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LEMME ESPLAIN IN MIKEY TERMS

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ScoreGuy

Post subject: LEMME ESPLAIN IN MIKEY TERMS

Posted: Mon Sep 11, 2006 11:59 am

Joined: Sun Jun 13, 2004 10:08 pm
Posts: 82

Lets say you opens a new joint to eat

and you sign a 5 year lease and the rent is $30 G a month for a 10,000SF place and it cost another $100G per month just to stay open

grossing $125G a month isn't good. Although you can say you gross more money than anyone on the block, you might also lose more money than anyone on the block

Get it Mike? Your joint loses the most on the block while grossing the most

in case you still don't get it, that aint good

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good dolphin

Post subject:

Posted: Mon Sep 11, 2006 12:20 pm

Joined: Thu Feb 17, 2005 2:35 pm
Posts: 82220

I don't know if that is correct in the business world. Most retail/sales operations have a product they consider a loss leader. They may not make money on the product but its value is in getting you in the door and using its brand of products.

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C_Howitt_Fealz

Post subject:

Posted: Mon Sep 11, 2006 12:26 pm

1000 CLUB

Joined: Sun Jul 17, 2005 6:03 pm
Posts: 4944

good dolphin wrote:

Most retail/sales operations have a product they consider a loss leader.

Loss in what, brain cells?

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LEMME ESPLAIN IN MIKEY TERMS

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