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Photo Forum / General Photo Topics / Australian Photography / February 2007[comm] Photography business for sale
If anyone is looking at how to get into a (profitable) part or full time business using their digital camera. I am selling off my LE, regional calendar business on Ebay. All the know how, software and some binding gear etc. It makes money out of the box, so to speak, if you have an eye for an emotional scene. On top of the cost you'll need a few hundred bucks for printing and the means to get where you need to be for the pics but you could easily be making a full time income as a self published Photographer by this time next year. Certainly by Christmas this year, you be making money from doing what you love... http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=170077195281&ssPageName=AD ME:B:EF:US:11 Watch the wrap in the link! Thanks for reading,  SignatureFrom Douglas... Wedding and Portrait specialist: http://www.photosbydouglas.com Canvas prints and Digital enlargements: http://www.canvasphotos.com.au Wedding Photography anywhere on the east coast of Australia. This bit caught my eye... "I'll give you full documentation on who, where and how much it will cost to produce these calendars and make over 100% profit from each sale." How can you make over 100% profit? > This bit caught my eye... > [quoted text clipped - 3 lines] > > How can you make over 100% profit? Just one of the things he almost tells the truth about?? And while we are at it how about posting this utter rubbish in the for sale group dirtbag!! Have a nice day. : > This bit caught my eye... : > [quoted text clipped - 10 lines] : : Have a nice day. Hey Pete... How's it going over there? I haven't been to Perth since 1992. Are all those authentic Greek restaurants still in North Perth? Man, my mouth is watering just thinking about it. Quite acceptable to post the message here... Prefaced with [comm.] so that when you learn how to configure your news reader, it will ignore such posts and you won't even know they were made. Here's an idea... Why don't you just hit the "tools" word in the menu bar, then go down to message rules... News and do it now? While you're at it, filter me out too, seeing as you clearly get your rocks twisted every time I make a post. You'll feel better without the tension on your scrotum. Might even start to sound like a male again... That'd stop those blokes trying to chat you up while you wait for the school bus... You know, talk like a man instead of a girl. Another tip for you: Ask mum to get you some long pants. Shorts are a dead giveaway these days. You have a nice day to Pete. Douglas > : > This bit caught my eye... > : > [quoted text clipped - 38 lines] > > Douglas Thanks for the tips Doug but it seems that no matter how many times I killfile you you manage to change your email address or signature just one more time and up you pop again, carrying on about someone that has told you to piss off. And thanks very much but my mother passed away last year and I will thank you to mind your manners. : Thanks for the tips Doug but it seems that no matter how many times I : killfile you you manage to change your email address or signature just one [quoted text clipped - 3 lines] : And thanks very much but my mother passed away last year and I will thank : you to mind your manners. An excellent idea would be to take your own advice, don't you think? > : Thanks for the tips Doug but it seems that no matter how many times I > : killfile you you manage to change your email address or signature just [quoted text clipped - 8 lines] > : > An excellent idea would be to take your own advice, don't you think? Absolutely spiffing idea. Dowg (if that is your name?) I will make a deal with you, you keep the same sig and email address for the next year and so will I, that way when I killfile you you will stay dead, I know I will because I have never changed mine. Deal? Balls in your court sunshine. "My first sale to a local newsagent saw me walking out the door with $1200, Half of which was profit." "I'll give you full documentation on who, where and how much it will cost to produce these calendars and make over 100% profit from each sale." So first you tell us half is profit, and then 100% is profit? >>This bit caught my eye... >> [quoted text clipped - 10 lines] > > Have a nice day. actuall with {COMM} in the header... it clearly states what it's about in advance... i got no probs with that! kosh : This bit caught my eye... : [quoted text clipped - 3 lines] : : How can you make over 100% profit? ---------------------------------------- Good day Rowan... Great question, mate. cost =$1 sale =$2 profit =$1 or 100% of the original cost. Sensational, eh? SignatureFrom Douglas... Wedding and Portrait specialist: http://www.photosbydouglas.com Canvas prints and Digital enlargements: http://www.canvasphotos.com.au Wedding Photography anywhere on the east coast of Australia. > : "I'll give you full documentation on who, where and how much it will > : cost to produce these calendars and make over 100% profit from each [quoted text clipped - 11 lines] > > Sensational, eh? Actually if you go back and read what you said it does not make as much sense as you are leading others to believe. If that was the case then the calendars would cost a minus amount to make. If something costs you $5.00 to produce and you sell it for $15.00 what % profit have you made? Is it more than 100% ? > This bit caught my eye... > [quoted text clipped - 3 lines] > > How can you make over 100% profit? > If something costs you $5.00 to produce and you sell it for $15.00 what % > profit have you made? > Is it more than 100% ? $15 minus $5 = $10 profit $10 is double $5 or 200% Although it could be argued that $10 profit is 100% of $10 profit, in which case any profit would be 100%, but that's a bit like saying 100% is 100% of 100%, which is true but silly >> This bit caught my eye... >> [quoted text clipped - 3 lines] >> >> How can you make over 100% profit? Are you talking about gross profit or nett profit? Gross profit is the profit before the costs are removed as opposed to nett profit which is where all costs have been deducted. But statements in % terms are misleading as $10 is double $5 100% of the original price but is 50% on return. i.e. half is the profit. Duncan >> If something costs you $5.00 to produce and you sell it for $15.00 what % >> profit have you made? [quoted text clipped - 15 lines] >>> >>> How can you make over 100% profit? > If something costs you $5.00 to produce and you sell it for $15.00 > what % profit have you made? 100 * ($15 - $5) / $15 = 67% > Is it