The Apprentice - 2015
Discussion
JimmyConwayNW said:
How long does the actual ''process" go on for?
Me and my business partner were talking about it recently there is nothing that would entice either of us to go and jump through hoops for £250k.
Be good to see it back in the old get a job for a year format again and also with a better prize. Sugar can't do many more series of this show, it's getting very tired.
A relative of mine was on it a few years ago. It's typically 2 episodes a week and they get paid for as long as they're on there. About £500 per week I think it was. One call a week to a nominated relative or partner but with someone listening in.Me and my business partner were talking about it recently there is nothing that would entice either of us to go and jump through hoops for £250k.
Be good to see it back in the old get a job for a year format again and also with a better prize. Sugar can't do many more series of this show, it's getting very tired.
andy-xr said:
I thought it was going to be a deduction from the overall profit, was surprised when they added it on to the total at the end
Stock is an asset of the business and therefore adds value to the business. You can still be criticised for holding too much stock as that is also a drag on the business cashflow. You do better if you convert stock to cash by selling it for a markup. So the best way to win is still to sell the most at the biggest margin, if this is all ploughed back into stock, you still have stock to the value of the sales you have made.blueg33 said:
andy-xr said:
I thought it was going to be a deduction from the overall profit, was surprised when they added it on to the total at the end
Stock is an asset of the business and therefore adds value to the business. You can still be criticised for holding too much stock as that is also a drag on the business cashflow. You do better if you convert stock to cash by selling it for a markup. So the best way to win is still to sell the most at the biggest margin, if this is all ploughed back into stock, you still have stock to the value of the sales you have made.andy-xr said:
blueg33 said:
andy-xr said:
I thought it was going to be a deduction from the overall profit, was surprised when they added it on to the total at the end
Stock is an asset of the business and therefore adds value to the business. You can still be criticised for holding too much stock as that is also a drag on the business cashflow. You do better if you convert stock to cash by selling it for a markup. So the best way to win is still to sell the most at the biggest margin, if this is all ploughed back into stock, you still have stock to the value of the sales you have made.He also gives them a great big open goal and explains to them how cheap high turnover stores work, "you put your branded goods at the front at reduced prices to tempt the punters in".
So what did they do ?
Anyway, onto tonights...
Bluedot said:
He also gives them a great big open goal and explains to them how cheap high turnover stores work, "you put your branded goods at the front at reduced prices to tempt the punters in".
So what did they do ?
The winning team did exactly the opposite and won by some considerable margin - even compared to previous winners of this task! Why get a decent margin on cheap unbranded goods when you can get an even better margin on expensive branded products?! So what did they do ?
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