TyrantDesigner
Art! Hot and fresh.
I didn't spend a whole lot of time reading through the responses so forgive me if this has been asked. How the heck do you experience that level of loss for an entire quarter without catching it earlier? If you have another biz that requires your time then you know how to read balance sheets. A loss shouldn't have been realized beyond 3-4 weeks at a worst case scenario without asking the difficult questions...especially that large of a percentage on such limited sales. No offense intended but something clearly doesn't add up and/or you need some serious basic business classes.
This.
Not only that, but if it is motocross graphics ... you will see a high customer turnover so just the foot traffic in order to experience that sort of loss is a huge indicator. even on a 60 day quarter (5 days a week for 3 months) ... 99% gone is you only being there half a day. that is just bad for even a side business. Might as well just close the shop up if you can't even bother to check the books on a regular basis. something. must be some primary business to be able to absorb that much loss and not notice it. I mean crap and a half ... you're not counting his pay in that cost right? 10k is over $800 a week going to supplies alone ... doable but man that is a LOT of jobs off a gerber edge. ... with a 12" printable area you must be rolling work off that machine all day and night with that sort of cost. sorry, more that you say, less i'm inclined to believe that there is not a whole other side to this. $800 each week means your blowing through almost 600 feet of foils and still having $200 in media to use that on. I call massive b.s.
you're either getting ripped off at the supplier level or you really suck at knowing anything about your own business.
unless of course he just really sucked and wasted that much, you called him a thief and fired him ... at which point ... your fault for hiring someone inept.