Some intersting points raised here. Steve was spot on when he mentioned about the cost of running a business in this country. We started out working from a 12 foot square shed in the garden, it was fine for the first couple of months but we outgrew it quickly. We now have very cheap premises - cheap being a comparative term. Outgoings include rent, business rates, ground maintenance charges, building insurance, public liability insurance, stock insurance, internet access, web hosting, phone, mobile phone, advertising, cost of running a vehicle, licence to allow us to store waste electrical items, licence to allow us to transport waste electrical items, the list goes on. People look at what we sell stuff for and what we buy stuff for and think they know what our profit is - they don't - they know our gross margin, the profit is only a small part of that.
We try to offer stuff at a reasonable price, we do our best to offer the best possible customer service. I know we are not your average dealer but can well understand the challenges faced. The cost of doing business in this country is extremely high, blame the government and greedy local councils rather than your struggling hi fi dealer.
There, can of worms stirred :-)
Dave.


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Originally Posted by griffo104



