profits

profits
Business

Getting As Much Money Even When Closing

Interesting integrity debate this was. Essentially, there was a business that was in the midst of closing down a certain division where business wise they got money from customers who pay for their services. There has been reports that the company may be closing but publicly they told people that there were no intents in

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Business

How Much You Pay Versus The Time You Save

I heard of an interesting scenario the other day where there was an owner of a business where he hired a full time helper which costs him about $15/hr. This was a food based industry where each customer they brought in probably generated about $5 in profit. So you essentially need about three customers per

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Financial Management General Thoughts and Fun Topics

Quantities You Buy For Price Error Items

I was reading a post about an item that seemed to be a price error where a product that could easily be in the $500 range was selling for $50. Basically, it’s like someone forgot to add an extra zero at the end of the price. Of course there were people that insisted in trying

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Business and Finance Books

Profits Aren’t Everything They Are The Only Thing – Final Thoughts

When I first read this book my expectation was that there would be a lot of tough love advice where the author tries to tell you the unpopular things you need to do in a business to be financially successful. Example, items like how you have to sacrifice a lot of personal activities and not

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Business Making Money

Too Profitable Not To Sell

Recently I learned that a person I know actually got extremely lucky and was able to purchase about four tickets to the Vancouver Olympics 2010 Hockey game legitimately through the draws. It is actually for the gold game too to make it even more valuable. He then made a point that he is going to

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Business

Forcing Supplement Products In A Service Package

There was this fitness business I was looking at that dealt with teaching people a specific sport and like most places they offered a pricing package. Interesting thing I noticed though that throughout its site they were actually pushing some kind of diet product as part of their curriculum fee. I recognized this product from

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