"The High Cost Of Paying Too Little" |
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carpetologist
The Great Hardini Hocus Pocus Joined: 20/January/2004 Location: Canada Status: Offline Points: 1712 |
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Posted: 19/May/2006 at 1:01pm |
John Ruskin had a thought on costs and quality which is as appropriate to our industry now as it was in the 1800's.
He wrote:
It's unwise to pay too much,
But it's worse to pay too little
When you pay too much,
You lose a little money - that is all.
When you pay too little,
You sometimes lose everything......
Because the thing you bought
was incapable of doing the thing
it was bought to do.
The common law of business balance
prohibits paying a little and getting a lot
It can't be done.
If you deal with the lowest bidder,
It is well to add something for the risk you run,
And if you do that
You will have enough to pay for something better.
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cleanex
Carpet Cleaning Specialist Joined: 17/October/2004 Location: Canada Status: Offline Points: 705 |
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So true! Yet it happens all the time and often by people that should know better.
Edited by cleanex - 19/May/2006 at 9:12pm |
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DON ELDRED
YOU CAN "STAND" ON OUR REPUTATION |
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Michael
Carpet Cleaning Specialist Joined: 18/June/2005 Status: Offline Points: 557 |
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Nice! Flood gates are open, though . . . now I'm going to start quoting dead white guys. ;)
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Mr Singh
Newbie Joined: 10/March/2006 Location: India Status: Offline Points: 32 |
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nothing like paying too much for bad curry
MR Singh
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Namaste
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nightrider
Marketing Master Joined: 12/March/2004 Status: Offline Points: 4656 |
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What have you got for sale Ted that you think that we're going to think costs too much.........................come on Ted......are you playing with profit margins again Nightrider |
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carpetologist
The Great Hardini Hocus Pocus Joined: 20/January/2004 Location: Canada Status: Offline Points: 1712 |
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Nightrider
You are absolutely right, profit margins are the blood and veins of any company. I not only practice it I attempt to teach my customers the same.
Some listen, the ones who don't are no longer anybodies customer.
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nightrider
Marketing Master Joined: 12/March/2004 Status: Offline Points: 4656 |
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Ted.....you're a smart businessman, I on the other hand have customers and employees that eat up my profit margins.........and leave me with blocked toilets that I have to pay a plumber to fix............Do you need a partner at KleenKuip Ted.............you just may have the secret receipe for success
Nightrider
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Ken Harris
Grand Potentate Joined: 12/January/2006 Location: Canada Status: Offline Points: 1120 |
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He might need someone to clear the blocked toilets Jack. I always say to be careful what you ask for cause you just might get it.
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