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Price: Cost or Market?

Tom Crouser September 30, 2011 0

[This is the third in a series of four articles on price. The previous two articles were Price Level Not Directly Related to Profits and the Case of Perfect Price. Links to all 4 articles are at the end of this post.] Find out what something costs and then mark it up. That’s the way […]

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Don’t Give Away Business to Get a Typesetter

Tom Crouser September 27, 2011 0

Reader writes: Tom, I own a one year old pack and ship store in Canada. I have had a successful first year. I need to replace my current Graphic Designer, who is returning to school and an opportunity has opened up for me. A local Graphic Designer with his own business, which he has been […]

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Price Level Not Directly Related to Profits

Tom Crouser September 27, 2011 0

[This is the second in a series of four articles on price. The previous articles was the Case of Perfect Price. Links to all 4 articles are at the end of this post.] Some conclude that price relates directly to profits, but it doesn’t. A company can have high prices and high profits; but it […]

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Employee Injured: Can Work but Not Do Job. What to Do?

Tom Crouser September 26, 2011 0

Reader asks: I have a situation where the employee got a hernia and is now unable to lift any significant weight for the next few weeks. What can be done in this situation? Can the person be let go because they can no longer physically do the job and there isn’t another job they can […]

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When to Quit Your Business

Tom Crouser September 22, 2011 0

Reader asks about how to sell their business but out of the discussion comes a principle: how to know when to quit your business. = = = Reader Asks Tom: How is the best way to sell my business? Tom’s Answer: For the MOST part, our types of businesses are successful sold through your local […]

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