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afterhours
Ok my shop has been open right at one month. tallied up all the money spent to open the shop (rent,lights,tools,tint,etc.) comes up to about a $1200 loss. now i know next month will be better for many reasons. People are starting to know i'm there, i don't have to buy tools, less money spent on deposits for new building lights etc.... So my question is, is my loss major, normal, or was this month great???

Business wise i felt like things where awesome considering i'm new in a location that doesn't know much about tint. Actually beet out my competitor by a pretty fair margine (only know these b/c we are buds).... so what is normal for a first month???
Mr paladin
that is not uncommen at all in fact it is not uncommen for a new business to take a year before turning a profit orngbiggrin.gif
Retro Tint
QUOTE (afterhours @ Aug 28 2005, 07:54 PM)
Ok my shop has been open right at one month. tallied up all the money spent to open the shop (rent,lights,tools,tint,etc.) comes up to about a $1200 loss. now i know next month will be better for many reasons. People are starting to know i'm there, i don't have to buy tools, less money spent on deposits for new building lights etc.... So my question is, is my loss major, normal, or was this month great???

Business wise i felt like things where awesome considering i'm new in a location that doesn't know much about tint. Actually beet out my competitor by a pretty fair margine (only know these b/c we are buds).... so what is normal for a first month???
[*]309663[/*]


If your buds, why not split some cost and get it going as partners? beer.gif
FilmBlazer
QUOTE (Retro Tint @ Aug 30 2005, 09:32 PM)
QUOTE (afterhours @ Aug 28 2005, 07:54 PM)
Ok my shop has been open right at one month. tallied up all the money spent to open the shop (rent,lights,tools,tint,etc.) comes up to about a $1200 loss. now i know next month will be better for many reasons. People are starting to know i'm there, i don't have to buy tools, less money spent on deposits for new building lights etc.... So my question is, is my loss major, normal, or was this month great???

Business wise i felt like things where awesome considering i'm new in a location that doesn't know much about tint. Actually beet out my competitor by a pretty fair margine (only know these b/c we are buds).... so what is normal for a first month???
[*]309663[/*]


If your buds, why not split some cost and get it going as partners? beer.gif
[*]310247[/*]



No Chit!
yellohx
It just depends on your reputaion as a tinter. If your good Everyone will know you by name. We have a new shop that isnt even open yet and we already turned a profit.
afterhours
well the thing is we actually are sort of. i actually tint at his shop and i own my own shop. his shop is the closest competition and that is about 30 miles away. so i guess my only competition around is my self? go figure.
Tintum
icon_confused.gif you tint for him and work for yourself...sounds like you are your competion.
Tinitman
What a minute

You just opened a business and are expecting a profit the first month? It took me six months to show a profit and a year before I took in a steady income.

I think you need to focus on a forcasting budget, a projected sales goal each month and work from there.

if you are just hoping to make a profit without a plan, failure will be an option
Devil with bad attitude
QUOTE (Tinitman @ Jul 26 2006, 02:31 PM) [*]416547[/*]
What a minute

You just opened a business and are expecting a profit the first month? It took me six months to show a profit and a year before I took in a steady income.

I think you need to focus on a forcasting budget, a projected sales goal each month and work from there.

if you are just hoping to make a profit without a plan, failure will be an option


Be buggered!!!!!!!!!
I was wanting a profit from day 1 and made sure I did it by selling the jobs appropriately with the right profit margin.
Charity has never started with me when selling film.
Devil duck.gif
Mr paladin
QUOTE (Tinitman @ Jul 26 2006, 02:31 PM) [*]416547[/*]
What a minute

You just opened a business and are expecting a profit the first month? It took me six months to show a profit and a year before I took in a steady income.

Dam I have had my business 21 years and still work for free Flaugh.gif
willie
QUOTE (Mr paladin @ Jul 26 2006, 07:36 PM) [*]416589[/*]
QUOTE (Tinitman @ Jul 26 2006, 02:31 PM) [*]416547[/*]

What a minute

You just opened a business and are expecting a profit the first month? It took me six months to show a profit and a year before I took in a steady income.

Dam I have had my business 21 years and still work for free Flaugh.gif



kick her to the curb and you would have some left lol2.gif
good to see you around thumb.gif






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