A simple business question about profit

[mr ed]

Maybe you should try the gun business.
Buy gun, mark it up $10 and sell. Become popular.
Only problem, it costs you $35 a gun to keep store open.
$50 to make a profit to keep store open and feed your family.
So you raise your prices to stay afloat and all your customers go on FB and OSA
to bash you for being expensive and greedy. LOL!

 

[SoonerP226]

What's up with all the math? I thought this was supposed to be a no math forum!

 

[918evo]

Maybe you should try the gun business.
Buy gun, mark it up $10 and sell. Become popular.
Only problem, it costs you $35 a gun to keep store open.
$50 to make a profit to keep store open and feed your family.
So you raise your prices to stay afloat and all your customers go on FB and OSA
to bash you for being expensive and greedy. LOL!

Sounds like the owner didn't do a market feasibility analysis.

 

[mightymouse]

Sounds like the owner didn't do a market feasibility analysis.

Sounds to me like the owner was in the gun business.

 

[Louro]

OK,

According to AOC, Bernie Sanders, Elizabeth Warren, you are making too much profit, you should provide the widget at no cost to the consumer and pay you fair share of taxes.

 

[CHenry]

These are widgets and they came on my phone for free but the phone cost $200 so maybe the phone was free and the widget was $200?
MM, your selling too low bud!

 

[mightymouse]

MM, your selling too low bud!

Story of my life, my friend.