KPC guilty of false advertising?

[hairypumper]

I've noticed when KPC advertises for carriers they state the pay as "profit". A route in Albion is quoted as $900+/month profit and a single copy route for Auburn and Garrett is $1400+/month profit. I'm trying to figure out how they come up with a profit when no taxes are taken out, or fuel and vehicle maintenance costs. I know you can write your mileage off your taxes, but it would have to be a huge amount to make up the difference. What am I missing here?

[matt_s]

I would guess that it is a gross profit as opposed to a net profit. KPC would have no way of knowing a carriers other incomes to determine such issues as tax brackets and other pertinent info needed to determine net profit.

[Mrs.Slotz]

A good friend of mine delivered papers in the Auburn Trailer Court.
She now is doing other things. She had this route for over 3 years.
She had no regrets except the complaints when winter arrived, as she took time to get out of her car and walk the papers thru tons of un-shoveled snow to her customers.
She really wanted to get those papers delivered and wanted a happy customer.
The profits. Well,
You have to look at all of it.

You can pick the papers up in your pj's if you want.
Blast your radio and smoke if you want while delivering the news of the day.
***** and complain out loud, no bosses to tell you any different.
The wear and tear on your vehicle is something to think about, but, she really loved her route. Not much wear and tear, local (foot route) if you wanted it to be.
She made alot of good friends. Ate alot of homemade cookies.
All in all, she worked about 2 hours a day and she made about 800 dollars a month.
This is before she subtracted her fuel.
But, she really loved the route, the people.
She had no regrets.

[hairypumper]

I never heard of gross profit, gross income yes, but not gross profit. I always thought profit was income minus expenses. That's what they taught us in business school so many years ago, must be the 'new math'. I know the fuel expense alone is nearly half of what my route pays. What's left won't cover a major repair if needed. It is a lot of fun most of the time and does help pay some bills. Oops, getting late, gotta go pick up the papers.

[matt_s]

I never heard of gross profit, gross income yes, but not gross profit. I always thought profit was income minus expenses. That's what they taught us in business school so many years ago, must be the 'new math'. I know the fuel expense alone is nearly half of what my route pays. What's left won't cover a major repair if needed. It is a lot of fun most of the time and does help pay some bills. Oops, getting late, gotta go pick up the papers.

Don't know what to tell ya. In my business classes, gross profit was revenue minus cost of goods sold. Net profit was gross profit minus operating costs such as taxes, gasoline, etc.

[HomeyG]

They are synonyms. But I have always associated profit with someone that is self-employed and income with someone that receives a wage. If I'm not mistaken aren't carriers considered self-employed. The differences are more noticeable when you get into figuring taxes.

[matt_s]

They are synonyms. But I have always associated profit with someone that is self-employed and income with someone that receives a wage. If I'm not mistaken aren't carriers considered self-employed. The differences are more noticeable when you get into figuring taxes.

Carriers were independent contractors when I was at KPC. However I'm not sure I followed the rest of your statement.

[james_t]

For any questions regarding KPC carrier routes and compensation, contact the circulation department and ask for Bruce Hakala or Sam Ashe. 260-347-0400; Bruce is ext. 172, Sam is ext. 150.

[hairypumper]

Don't know what to tell ya. In my business classes, gross profit was revenue minus cost of goods sold. Net profit was gross profit minus operating costs such as taxes, gasoline, etc.

Ok, that's what wikipedia says. http://en.wikipedia.org/wiki/Gross_profit .The thing is carriers aren't actually selling anything. I guess it's just a matter of how you look at it.

[michael medeski]

For any questions regarding KPC carrier routes and compensation, contact the circulation department and ask for Bruce Hakala or Sam Ashe. 260-347-0400; Bruce is ext. 172, Sam is ext. 150.

that sounds like a racefan post. maybe bruce, sam, or someone else that knows, should get on here and explain it.