 2006
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    Quote Originally Posted by J-Dogg View Post
    Just about any franchised restaraunt that is independantly owned would be an example.

    Grocery stores operated on a profit margin of about that.

    Most hospitals are actually non profit.

    Home Depot and Walmart both operate on smaller margins, but have much higher sales so they would be over the 250k mark.

    I think you have the wrong idea of what "company" profit is. We are not talking about what the owners income is. We are taking about what is left after all the bills are paid....including the owner.

    I've always found it amazing too the amount of people that just assume because you walk into a large business, that they must just be rolling in the doe. They have to give you that impression or you might think they are not a legitamiate business.

    That building is not profit, those big windows in the front, not profit, all the merchindise on the shelf...that's not profit either. After paying for inventory cost, insurances, taxes, property taxes, wages, accounting fees, gas, company cars, a a million other things you just took a 25 million dollar business and made 250k, if you make a profit at all and are not just floating off a line of credit.
    in any sole proprietorship any profits are given back to the owner

  2. #2
    Join Date
    Oct 2001
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    Quote Originally Posted by RuhlFreak55 View Post
    in any sole proprietorship any profits are given back to the owner
    Yup, but almost any one of those is not going to show a income level of 250k.

    If they did, they would go LLC or INC for liable reasons.

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