With the end of 2019, which was considered the most cruel to businessmen as a result of instability of the exchange rate, and the loss of the Syrian pound a lot of its value, businessmen sit in front of their accounts to know profit and loss, and express their shock from the rise in operating expenses and expenses to record levels, as a result of high prices and hand wages Working.
Operating expenses typically include rental of real estate, tools and inventory costs, marketing, insurance, payroll, research and development funds, etc. in light of weak purchasing power, lack of new markets, declining competitiveness, quality of business and sales.
The industrialist Hassan Salman believes in a special statement to Business 2 Business that the cost of making a 5-head gas oven changed more than 20 times during 2019, because the pricing of the parts is done on the dollar exchange rate on the black market, and thus the operating expenses turned into a nightmare. We do not know what to do It is true that the expenses are borne by the products, but the price of the products has become outside the purchasing power of the broad segment of the Syrian people, which threatens our work with the continuity of production.
In turn, Abu Hassan, the owner of the "Normex" refrigerator brand, considered that the operating expenses for this year are the highest and he said: I am shocked by the amount that was spent to produce 20 prada, knowing that some products are manufactured inside Syria and others are imported, but the expenses and petty cash exceeded all expectations, today we produce Refrigerators We do not know how we will price, can we compete or work at a loss.
Bassam Laila sits in front of his books and calculates his expenses for 2019, and upon seeing the final number he expressed his shock and said: The situation is no longer tolerable for the first time my operating expenses reach more than 4 million pounds, knowing that my job is in the maintenance of refrigerators and washing machines.
Chilean expenses are daily expenses that are incurred in the normal case of work, and we note that some industries and businesses have higher operating expenses than others, but the number assigned under this financial item shocked all businessmen, took the groans out from their depths, and set their eyes to the unknown in the exchange rate.