Letter from your Boss - interesting read - Page 2

bafel · 25-02-2009, 07:54 PM

Sounds like the kitchen just got too hot for someone

scradley_6666 · 25-02-2009, 08:57 PM

Im buying some defillipo headers and an x-forcee exhaust with my $900 plus obviously my own money. Im stimulating myself with these mods... Who wants my $900 government money and the rest of my 38 hour pay???

On a more serious note (im still buying that stuff), my boss works hard and i dont even like him. But i respect him coz if he didnt do such long hours and and work so hard, he surley would of cut my pay. But he works hard to make him more money too...

CAMS290 · 25-02-2009, 09:55 PM

Great Read

Stattic · 25-02-2009, 11:12 PM

i enjoyed reading this piece and also some of your responses but i would like to make the point that the previous government handout AND the one some are about to receive are not going to be effective because
1. people are struggling and will use it to pay their mortgage (interest rates have fallen but its too late for it to make a real difference, people are far enough behind already)
2. people are struggling and will use it for petrol, which we are paying too much for, which the government does nothing about
3. people are struggling and choose to buy foreign, cheaper products instead of australian made and/or owned; if people chose such products, the stimulus package would start to take effect

if the above are all true (particularly number 3), then this "boss" is correct. australian businesses DO need to be supported.
1. less taxes means they get to take more home and dont have to put their prices up so high as this makes their goods even less accessible to australians compared to cheaper foreign counterparts

2. tariffs need to rise, not fall on foreign goods. im sure everyone is in the know about the car industry crisis are a few obvious things annoy me about it and obviously they will to you. why is it i can buy a hyundai getz far cheaper than i can a focus or festiva or a barina or an astra? i dont think this is right... or maybe the government is the clever one and wishes for us to have crappy cars on the roads so that our mechanics have more work repairing breakdowns? not likely.

3. the government needs to do far more for small businesses, the work is drying up because of the current climate but its not just the trade owners that are suffering, its the apprentices. apprentices are being layed off, young adults fresh out of school cant find apprenticeships, this is australia's future we are playing with. sure, they can go work in retail for a few years and be qualified for what??? they can work at coles or kfc but where will they be in 10 years? 5 years??? yes, it is possible to survive on unskilled labour and yes, it is possible to do quite well, but not for everyone. those people are going to be in the same position as people are now, no money for spending and then we are stuck in exactly the same position we are in now.

the government stimulus package ****es me the hell off but i will be thankful for my $900 when i receive it. its going to stay in the bank and be saved for a rainy day because i cant afford to be throwing money around

BlackLS · 25-02-2009, 11:54 PM

Quote:

Originally Posted by Stattic

2. tariffs need to rise, not fall on foreign goods. im sure everyone is in the know about the car industry crisis are a few obvious things annoy me about it and obviously they will to you. why is it i can buy a hyundai getz far cheaper than i can a focus or festiva or a barina or an astra? i dont think this is right...

Your an idiot. The Festiva WAS made in the same country as the Getz but hasn't been sold for a good 8 or so years. Other 3 cars are also built overseas so if the tarrifs were increased the prices of Focus etc would be included.

Stattic · 25-02-2009, 11:57 PM

ok so the post did go through, can a mod delete this one?

paule11 · 25-02-2009, 11:22 PM

Its a worldwide problem and it may get far worse across the world

Stattic · 26-02-2009, 12:06 AM

i swear to god i just replied to that post maybe i forgot to click post....
anyways i said yes, you are right, i chose a bad example without really thinking about it but the point still stands in general, im talking about australian products vs foreign products overall
and no im not an idiot =) just misinformed

Barry_v · 26-02-2009, 09:01 AM

start the violin music, the boss is hard done by.

Black F6 · 26-02-2009, 12:09 PM

Good read but if he is paying $288,000 a qtr in GST, his turnover is at least $3,168,000 a qtr, $12,672,000 a year and cant employ 14 peoples wages

JC · 26-02-2009, 12:39 PM

Quote:

Originally Posted by BFXRScott

Good read but if he is paying $288,000 a qtr in GST, his turnover is at least $3,168,000 a qtr, $12,672,000 a year and cant employ 14 peoples wages

Sounds like his expenses may be up around the $12m mark too, so yes, it is cutting it fine. Turnover does not take into account cost of business (it's just gross sales).

