View Single Post
Old September 22, 2012, 12:11 PM   #30
Senior Member
Join Date: December 13, 2010
Location: Virginia
Posts: 1,964
KyJim wrote: Skadoosh --

You've obviously never run a business. In your analysis, you figured $10 per hour labor (which is not that much above minimum wage) but you forgot the employer's contribution to social security, unemployment, and worker's comp. A good employer also tries to help with health insurance. You've also got to consider utility costs, cost of work space (rent or it's equivalent), and other overhead. All of a sudden, that "huge" profit margin is gone.
...if you had actually looked at the the Theis website, you would realize that it's a one-man operation run out of his garage/shop or home.
NRA Life Member
USN Retired
Skadoosh is offline  
Page generated in 0.04000 seconds with 7 queries