[Note: this post is for the small businesses out there; one man bands, contractors, or local store.)<\/p>\n
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.<\/p>\n
No matter what nothing seems to stick.<\/p>\n
There are many reasons for it but the key one I ask myself, are they built for profit?<\/p>\n
I pondered this as I saw a car yard selling cars for $1990 and $2660 – a wide range of low priced cars. \u00a0How 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. \u00a0Yet they still need volume to sustain a business, 2 cars a week would maybe cover the living costs of the owner. \u00a0What if they can’t reach that?<\/p>\n
Sure enough, I drive past a few weeks later, no stock shifted, I don’t think they will be around for long. \u00a0Have you actually looked at your model, are you built for profit? Or are you just subsidising your time…<\/p>\n","protected":false},"excerpt":{"rendered":"
[Note: this post is for the small businesses out there; one man bands, contractors, or local store.) 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 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1149,1277,1329],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/posts\/2499"}],"collection":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/comments?post=2499"}],"version-history":[{"count":0,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/posts\/2499\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/media?parent=2499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/categories?post=2499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.local\/wp-json\/wp\/v2\/tags?post=2499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}