The fact is, there's no single magic number that defines profitability for a game.
When you make a film, you will either make money or won't.
Now a movie with 30 million returns would be something very incredible and the producer can only get 10 to 15 million. This is only 100 thousands US dollars. This is not enough!
The film is not a success until it makes money. It's only good when there's a dollar figure attached to the box office.
When we manage a restaurant, we start making money from the first day. When we own a place, it's often five years before we earn the first penny that is clean of debt.
It's very difficult to run a business when you're buying something for $5 and selling it for $10.
It breaks even. We lose ten, twenty grand every year. But then the people who are working say, Look, I'll kick this back in, I don't need to take this profit share. It's very cooperative.
It's fine to do movies and say, 'We made big grosses,' but you've got to go back and ask, 'How much did it cost?' and 'Where do you make your profit?'
You can't operate a business running at a loss, and particularly if you're doing it by paying yourselves. It just doesn't fly.
Decreased business base increases overhead. So does increased business base.
To me, the box-office is basically the cost of film. If your film costs so much and your box-office is so much and a bit more, you are okay.
Our first fiscal year, we were profitable.
The Profit and Loss Statement tells you a lot about how your business is doing. It can also help you to determine ways that you can go about saving money so that you get to bring more money home! Basically, the P&L statement measures all of your income sources verses all your business expenses for any given period of time.
It is dead wrong about necessary surplus of winnings over losings.
'Housefull' is just a 40-45 crores film. It was never an expensive film to begin with.
There are certain economics involved in making a network TV show that you want to amortize the costs of that, so the more episodes you make, the cheaper they all are individually.
There is no money in films, till the time you make it to a certain bracket.
My expenses are largely a fixed, sunken cost, regardless of how much revenue I earn.
If you're trying to get to profitability by lowering costs as a startup, then you are in a very precarious and difficult position.
Startups should be - if you graph their financial performance, it should be what's called a J curve. You start out at zero. you're not making any money; you're not losing any money.
Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even?
The economics of setting up a new restaurant are scary in good times and terrifying in bad ones.
All companies incur expenses, some of which are fixed and bear no relation to sales volumes. In this way, profits can grow at a faster rate than sales.
We are now after 7 months operation making money here.
I'm always amazed at how many people assume a business has to lose money before it makes money.
