Welcome to STARTUP TALES !
Ep=2(Scrap bazar)
āIntro:
A 22 year old boy named Kamalesh made a Kabadiwala startup which makes 5 lakh+ per month.
āBusiness model:
It collects scrap from households and sells it to scrap buyers.Essentially, anyone could
Well, the margin depends upon the type of material that they get from the households.
Also if they've got enough traffic then this would make sense in terms of profitability š
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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
In India there is a sudden shift for profitability among startups but the cost of profitability is innovation and growth.
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