Are you built for profit?

We all know that retail space that can't hold a business, it's a clothing shop, it's a book shop then it's a bakery.

http://www.getfrank.co.nz//uploads/build-for-profit.jpg

No matter what nothing seems to stick.

There are many reasons for it but the key one I ask myself, are they built for profit?

I pondered this as I saw a car yard selling cars for $1990 and $2660 - a wide range of low priced cars.  How can they possibly make a sustainable profit on that? Sure if they get the cars and put a 100% markup on each of them margins seem good.  Yet they still need volume to sustain a business, 2 cars a week would maybe cover the living costs of the owner.  What if they can't reach that?

Sure enough, I drive past a few weeks later, no stock shifted, I don't think they will be around for long.  Have you actually looked at your model, are you built for profit? Or are you just subsidising your time...

 
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