well according to the business round table and mates , they retrain.
now we are starting to see the cracks in an inherently flawed system. But this is the one we have to deal with , sooo adapt we must.
Money doesn’t have to flow off shore IF the local economy/business provides a service that the customer requires. ( a bad example , milk? do we buy milk from Australia ? ( probably !!! it wouldn’t surprise me !)
Sorry RT , but you may well be a good example of a local business providing a flexible niche service to a local market. Investing profits back into your business.
Stephen
"Look, Madame, where we live, look how we live ... look at the life we have...The Republic has forgotten us."
Suzuki wanted to charge me $223 for a rubber fuel pump assembly seal for my bike. It's a normal servicing item that is meant to be replaced every time the in tank fuel filter is cleaned. I got the part for $US24 including shipping by ordering online.
I can order in genuine Zippo lighters for less than NZ$20 as well. The same thing in shops is over double the price.
Just another leather clad Tinkerbell.
The Wanker on the Fucking Harley is going for a ride!
As an importer supplying now 48 dealers, I can agree it is not easy money. Only now after two years of hard work and investment is the business self-funding. The reason it has only taken two years? I am solo and work from home and my wife has a well paying job. The reason the batteries are so cheap? I have minimal overheads, no staff, no warehouse. If I had to run my business the same as your shop I doubt I could make it worthwhile as the batteries would be way overpriced for the NZ market.
It really can't be compared to other countries as they buy ex factory as I do but freight is way lower and they don't pay GST of 15% either. I pay international air freight. Fortunately again for the Shorai batteries is they are not dangerous goods and can be shipped standard post meaning lower shipping costs.
You don't get to be an old dog without learning a few tricks.
Shorai Powersports batteries are very trick!
I mentioned vegetables once, but I think I got away with it...........
Maybe they dont gall it gst in other countries but there are a hell of places paying a lot more than here.
NZ has one of the lowest total consumer tax rates in the world, apart from Somalia.
Dont you claim your gst back ?
I am sure you do, you just didnt mention it so that it sounds as if you just pay it and thats that.
Yes of course, but remember what you get back in reality is the difference between what you pay and what you claim each period, so unless you have made a loss for the period you will pay more GST. You can't realistically use that to set the price.
If you look at the comparison between my prices and the US RRP, and realise that this is as low as I can go and a lot lower than most importers, it will help understand the reality of the situation.
You don't get to be an old dog without learning a few tricks.
Shorai Powersports batteries are very trick!
Not saying you or anyone else doesnt work hard. Most people do work hard, too hard at times.
But working hard to support an ineffecient supply chain isnt the way forward.
Probably doesnt apply to you so much, as Importer, distributor, retailer you have the opportunity to rationalise the whole Ohlins supply chain in NZ.
Years ago I worked for a Motorcycle principal who was importer, distributor, retailer for a couple of major brands, he was clipping the ticket so often and for so much he hired people to do it for him. He is still around and still doing it.
For some it is a gravy train, and it isnt in their interest to change things.
As for sending money overseas, isnt an argument, doesnt matter if you send money off shore to import stuff or if I do it.
There is just as much local input either way.
To stock a 1000 shocks you provide a warehouse and a storeman.
If you dont do it and have to sack your storeman, the 1000 shocks will be privately imported and will require couriers, customs brokers, a bigger warehouse and more storemen at the PO
So your storeman could take his pick of new jobs created.
Losing jobs because of change is nothing new.
What happenned to the hay merchants, stable owners, stable hands and farriers when people stopped riding horses and started driving cars?
They became service station owners, pump jockeys and mechanics
Whats going to happen to petrol stations if everyone starts driving electric? they will start selling electricity
At the end of the day, as a business you do not pay gst.
Any gst you are charged with, you get back from IRD
Any GST you charge you pass on to the IRD
Your net GST position is zero
If its not you are doing something wrong
The only person who actually pays gst is the consumer/retail customer
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