I thought it was a very good read, and I absolutely agree that the $900 being given to government benefit recipients (generalised as single mothers etc) is a complete waste (unless the single mothers spend it on condoms, lol). Some families who are actually working, but living close to the poverty line, actually could use the extra money; unfortunately, they will most likely buy things they couldn't otherwise afford (such as PLasms TVs, or a blue ray DVD player, or both). So does the money help Australia deep down? Probably not; to me, it's just a band aid for the retail sector that will last all of 2 days!

For the record, I am married and have 3 kids and I and the kids won't get a cent in the handout (I think the missus gets her $900 though - it's already been spent on replacing the F&P washing machine that died last week after 15 years good service); but then apparently we get paid enough not to need it (I wish). Had my missus not gone back to work part time, and we relied on the Tax A and B payments etc that we would otherwise get, we would have got this "stimulus" and probably been better off than we are now, but we believe in generating our own taxes...er income, not sponging off the govt..

GT0132 · 26-02-2009, 12:51 PM

Quote:

Originally Posted by BFXRScott

Good read but if he is paying $288,000 a qtr in GST, his turnover is at least $3,168,000 a qtr, $12,672,000 a year and cant employ 14 peoples wages

That $288k would be a combination of GST as well as PAYG (tax instalment on company profits) , payroll tax, FBT...not just GST

Black F6 · 26-02-2009, 01:00 PM

Quote:

Originally Posted by GT0132

That $288k would be a combination of GST as well as PAYG (tax instalment on company profits) , payroll tax, FBT...not just GST

Yeah but with that amount payable, even taking into account instalments, still should be very profitable, if being run efficiently, mind you

timmo · 26-02-2009, 01:10 PM

I've managed and run businesses since I left school. Never went to uni, but the majority of my mates did. It's interesting to speak to them about this sort of thing, as they feel as though they are owed a job, and they are doing their employer a favour by working there.
A lot was said in the build up to the election about Worker's Rights, but where are the businesses rights? The same people who whinge about losing their job, wouldn't think twice about jumping ship to a rival company if they were offered a better deal. This infuriates me.
My dad has always said "If you vote Liberal, you vote for the country. If you vote labor, you vote for yourself". I think this is really starting to show now, and the more I see K Rudd on TV spruiking a new incentive, I think where is the money coming from? And how are we going to pay it back.
On a side note, if the original stimulus package was designed "for you to go out and spend" why was it not given to the people who have the ability to spend it as recklessly as the Government intended, the high income earner? It's playing politics, and buying votes at a time when politics shouldn't have come into it...

flappist · 26-02-2009, 01:24 PM

Reading all these posts written by employees about running business is like reading posts on here about V8SC drivers.

You have never done it, probably can't actually do it and have no idea what you are talking about.

You DO, however, have a keyboard........action, instant, CONTACT...........

**Charliewool** · 26-02-2009, 01:50 PM

Quote:

Originally Posted by flappist

Reading all these posts written by employees about running business is like reading posts on here about V8SC drivers.

You have never done it, probably can't actually do it and have no idea what you are talking about.

You DO, however, have a keyboard........action, instant, CONTACT...........

AMEN!......... THANKYOU!!!!

GT0132 · 26-02-2009, 01:55 PM

Quote:

Originally Posted by flappist

Reading all these posts written by employees about running business is like reading posts on here about V8SC drivers.

You have never done it, probably can't actually do it and have no idea what you are talking about.

You DO, however, have a keyboard........action, instant, CONTACT...........

Who are you referring to exactly?

flappist · 26-02-2009, 02:07 PM

Quote:

Originally Posted by GT0132

Who are you referring to exactly?

The "expert" posts on here that are written by people who have never run a business or worked in the field of accounting/administration of any business.

Bearman · 26-02-2009, 02:09 PM

I believe compliance costs are a big impost on business. It's ludicrous!! I work for a Federal Govt department and each department has it's own compliance requirements. It's a huge headache for business and it's only getting worse. Couple this with subtle cost shifting onto private enterprise makes running a business quite unattractive.

