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This is a discussion on Wastage within the The Florist Shop forums, part of the Public Forums category; Hi guys! I have a quick question about the dreaded wastage! Does anyone know what a typical percentage of wastage ...
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Yeah, remember the saying "to bin is a sin". My policy is it better not be more than 5% or a very good reason, or heads roll.
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If we had been meant to eat all our greens all our teeth would have been in the front |
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When we had finished our class we had to tidy up but were not allowed to lift rubbish until tudor had gone through it she would gather a wire flower heads etc from our rubbish 'That's 10p of profit you have just thrown away and that's 20p profit etc etc' we soon learnt to go through everything after that.
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Send Flowers Rockingham www.rockinghamcityflorist.com Rockingham Florist flowers delivered www.hangingbasketflorist.com.au |
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I do the same
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As an aside be careful of excessive waste. The VAT people know how much should be waste (circa 3 - 5% if memory serves me right without delving through files) and have been known to fine people who claim excessive waste in an attempt to hide sales. C |
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The shop where I had my first saturday job made little baskets out of broken stems of wasted bits. They called them happy baskets because the flowers were happy they weren't in the bin
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Sarah Creating Bespoke Wedding Flowers Cheshire |
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Trouble is you can't just look at wastage on it's own. Every thing you do is related and everything points to your bottom line. It's how all of those things work together, much like players in a football team that can make the difference between profit or loss.
As an example, say you spend 300.00 on stock, double your money and have no waste. Your return is 600.00. Pay the vatman and you're left with 511.00. Pay for stock and you've got 211.00 left another day, you spend 500.00 on stock, you dump 10% of it. You double your money on 450.00 = 900.00. You pay the vat and you're left with 766.00. Pay for your stock and you've got 266.00 left. So on that occasion, you've had a load more waste but your bottom line is better off. Or is it? If you've had to increase staff hours to cope with the extra work, you may be worse off. If you're delivering stuff at a technical loss, you'll also be worse off. On the other hand, if you have staff with time on their hands and you're trying to build up trade, it may be what you need to boost interest in your shop. The comparison assumes that you don't lower your prices in order to sell more. You just create more of an impact with your display and go for the impulse buys. If only it where that simple eh?
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