Quote:
Originally posted by bhutocracy
he sure is getting his computers cheap.. that is $25 per computer a month right? hmm.. I think I might be on the high side, but I'm including an employee at $7.50 p/h for 30 odd hours in that figure.. It's also possibly more expensive here as interest rates are a lot higher - do you know roughly what his profit margin is or what sort of profit he makes a week? is $300 low medium or high?
with the day trading hours, I figure as long as I can make more than the $7.50 p/h it would cost to have an employee there I may as well given my biggest weekly costs are mostly fixed. (yes I realise electricity, phone, internet usage would mean more than 7.50 p/h but you know what I mean - hopefully even non-users may just want to use it as a conveinience store and pick up a coke or use an atm or something.. )
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Yes...that is $25 per computer per month. One month he told me that he made about $1800 above his overhead and each month is better than the previous month.