more than 100% ? No. Can't ever be, since profit is a proportion of revenue, not of costs. If you can work out a way to be payed more than your revenue, you can make a profit more than %100. (Let us know how, eh? :-) : > If something costs you $5.00 to produce and you sell it for $15.00 : > what % profit have you made? [quoted text clipped - 6 lines] : you can work out a way to be payed more than your revenue, you can make a : profit more than %100. (Let us know how, eh? :-) --------------- You gotta love the English language, don't you? For about 40 years the difference between mark-up, margin and profit has been used by retailers to try and confuse their accountants who in turn attempt to use obfuscation of "Profit" to reduce the amount of liability they have and increase their own profit! The last 4 posts only go the show my simplistic wording is not good enough in this day and age of High School students unable to read or calculate their weekly bus fare. It needs to be explained in something more basic than simple English. Lest we all fall for the trap of oversimplification of our profits. "To reach the profit you will make as a percentage of cost, double your cost and halve the result. If your cost is 100% of $5 and you sell the item for twice that amount, you will make a profit of 100%. (of the original cost). This only makes sense if you have a fiver to get started in the first place. The means of arriving at the profit is, of course dependent entirely on you using the right percentage of "mark up" to achieve a 100% profit margin. If you mark-up 100% of $5 how much profit will you make? You might also consider using the right margin to make such a profit. What then is the correct margin to use to double you money? This is the key to an accurate answer because in talking about profit... The past 4 posters are attempting to quantify a measurement of profit as something other than doubling your money. While you are at it, is the % of mark-up equal to the % of profit margin? The real method of calculating profit is simply to see how much you have left after paying for the item, all the other rubbish is just distracting noise from idle minds. Sell something for $10 and pay for it out of the sale ($5) and you have left 100% of your original investment, cost or whatever you like to call it. Norman might like this method of deciding profit better... Mathematics involved here so pay close attention. Double the amount of your cost and then halve the result. It comes to precisely 100% of the original cost or in my words... 100% profit. My simple description is elaborated on below without the incredibly complex mathematics used to calculate the amount of mark-up needed to have a profit margin of 100%. When you double your cost figure, I.E - $5.00 it becomes 200% of the original cost because $5 is 100% of the cost. Now comes the tricky part... You have divide the sub total of 200% ($10) in half to arrive at the profit amount of $5 which is precisely 100% of the original cost. Double your money on every sale. How's that People? Stunning, eh? Douglas > For about 40 years the difference between mark-up, margin and profit has > been used by retailers to try and confuse their accountants who in turn > attempt to use obfuscation of "Profit" to reduce the amount of liability > they have and increase their own profit! But accounting has had well defined terms for a *lot* more than 40 years. If you choose not to accept them, not much point blaming others. >If you mark-up 100% of $5 how much profit will you make? 50%, (assuming $5 was the total cost including all overheads, and $10 is the total sale price after all taxes are subtracted.) Now if you really meant to ask how much income will you make as a percentage of your investment, why not just say so! > Mathematics involved here so pay close attention. There's your problem, you need to learn accounting instead. MrT. : > Mathematics involved here so pay close attention. : [quoted text clipped - 3 lines] : :\ Amazingly simple answer. Might I suggest too simple for some people? > To reach the profit you will make as a percentage of cost, double your > cost and halve the result. If your cost is 100% of $5 and you sell the > item for twice that amount, you will make a profit of 100%. (of the > original cost). This is nonsense. You're talking about markup and calling it profit. > If you mark-up 100% of $5 how much profit will you make? 50% of course. Let's work it backwards. Profit = 100 * (Revenue - Cost) / Revenue For profit to be 100%, 100 = 100 * (Revenue - Cost) / Revenue so, Revenue = Revenue - Cost and therefore, Cost = 0 : > To reach the profit you will make as a percentage of cost, double your : > cost and halve the result. If your cost is 100% of $5 and you sell the [quoted text clipped - 20 lines] : : Cost = 0 Well there you go Wilba... Odd thing about accountants in Australia... They need no qualifications to call themselves accountants and set up in business telling business people you don't make 100% on your money when you double it. Incredible advice. I've been getting this bullshit from accountants for 40 years. If I started with $5 and only got back $7.50, I'd only have made 50% on my money. You'd have me invest a $100,000 and make a loss because I didn't make 20% profit in 12 months, only got $380 a week and still had the $100k untouched! Good one Wilma. > : > To reach the profit you will make as a percentage of cost, double your > : > cost and halve the result. If your cost is 100% of $5 and you sell the [quoted text clipped - 24 lines] > Odd thing about accountants in Australia... They need no qualifications to > call themselves accountants ... I think you'll find that's as incorrect as everything else you've claimed. > ... and set up in business telling business people > you don't make 100% on your money when you double it. Incredible advice. It's a good thing no one here has made that claim. We're only claiming that markup and profit aren't the same thing. > I've been getting this bullshit from accountants for 40 years. 40 years and you still don't get it? Are you a slow learner? > If I started > with $5 and only got back $7.50, I'd only have made 50% on my money. It's a good thing no one here is disagreeing with that statement. We're only disagreeing with you calling it profit. > You'd have me invest a $100,000 and make a loss because I didn't make 20% > profit in 12 months, only got $380 a week and still had the $100k > untouched! So you made 16.5% gross profit. That sounds pretty good. Well done. Um, not sure about 20% profit being a loss though. That sounds really cracked. |
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