1. if you build will they pay? Test it and iterate the plan not the idea.
2. for each delivery, check the costs involved and what people pay, if Pay > Cost. it's a jackpot.
Hi, I was wondering how much you will be willing to pay for an event plan for your wedding or how much did you pay at the time of your wedding? Considering the average wedding cost in India is 20 Lakh and the average cost of a good plan ranges from 2
Revenue, Costs, and Profit: The Foundation of Business
When running a business, understanding how money flows is crucial. The three essential elements are:
Revenue: The total income from selling goods or services.
Costs: Expenses incurred to operate
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💰Learn Start-up Maths —( Concept - 2 )📊
💱 All details about “ COST ”
Whenever someone asks you about the cost just tell him that “ Cost the amount of money that a business spends on the creation of something ”
• There are many types of cost
#
Most of the quick commerce companies are losing money in the last mile delivery, as per you what's the best way to reduce last mile delivery cost and be profitable, if the last mile delivery is the highest expense, which is paid by quick commerce com
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
Anyone who is interested to be a co founder in grocery delivery, food delivery app please message me on my WhatsApp number 9327604590
Existing startups involved in grocery delivery and food delivery app can also contact me, we are interested at all a
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Albin Benny
Software enthusiast • 5m
Revolutionize Food Delivery with a Decentralized Approach
Traditional food delivery platforms charge high commissions, inflate prices, and limit earning opportunities for delivery partners. My decentralized food delivery app aims to solve these issu
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Nnnnn
Hey I am on Medial • 6m
Decentralized Last-Mile Delivery Solution Using Kirana Stores
Failed deliveries often occur because customers are unavailable during working hours. To address this, we propose leveraging local kirana stores as decentralized delivery hubs. Customers