Quote:
Originally Posted by Manic!
For us Frito-lay and Old Dutch is a guaranteed sale same goes for coke pesi and Quality sandwiches. If it expires they will credit us what ever they sold it to us for. If you get something at a good price fast turn around is not that important but we do sell a lot of things you won't find at a 7-11. Best example time foil roasting trays for turkeys. Buy them at the $ store and they sit in the back of the store for 5 or 6 months. Christmas day comes around and theirs always some one that needs one hes willing to pay $6 for 1.
Walmart is also not a death blow because if someone needs 2l of pop he's not going to wast 30 min driving to Walmart, find parking and then wait in line just to save a buck when he could be in and out of a C-store in 5 min.
Your parents also need to find a better accountant.My brother is an accountant and use to be the head of the tax department at KPMG in Vancouver we right off lots of stuff including a Mercedes ML 500 that he bought new for work.
|
7 cents per chocolate after expense + mortgage is pretty good IMO My parents paid it off now but I stated that since its the only number I can remember. How many employees do your parents have? Ours employs up to 6 during the day. Also im assuming that yours is a franchise gas station as well. Ours is just a c/mini grocery store, so although Wal-mart didnt kill us, we noticed a 8% decrease in sales of snacks, however most C-stores in the vancouver area has very little parking stalls besides 7-11 franchises. We also do deduct our suburban as a business lease, however it is a LTZ so it's price is similar to a ML. However we got audited by the CRA, and they were the ones who frowned, not the accountants. I assume your brother hasnt been audited yet, how he is going to explain how a ML500 is essential to his business? It has a tiny cargo space and he certainly doesn't need to impress clients with it as he is a C-store owner