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HarlechMan on scored.co
9 days ago3 points(+0/-0/+3Score on mirror)1 child
>I don't understand why
Profit margins making it worth it. They need $X amount for a sale to make a profit, especially considering credit cards. Say they want every customer to give them at least $2 in profit for a sale. Say a double cheeseburger costs $1.00 to make. So it costs $3.50 retail to account for a 2x markup plus extra for credit card fees. Or you can throw on another $2.00 in extras for a "meal deal" or whatever. Soda, fries, a few chicken nuggets.
Now you charge them $6.00. Similar profit margin, but the customer feels like they're getting "more" and the cheeseburger seems cheap instead of expensive. and are more likely to order from you. But whether they order the meal deal, or just the single cheeseburger, you are making your $2.00 per order.
Profit margins making it worth it. They need $X amount for a sale to make a profit, especially considering credit cards. Say they want every customer to give them at least $2 in profit for a sale. Say a double cheeseburger costs $1.00 to make. So it costs $3.50 retail to account for a 2x markup plus extra for credit card fees. Or you can throw on another $2.00 in extras for a "meal deal" or whatever. Soda, fries, a few chicken nuggets.
Now you charge them $6.00. Similar profit margin, but the customer feels like they're getting "more" and the cheeseburger seems cheap instead of expensive. and are more likely to order from you. But whether they order the meal deal, or just the single cheeseburger, you are making your $2.00 per order.
1. Go to the appraisal district and pull the tax amount on any business.
2. Divide the tax into 12 months..
3 spread that that into 30 days or daily average..
4. Divide by PPA.. per person average spend
5. Tell me what u see..
It's called the property Tax bomb.. Google mitch vexler on youtube