Silver_Surfer:
C&H was & is a profitable company, granted a small profit compared with turn over but probably the industry standard.
Just over £200,000 profit on £21 million turnover hardly qualifies as profitable, would get more sticking the money in the bank, the parent company was what kept C & H going.
I don’t think it is anything to do with the type of trailer… Fridges cost a lot more that taults, flats, skellys, etc etc. new fridge we put on road last month cost £74k and the cost of a fridge load from Manchester to Bristol isn’t any different from an ambient load…
In my opinion there is 2 ways to run your business…
1 : To be told what the rate is by the customer…
2 : To tell the customer what the rate is…
However you have to give a fantastic service to your customers and keep them very happy to run it like number 2. You need to make it not about price but about service and commitment you offer.
del trotter:
Silver_Surfer:
C&H was & is a profitable company, granted a small profit compared with turn over but probably the industry standard.Just over £200,000 profit on £21 million turnover hardly qualifies as profitable, would get more sticking the money in the bank, the parent company was what kept C & H going.
There are loads & loads of transport company’s who run on a 1% profit margin. I’d say 3 or 4% is the norm & if you’re doing more than this you are an exception to the rule.
Silver_Surfer:
del trotter:
Silver_Surfer:
C&H was & is a profitable company, granted a small profit compared with turn over but probably the industry standard.Just over £200,000 profit on £21 million turnover hardly qualifies as profitable, would get more sticking the money in the bank, the parent company was what kept C & H going.
There are loads & loads of transport company’s who run on a 1% profit margin. I’d say 3 or 4% is the norm & if you’re doing more than this you are an exception to the rule.
Well Stobart made nearly 6% and they’re meant to be clueless according to most on here, so 1% is absolutely dire in my opinion.