Hi, a question about tax and revenue for a 1 inspector operation.
After paying personal/business tax, association dues, insurance, equipment, fuel, marketing and any other on-going business expenses how much is left percentage wise from your gross revenue (bulk part or average)?
Example: 600 inspections per year at $350 = $210 000 how much would you expect the business to clear after paying all expenses except your salary? 50%?
- Do you do most of your tax yourself?
Just trying to get a bulk part idea.
Thanks in advance,