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Old 26-Oct-2005   #9
Bonsai Barry
Bonsai Barry
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Join Date: Dec-2004
Location: Santa Maria, CA
Country: USA
Posts: 1,157
Quote:
Originally Posted by Ian_Homer
Income less Expenditure = Profit divided by hours = pay that only each individual can weigh if it is worth the reward one gets, either in Job satisfaction or money. Just like running any small business

Regards,
Ian.

Not to split hairs, but whether the labor is done by the owner or a worker, labor costs should be included on the expenditure side of the equation, then profits can be truly estimated. As Ian is suggesting, the monetary reward is probably smaller than we first imagine, but that's true of most labors of love.
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