Replies to post #132960 on Bravada International Ltd (BRAV)

[TooFrank]

Salaries were reduced by about $50K in Q3 as compared to 2020.

Figure it also applies for Q4

[upper11]

Ok 12000 grand a year
Year after year
That adds up doesn’t it
It can’t be efficient even if the rentals are right next to each other
I can’t sip the koolaid from a guy selling leggings

[Jammin1]

Did you evaluate rents in other neighborhoods within a certain radius of the current location, and choose one with lower rent? Also, evaluate the relative cost of a single larger warehouse vs a series of adjacent suites?

I have to think that by moving to a less expensive neighborhood and consolidating to a single space, they could save 1/3 of their rent cost, or over $80K. But I'll admit I'm guessing.

There's also the extra payroll cost of having to hire more people to compensate for the inefficiency of running between different suites to get things done.