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Thread: controls company doing mechanical work

  1. #21
    Join Date
    May 2008
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    Quote Originally Posted by miller_elex View Post
    elaborate some more.... no need for company names... 50% of gross margin? Did I read that right? Isn't 8% more realistic?
    The company I was working for wanted 42% GM!

    Personally I think 8% is great.

    Dazza

  2. #22
    Join Date
    Sep 2002
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    Hampton Roads, Virginia
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    Its seems to me that a good definition of Gross Margin is needed before we start talking about percentages.

    Controls is a lifestyle not a job

  3. #23
    Join Date
    Jun 2006
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    Athens Greece
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    GM is globaly defined in finance as gross margin.

    That profit window is not what someone actually put in his pocket, wheather you work for your own buisiness or a corporate, actually is what money goes into your organization account.

    You have to deduct various project cost, expences (gas,tickets accomodation), labour cost, rents, bills etc.
    There you have a net cost where usually (depends on country tax method), you get taxed and you also then deduct taxes.
    Corporates on top use to allocate other costs, but lets not expand..

    Anyway any percentage may seem enormus to field engineers, but when it comes the end of the year and you count your pocket money that GM goes off the fly....

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