Handyman explains what little profit small businesses in Singapore make
Business |
1 m read

Handyman explains what little profit small businesses in Singapore make

The Independent
|
A Facebook user TengSern Tan explained that he made just a little over $2 from a $30 job he accepted. He said that a customer paid him $30 to replace a 3 pin power cable. He lamented, "Walao eh, business is so tough.....", for making such a little nett profit. Just in case you can't see his post, this is what he said. -- This is how money gets around in a economy: Customer paid me $30 to replace a 3 pin power cable; While waiting for the money, I went to buy a bulb for home $7.80 to home fix. Then one auntie psycho me to buy her fried rice $5.... Parking $3 Petrol for 2 ways $10 Cost of cable $2 My time : priceless
Gross sales $30 Less expenses on City Square Mall $15.80 Cost of good sold $2 Petrol $10 Net profit $2.20 Walao eh, business is so tough.....

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