Business

How Discounting Can Harm A Business

Some salespeople have a tendency to think that giving a discount is the easiest, quickest way to make a sale. Of course, they may be right, but what about the profit they’re giving away? If a product has a profit margin of 30% and salespeople give a 10% discount to make the sale, a company…

Business

Solving Unemployment by Climbing a Ladder?

Entrepreneurship, and owning your own business, is an exciting concept – some people dabble in it, some master it, and some avoid it like the plague. Not only is owning your own business the fastest route to building real wealth, but the added benefit is also that you can help so many more people feed…