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£130k/month Car Salesman is Struggling to make any profit!

James Sinclair's Business Broadcast

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VAT and Profit Analysis in a Tanning Salon Business

The chapter delves into the implications of VAT in Ireland on a tanning salon business, along with analyzing profit margins in the sale of goods like sunbeds. Speakers discuss VAT rates for various industries, comparing schemes for car sales and other businesses. The conversation also explores strategies to increase profits through marketing efforts and overcoming challenges in tracking returns on investment in advertising.

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