My plan b, is still waiting for a certain milestone
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Reply to: Milan - Plan B
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Previously on "Milan - Plan B"
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Originally posted by milanbenesout with the home grown and in with the imports - best of luck.
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Hi MF,
glad to hear the numbers are adding up and giving clear signals which way to take the business, out with the home grown and in with the imports - best of luck.
My plan b, is still waiting for a certain milestone which will happen but is taking longer than was at first expected - but this is experience eh, you don't know if you don't try.
This time next year I'll tell you what my plan b is.
Then I'll be seeking advice on a reverse takeover of a small plc on the lse and issuing paper.
Milan.
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Milan - Plan B
Well Milan it appears I was a little premature about the state of my retail business. I had been a little lax preparing account this year and had only taken a glancing interest at the sales (which were down) and so assumed I was doing crap.
Excluiding contract work, turns out that this year will show a profit of £34k on the retail alone on a turn of £168k, last year was £25k profit on £220k(5% Import - Bought out Partner), 1st year was -£20k loss on £189k(0% Import & Business Partner) turnover.
Looks like those two containers I bought this year worked after all.Split is presently 40% Imported, 60% bought in UK.
So in hindsight, you should import and have no business partners!!!
Little bit more upbeat now, looks like I can swallow the rent increase.
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