Comments on: Why Do Most Small Businesses Fail?

By: alex

alex — Fri, 05 Feb 2010 20:01:33 +0000

This is a bad example. Let’s all charge as low as possible, and we going out of business very fast. What about profit? For some businesses more profitable do nothing than get involved and loose money in the long run.But it’s ok , price is going down anyway, cheap labor from China and Mexico. Some people work for rent and food.

By: Financial Samurai

Financial Samurai — Tue, 13 Oct 2009 06:47:25 +0000

Having enough financial capital to weather the downturns like this past 18 months was crucial for many businesses.

The other reason businesses fail is that people just give up. It’s hard to make big bucks in anything you do. Everything is relative and some might think blogging for anything less than $100,000/yr is a waste of time.

Hope to see you at FS one day!

By: Carlos Damenschuhe

Carlos Damenschuhe — Fri, 09 Oct 2009 09:21:45 +0000

My family runs a small business and everything has been ok for the time being. I know some people, who are also in charge of a small business and things have not run well for them in the last months and that’s why the business went bankrupt I hope that this crisis finishes asap and that small business survive.

By: Mark

Mark — Mon, 05 Oct 2009 07:09:33 +0000

and movie theaters have student prices

By: Living Off Dividends

Living Off Dividends — Sun, 04 Oct 2009 20:00:26 +0000

Price discrimination is a legal and widely used tactic to optimize profitability. Just check out the 20% off coupons that Bed, Bath and Beyond send out every week. If you can’t be bothered to carry those large 5×7 inch coupons around, then you can pay the higher price. Otherwise, you get yourself a discount without much effort. It’s very smart if you think about it.

Ross Stores have senior citizen discounts, which is a form of age discrimination. Bars/Clubs have free entry for women which is a form of sex discrimination. Apparently, its all perfectly legal!