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<blockquote data-quote="Coronatus" data-source="post: 3264982" data-attributes="member: 133627"><p>Not really guesses Paul. Estimates based on a long life experiencing a string of financial disasters by well meaning enthusiastic people who let their inexperienced hearts rule their normally level heads.</p><p>In the case of RSPB reserves the entry fees will come in whether the Kiosk is the size of the Millennium Dome or a garden shed so we are looking at "sales" pure and simple.</p><p>This is not the forum to discuss retail economics but </p><p>Rule 1 is 'don't confuse profit with turnover'. If you get it wrong "the bigger the turnover the bigger the loss" applies.</p><p>Rule 2. Don't confuse till receipts with earnings. Ask any Pub Landlord if you can still find one these days.</p><p>Now to the projected return at Sherwood. Lets be generous and assume retail clears £1,000 per week retained profit. (that's a huge and generous assumption and assumes a turnover of £10,000 per week every week on a net margin of 10%)</p><p>Now divide the project cost of £5.3M by that £1,000 retained profit. £5300 is the number of weeks required to repay that outlay, not allowing for any interest charges or other costs. </p><p>That is just over 100 years. If somebody touted that as a sure fire investment I would call the police!</p><p></p><p>No. I don't want a fiscal return on my subscription. My return would be seeing RS <strong>Protection</strong> of Birds actually getting on with its core activity and doing some protection work.</p></blockquote><p></p>
[QUOTE="Coronatus, post: 3264982, member: 133627"] Not really guesses Paul. Estimates based on a long life experiencing a string of financial disasters by well meaning enthusiastic people who let their inexperienced hearts rule their normally level heads. In the case of RSPB reserves the entry fees will come in whether the Kiosk is the size of the Millennium Dome or a garden shed so we are looking at "sales" pure and simple. This is not the forum to discuss retail economics but Rule 1 is 'don't confuse profit with turnover'. If you get it wrong "the bigger the turnover the bigger the loss" applies. Rule 2. Don't confuse till receipts with earnings. Ask any Pub Landlord if you can still find one these days. Now to the projected return at Sherwood. Lets be generous and assume retail clears £1,000 per week retained profit. (that's a huge and generous assumption and assumes a turnover of £10,000 per week every week on a net margin of 10%) Now divide the project cost of £5.3M by that £1,000 retained profit. £5300 is the number of weeks required to repay that outlay, not allowing for any interest charges or other costs. That is just over 100 years. If somebody touted that as a sure fire investment I would call the police! No. I don't want a fiscal return on my subscription. My return would be seeing RS [B]Protection[/B] of Birds actually getting on with its core activity and doing some protection work. [/QUOTE]
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Sherwood Forest and a consortium led by the RSPB
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