Budget

[carmanmemoranda]

You have such a 2D way of thinking.

Demand: The first thing you need to look at is if there is demand for better skilled workers and if those roles pay more. yes there is.
Supply: You then need to look at how many in work families are in poverty. The number has fallen according to some data from 2017/18 to 22/23, but I suspect, many given the right help would want to earn more and be more valuable.
Potential: You then look to see if you can elevate some of those people in the supply group to meet the demand group. What training do they need etc. let's assume we can take 20% of the 20% and move them from minimum wage to avg wage. That is more than the money raised taxing private schools or private jets.

For "essential" work that is low paid, you have to ask why is it low paid? is it a low skill job with 100s of candidates willing to do the work?
In which case, how's that going to work with a 20% reduction in available workforce. The employer is then forced to pay more and/or innovate to improve productivity.

You carry on with your Tory tropes.

That is no reason why they shouldn't be paid a decent wage for a decent days work. No body is saying they should be paid as much as a rocket scientist.

 

[JohnD]

or Punchy Mike, Racist Dawn, Free Gear Kier, "economist" Rachel

Which of them was a Chancellor who had to resign due to tax irregulariries?

 

[motorbiking]

I've had various people like you telling me how to run my business better. Every single 1 of them has been sent packing.

Let's imagine Bob makes custom bicycles for a living. Bob gets twice as many orders for custom bikes as he is capable of building. Bob estimates the price of each bike and carefully decides which ones he wants to build. Sometimes a bike he sells for £500 costs him £100, sometimes he makes mistakes and has to throw stuff away, costing him £300 for a £500 bike. Occasionally a bike costs him £600 making a loss of £100, sometimes it's just more work than he thought.

Bob is a great bicycle builder but knows nothing about business. He struggles with understanding the difference between margin, profit, costs and overheads. He hires Quentin to help him with his business. Quentin can see that Bob doesn't always follow his procedures and checklists when he's building bicycles and in 50% of the cases where he screws up, this is the reason. Quentin helps Bob improve his production quality and failure rate. Bob's costs go down a lot. Quentin also tells bob to charge more and they increase the price of bicycles to £600. Bob now gets 1.5x the number of orders, still more than he can handle. Bob pays Quentin for his help and both earn more and pay more taxes.

 

[motorbiking]

Which of them was a Chancellor who had to resign due to tax irregulariries?

I don't recall your Bra lady being Chancellor.

 

[JohnD]

Which of them had to resign after repeatedly lying to Parliament about having broken regulations he had announced?

 

[motorbiking]

again not your bra lady.

 

[JohnD]

Which of them was so incompetent that she lost her job as Prime Minister after 44 days?

 

[carmanmemoranda]

Let's imagine Bob makes custom bicycles for a living. Bob gets twice as many orders for custom bikes as he is capable of building. Bob estimates the price of each bike and carefully decides which ones he wants to build. Sometimes a bike he sells for £500 costs him £100, sometimes he makes mistakes and has to throw stuff away, costing him £300 for a £500 bike. Occasionally a bike costs him £600 making a loss of £100, sometimes it's just more work than he thought.

Bob is a great bicycle builder but knows nothing about business. He struggles with understanding the difference between margin, profit, costs and overheads. He hires Quentin to help him with his business. Quentin can see that Bob doesn't always follow his procedures and checklists when he's building bicycles and in 50% of the cases where he screws up, this is the reason. Quentin helps Bob improve his production quality and failure rate. Bob's costs go down a lot. Quentin also tells bob to charge more and they increase the price of bicycles to £600. Bob now gets 1.5x the number of orders, still more than he can handle. Bob pays Quentin for his help and both earn more and pay more taxes.

Then bob doesn't deserve to be working by himself. He needs help.

I've got as much work as I want. I work what hours I want. I earn what I'm happy with. And I could earn more.

Quentin, unless he can do MY job better than me is just another expense that I don't need.

You really REALLY don't know my business, or understand it. But you think you can do it better.

I doubt you know a good job from a bad job to take on. There's lots of busy fools out there, working very hard and not making money. Just like Bob. But there's lots of others not like that.

You haven't got a clue !

 

[motorbiking]

I'm going to go with.. not your bra lady.

 

[denso13]

You really REALLY don't know my business, or understand it.

Quentin knows everything about everything.

 

[motorbiking]

Then bob doesn't deserve to be working by himself. He needs help.

I've got as much work as I want. I work what hours I want. I earn what I'm happy with.

Quentin, unless he can do MY job better than me is just another expense that I don't need.

You really REALLY don't know my business, or understand it. But you think you can do it better.

I doubt you know a good job from a bad job to take on. There's lots of busy fools out there, working very hard and not making money. Just like Bob. But there's lots of others not like that.

You haven't got a clue !

you sound like a busy fool.

You have twice as much business as you can take on, you carefully choose your jobs and you only mostly make a profit, because of mistakes and unseen expenses. If you can't see that you can make more money with less work, then nobody can help you.

 

[carmanmemoranda]

Quentin knows everything about everything.

He actually knows very little, but can TALK a good job.

There's a lot like that in many business, taking money but not creating it. Keeping the little people at the bottom on peanuts

 

[carmanmemoranda]

you sound like a busy fool.

You have twice as much business as you can take on, you carefully choose your jobs and you only mostly make a profit, because of mistakes and unseen expenses. If you can't see that you can make more money with less work, then nobody can help you.

Read it again.

I pick the work I do. I choose the hours I do.

I make as much money as I want.

And you think you know my business and can run it better.

Just blowing hot air !

Now tell me that no other trader (any trade) has never taken on a job and lost money/time on it.

You really haven't got a clue !

 

[motorbiking]

Quentin knows everything about everything.

I'm guessing he knows that assets - liability isn't cash in the bank.

 

[motorbiking]

Read it again.

I pick the work I do. I choose the hours I do.

I make as much money as I want.

And you think you know my business and can run it better.

Just blowing hot air !

Now tell me that no other trader (any trade) has never taken on a job and lost money/time on it.

You really haven't got a clue !

and you still make a loss sometimes..

seems its you..

Keeping the little people at the bottom on peanuts