Hey guyz,
I am thinking about starting an online store that sells second college books, but before that, I want to open a book stall that sells novels in my college campus.
Is that a good idea?
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✨" Price On Value Not Cost "
Elaborated🤌: Startups should price the product based on Value not cost. What this mean is, don't just price above the making cost instead you should price on Value.
You can do this by doing surveys for PMF.
In thi
What’s the biggest factor in achieving business success? (As per your view)
4 replies4 likes
Sameer Patel
Stealth • 7m
Cost Inflation Index
The Cost Inflation Index (CII) helps adjust the purchase price of an asset to account for inflation, making it easier to calculate capital gains tax fairly in India. The government updates the CII every year.
Example: If you b
Wth is CM1, CM2????
CM - Contribution Margin
Contribution margin is the selling price per unit minus the variable cost per unit.
CM1 =
Contribution margin one= selling price- material costs - logistics costs.
CM2=
Contribution margin two= sellin