Clean It Up

UK Floor Cleaning Forum => Carpet Cleaning Forum => Topic started by: ian harper on September 01, 2013, 12:25:43 pm

Title: profit - operating costs ratios
Post by: ian harper on September 01, 2013, 12:25:43 pm
Has anyone seen any quoted numbers on what our sector should expect when it comes to the profit - operating costs ratios?

example: operating costs 60% profit 40%

its hard to know if you have a good one or not when you only have your own numbers to go by.
Title: Re: profit - operating costs ratios
Post by: Craigp on September 01, 2013, 12:52:59 pm
Good Topic.

I recall Robert Saunders teaching us about the cost of carpet cleaning, of course we all thinks it's free to us as it's our time a few pence on chems..

The best way to work it out is say your yearly espenses were £15k divide that by lets say you do 350 jobs a year.

= £42 per job.

So £42 is you break even on every job, with that information I would say min order should be around £75 +

I know that does not quite answer your question.. but it's all I have  :D
Title: Re: profit - operating costs ratios
Post by: Craigp on September 01, 2013, 12:59:04 pm
PS I think you should be looking at more like 20% expenses 80% profit (pre tax)
Title: Re: profit - operating costs ratios
Post by: Ian Gourlay on September 01, 2013, 05:49:05 pm
Craig I think expenses would be more than 20% I realize with the internet many guys are not spending on advertising , but I still think it makes sense to spend £20 to get £100 back. So that's 20% to start with, then in an ideal world we should all replace are vans and equipment on a regular basis
Title: Re: profit - operating costs ratios
Post by: Len Gribble on September 01, 2013, 06:18:29 pm
Think the bloke (mr 10% he was called) who ran rentokil look at 10% profit and growth of 20% pa  ???
Title: Re: profit - operating costs ratios
Post by: wynne jones on September 01, 2013, 07:48:18 pm
The fast track approch was make as little profit as you can get by on because you put as much as possible into marketing so your business grows like cancer.
Title: Re: profit - operating costs ratios
Post by: mark_roberts on September 01, 2013, 08:52:11 pm
Year on year costs are around 30% of turnover.

I could easily lessen this but then Id have to work harder.

Mark
Title: Re: profit - operating costs ratios
Post by: ian harper on September 02, 2013, 06:24:03 am
this number has what i call some magic to it. Microsoft lost a massive part of the operation systems market but trebled their profit. Or like the supermarkets they need to keep expanding to maintain profits

I found this example

http://smbtn.com/bizratios/