Discussing :: Are you built for profit?
We all know that retail space that can't hold a business, it's a clothing shop, it's a book shop then it's a bakery. No matter what nothing seems to stick.There are many reasons for it but the key one I ask myself, are they built for profit?I pondered this as I saw a car yard selling cars for $1990 and $2660 - a wide range of low priced cars. How can they possibly make a sustainable profit on that? Sure if they get the cars and put a 100% markup on each of them margins seem good. Yet they still need volume to sustain a business, 2 cars a week would maybe cover the living costs of the owner. What if they can't... read full article
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