Originally posted by Nebraska
Glad you can cover your FICA,FUTA, SUTA, W/C, GL, Auto Insurance, Fed Taxes, State Taxes, State Sales Taxes, Phone, Gas, Repairs, Rent/Mortgage, Phone, Advertising & Marketing, Office Supplies, Internet fees, Equipment Costs, Trailers & everything else and still make a decent profit.
I would consider FICA and FUTA under Fed. Taxes...
Phone was mentioned twice.
State sales tax is a liability not an expense (not everyone has sales tax either)
Not everyone has state taxes...we don't
W/C is not needed here unless you have 3 employees...
My point is that everyone's numbers are different. YOU have to figure YOUR costs to determined what you need to make to make a decent profit. Not someone elses numbers.