Whisky Oscar Golf,
My CASA compliance costs (renewals, audits, medicals etc) are a fixed cost and constitute 0.001% of my annual turnover.
Other costs such as landing fees are variable, and passed directly on to the customer, they do not affect the gross margin.
Good post Sunfish, amazing how the uneducated think that all customers are good customers...and are prepared to give them an indefinate interest free loan (ie extend credit) then moan and groan "so and so owes me X thousand dollars since a year ago so I can't pay the my bills"
as they lean out of their $60 000 car window.
Which leads me to another "cost" directors taking unrealistic amounts out of the business for themselves, rather than a commission or dividend; or financing assetts that don't produce an income (such as brand new cars) when their aeroplanes are falling to bits.
