Hi there, we are pretty close to those numbers usually right around 50% gross merchant and depending how you wanna pay yourself around 10% net profit. I have a business partner so we are both taking a little bit more than maybe company normally would. Where in Canada land of no opportunity though lol sometimes I feel like if I was in the USA I would be highballing, but maybe that’s just an excuse. Also, I’m in the Vancouver area of Canada and I can tell you from my experience. A lot of the trades are around breakeven. 0% net profit. They have lots of right offs they can drive a nice pick up and have a flexible schedule and that’s basically a win. It seems.
I think that’s the key, being busy doesn’t always mean being profitable. Every market has its challenges, but knowing your numbers, pricing correctly, and protecting your margins is what allows a business to grow instead of just survive
