Monday, December 22, 2008

2008 Totaled

This morning the Mentor and I turned in our final numbers for 2008. Between Advertising, Classifieds, Legals, and Special Publications, the company brought in over $5.7 million in 2008. $5.7 million!!! For a company of less then 40 employees!!! We are Rock Stars!

Instead of the expected “pat on the back,” we got the typical “that is not good enough” speech. We were told we still need an additional $70000 collected by the end of the year. Today is December 22nd, that is not really a possibility.

I have done the math; I have no idea where that $5.7 million could have gone, or what we could need an additional $70000 for. The Publisher has no expenses; Editorial barely makes peanuts, same with Special Publications and Production, our offices are in the most run-down parts of town, we have wicked good contracts with our printer, and our technology has only aspirations of being from this century and thus compatible with the rest of the world.

Half of the company was purchased a year and a half ago. That is where I came from. We were profitable then. Sense the purchase over $1 million has been cut in salary alone, and retail sales have increased by over 25%. Have I mentioned I have done the math?

Oh… I just figured it out! I had forgotten about a few things. The money is going to legal bills, payoffs, and spousal support. It seems like more thought would be going to covering your ass if these were the majority of your expenses. But, Publisher knows best, so I will keep it to myself.

1 comment:

Rebecca said...

OMGolly! How do you survive in the corporate world? How I love being unemployed! I am grateful to be a homeschooling mom and I pray that I will not have to re-enter the work world any time soon.