The solution rests with Government but there is neither the finances or political will to address this.

Someone said we're the "worlds biggest warehouse". Spot on!!

XWGT · 26-02-2009, 02:20 PM

Remove Sarb Ox from the equation (which has been demonstrated to be fundamentaly useless time and time again) and you would cut large coporate costs by 10% at least.

Overall however it is a balance. The article was written to extract an emotive response (which it did looking at some of the replies) and thats fine, it was an article.

The only thing I would point out to the author is that he did not pay those taxes personally. The customer did in the price of the product or services. The customer even paid for the compliance costs.

The trick of course is to ensure the customer pays enough, often enough to provide the business owner a reasonable profit. And that, is indeed the tricky part :-)

GT0336 · 26-02-2009, 03:08 PM

Great read, its the truth, people have a go at me for the things I have and because I work from home, but they don't see the work that I put in to build my company so that I can do that today.

timmo · 26-02-2009, 07:27 PM

The fixed price example for an XR6T is spot on.
AS I worked for the company i'd like to add:
Pac Brands is not just bonds, king gee and hard yakka. Because these brands are iconic it means that tugging on heart strings will sell papers and increase ratings. From a fashion point of view, which I'm sure a lot of you wear, Pac Brands has the licences for Stussy, Mossimo, Mooks, Paul Frank, Everlast, World Ind. and SuperDry, all of which are designed here, but manufactured in China. This is out of necessity, because there is a limited market for people who are willing to spend more than $100 on a T-Shirt, which the price would be if it was manufactured in Australia. There has never been a TT or ACA special on these brands manufacturing in China, still the same company.
I'm all for Australian owned and made in principal, as I'm sure the majority are, but we've created this ourselves by this bargain mentality we've adopted which means we will settle for the cheapest price. Which means out of necessity, these brands will continue to look for the cheaper manufacturing option. In 5 months time, when the first shipment of Bonds undies drops in Big W with a Made in China label there won't be a boycott, there will be an acceptance that the price for very comfy boxers has dropped from 15 to 10...

Barry_v · 26-02-2009, 07:59 PM

I'm pretty sure the govt handouts arent specifically addressed to single mothers. you could just as easily say that business tax cuts are aimed to line the pockets of greedy shareholders. its an idiotic stereotype and even small business owners should be able to see that.

Bossxr8 · 26-02-2009, 08:11 PM

Since when is a Subaru Outback something to brag about?

Stattic · 26-02-2009, 08:43 PM

Quote:

Originally Posted by Bossxr8

Since when is a Subaru Outback something to brag about?

you know, i was thinking the same thing

GT0132 · 26-02-2009, 08:21 PM

Quote:

Originally Posted by Barry_v

I'm pretty sure the govt handouts arent specifically addressed to single mothers. you could just as easily say that business tax cuts are aimed to line the pockets of greedy shareholders. its an idiotic stereotype and even small business owners should be able to see that.

Sure, but when it comes to government handouts, solo mothers with 4 or 5 kids seems to be first demographic that springs to mind, right or wrong. Another category would be dole bludgers

bingoTE50 · 26-02-2009, 08:49 PM

Well I owned a Company for seven years , it is a 24/7 occupation. The first holiday I had I got pnuemonia....
But , since I sold it ,I cannot work for others, so I am looking to get back on the horse again....
There is nothing better than charting your own course without red tape from others.

paule11 · 26-02-2009, 08:51 PM

Quote:

Originally Posted by bingoTE50

Well I owned a Company for seven years , it is a 24/7 occupation. The first holiday I had I got pnuemonia....
But , since I sold it ,I cannot work for others, so I am looking to get back on the horse again....
There is nothing better than charting your own course without red tape from others.

Apparently thats normal you run a business you have to be there so you dont have time to be sick . Have your first holiday in 7 years and you get sick

gtfpv · 30-05-2009, 12:24 PM

i've had the luxury ( or experience of being on both sides of the fence with this .
let me tell you both arent easy. both have there ups and downs . i havent had the experience of being a single mother . or the child of one though .
so i remain neutral and refuse to comment on such things . however it aint easy for many . except a very very small minority of unfairly rewarded super million airs .
that about it .