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The Forum > General Discussion > Penalty rates

Penalty rates

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I am not disputing your numbers at all I did at the start of my post say the legal ones,Maybe you hit the nail on head too many cafe's the old supply vs demand you have to much supply, Now carry your argument through further so we drop penalties and drop wages, Who do you think comes into your cafe ? People with money other peoples workers It goes around and around,How do you think all those public servants losing their jobs will go where did they spend their money @ shops now they will be all on the dole no more cafe visits for them. How many retail sale people can now afford the goods they sell not many how many waitresses can afford to go to restaurants not many. Can you not see the downward spiral your thinking would take us, It would hurt your business and all other small businesses hard, Get ride of the shonky operators get supply vs demand equal and be creative this will lead you to success. I do agree tax needs reform i.e payroll and such also and multi-nationals and big business need to play the game fairly but whilst , Liberal governments continue to suckup to the big boys and sack taxation staff none of your problems will be solved no tax officers= no on to close down the shonks, bigboys=paying kickbacks and not paying tax= your further behind.
Posted by Aussieboy, Tuesday, 22 April 2014 10:58:17 AM
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unlike aussi..i am disputing your math

<<Here's an example of business.

Sales, 20,000 per week.
Cost of goods, $5000,
wages, $7000, running costs $4000, profit $4000.

>>>YEP NUTHIN WRONG WITH THAT
SALES 20,000
MINUS 5,000+7,000+4000=16,000=4000

yep true blue/but then the racist...COMES OUT N YOU
AND THE MATH GPOES OUT THE DOOR

<<>.Now over the Easter week, let's call that $35,000.

GREAT..SALES 35,000
YES EXCELENT..minus same rent/costs=16,000

THATS A FOUR FOLD PROFFIT

BUT NOW LOOK AT HOW THE MATH CAN turn 16.000 BUCKS
INTO A 2 GRAND LOSS..no bonus people we made a 2,000/loss

but wait ya just said sales 35,000..[but left off the sales
then went did ya magic..so lets recheck the numbers

easter/gross 35,000
easter net 16,000

normal nett=4,000

but lets see how double pay [or some other emnployee ploy]..got that way

35,000
minus

<<>>COG $8750, RC $6000 wages $23000,>>
=<<<profit $(2750) loss!

HUH?
YA CONM\N ARTIST>..<<<All because of wages being paid at triple time on public holidays.

Sure, a surcharge does make some difference>>

OH WHO GIVES A FREAKING TOSS
SEE ya boss
Posted by one under god, Tuesday, 22 April 2014 11:53:49 AM
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OUG, at last a post I can sought of follow.

Now to that Easter week and the $35K. How I'm being racist has got me con fussed by the way.

Rent 'usually' stays the same, however energy costs increase as the more one cooks, the more energy is consumed, then there are outgoings such as garbage disposal that can increase.

COG definitely increase as you can't sell the same piece of fish twice and GROSS profit definitely increases.

So, out of the $35K, we take increased COG $6,000, increased RC $8750, which leaves gross profit of $20,250. A bit more than double. I have taken expenses out but shouldn't have, but it does make it easier.

To make it simple, I have arrived at the figure of $20,000 by simply dividing the week by 7, $2857 per day.

The additional $15,000 is on PH which is $2857 +$5000=$7857 x 3=$23571.

So, of the $35K, $23571 is on PH @200% loading, the, allowing for increased productivity is calculated at 80%, not 105% (3x35%) or, $18,975.

The remainder $11500 , taken during normal time wages @35%, or $4025.

So the gross profit was $20,250, ( less wages of $23000, the net loss is $250.
Posted by rehctub, Tuesday, 22 April 2014 12:45:28 PM
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