Posted by Billy NY on July 26, 2011 at 07:55:02 from (74.67.3.54):
In Reply to: Re: Under bid on a job posted by Andy Moncman on July 26, 2011 at 06:52:17:
Right, but one flat tire or job related problem with your equipment and you are in the drink, you can't be in business to gamble, the odds do not work, this time you win, the next 3 times you don't. You need that buffer whenever possible, but without being greedy. I agree with the risk taken no guts no glory, but use that as a business model, over time it fails, there is always that element of unforeseen things arising, you can take a chance on ocassion, but if jobs are that competitive, very difficult to succeed by making reasonable profits, depreciation, wear/tear on your equipment, general conditions overhead never stops, and is why your profit margin cannot be consistently low.
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