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Tag: profit

PROFIT MODELS

January 25, 2021 The Money Engineer

If you’re in business or management you need to understand the profit model of the organization you work for. A profit model is simply how

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Profits are better than wages.

June 13, 2020 The Money Engineer

“Profits are better than wages. Wages will make you a living, profits can make you a fortune.” – Jim Rohn. There is nothing wrong with

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Cost and Price

May 20, 2020 The Money Engineer

The cost of something is what you incur to make it. Price is what you charge for your products and services. The difference between price

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