A small business fair profit is between 9 and 37%. To me, 100% is a fair profit. The customer hands me their money and I do nothing in return. The problem with that scenario is that the customer will never come back. If I go to the other [...]
The economy wide cycle is the natural fluctuation of economic activity referred to as expansion of the Gross Domestic Product and downturns known as recession. Each industry responds differently to the economy wide cycle.
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