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Business Management Discuss the day to day running of your business here. Discuss accounting, Insurance and staff issues.


View Poll Results: 2 man team with chipper annual turnover
below 50k 15 25.00%
up to 60k 7 11.67%
up to 70k 4 6.67%
up to 80k 11 18.33%
up to 90k 5 8.33%
up to 100k 8 13.33%
100k plus 10 16.67%
Voters: 60. You may not vote on this poll

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Old 16-09-12   #1 (permalink)
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Turnover...

Hello,
Question for the honourable members of this online community.
I would like to ask what people believe to be a reasonable average annual turnover in pounds sterling for a 2 man team with chipper, generally well equiped and also running pedestrian stumpgrinder.
Please respond to my poll.
Regards
Ty
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Old 16-09-12   #2 (permalink)
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Re: Turnover...

80k.
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Old 16-09-12   #3 (permalink)
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Re: Turnover...

Crikey Ty, that has to be the longest running and most contentious subject on here.
Why don't you start and tell us your's!
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Old 16-09-12   #4 (permalink)
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Re: Turnover...

Well, we have just become a limited company and our expected turnover should be no less than 70k (80k euros) for year one.
Revising a long term business plan to give us some clear targets in terms of money and equipment.
We work hard and long hours, far harder than if we were simply employed and with more energy.
I've stood and watched other larger companies at work and wondered how they earn a coin plodding along as they do.
I should not have clicked 'Public' as I didn't intend to pry, I just wanted an idea, I don't need to know individuals turnover.
Is it too late to change that?
Ty
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Old 16-09-12   #5 (permalink)
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Re: Turnover...

35k is fine as long as profit is 34k . Turnover is not really a good indication of a good business whats important is profit.
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Old 16-09-12   #6 (permalink)
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Re: Turnover...

roughly 80-90k would be a comfortable turnover. probably most 2 man bands come nearer to 70 though i should think.
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Old 16-09-12   #7 (permalink)
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I think you need to say what you want to profit and then compare that to turn over.
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Old 16-09-12   #8 (permalink)
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Re: Turnover...

Quote:
Originally Posted by Stephen Blair View Post
I think you need to say what you want to profit and then compare that to turn over.
Don't think that was the question.
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Old 16-09-12   #9 (permalink)
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Re: Turnover...

Quote:
Originally Posted by gensetsteve View Post
35k is fine as long as profit is 34k . Turnover is not really a good indication of a good business whats important is profit.
My thoughts too. A large company might have a turnover of 1 billion but still lose millions.
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Old 16-09-12   #10 (permalink)
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Quote:
Originally Posted by stumpgrinder View Post
Don't think that was the question.
Exactly why I posted what I did.
Turnover means very little unless you Know the profit so you can work out a percentage , and see if it was all worth it.
Are 2 guys partners with equal shares or a labourer, branch dragger, climber.
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