- Joined
- Mar 5, 2008
- Messages
- 112,990
- Reaction score
- 60,556
- Location
- Sarasota Fla
- Gender
- Undisclosed
- Political Leaning
- Undisclosed
The legs are too short. Not to be anything-ist, but pandering to the (perceived) East Asian stereotypes is not the way to make an oodle of money, these days....
I didn't have room to make 45 page business plans in the answer. I think you understand the spirit of the thread. Your desire to play dumb isn't impressing anybody.
Yeah, that is why stupid polls like this are, well, stupid. Running a business is not just find the highest price you can and spend the least. What if spending more money increases profit, such as higher quality items or advertising? Oops, poll premise fail since there is no option to cover that...
You just described option 1 and you know that.
What if spending more money increases profit, such as higher quality items or advertising?
What is the best way to run a ceramic doll company?
(This is the sequel to my poll titled, "What is the best way to run a cracker company?" It is my theory that both polls will yield similar results.)
Let me translate my options:
Option 1: Try to earn a profit
Option 2: Try to generate a loss
Option 3: When a conflict arises between making a profit and doing what feels good, choose what feels good.
Option 4: Just avoid being demonized for your good efforts, don't even start a business
I bet you will still come up with an excuse as to why you can't answer the question. Option 1 is the only option that makes any sense. If you invested money in a company, I'm sure you would want it to earn a profit. Otherwise you would start a charity instead.
And the many companies who are non-profit? And the fact that not all companies are corporations? Some are structured to make it the number one fiduciary duty of the CEO to maximize profit, others not so much. There are companies who modify their opportunity for profit with social concerns.
You display a basic lack of understanding as to business in general in these poll questions.
Let me translate my options:
Option 1: Try to earn a profit
Option 2: Try to generate a loss
Option 3: When a conflict arises between making a profit and doing what feels good, choose what feels good.
Option 4: Just avoid being demonized for your good efforts, don't even start a business
I bet you will still come up with an excuse as to why you can't answer the question. Option 1 is the only option that makes any sense. If you invested money in a company, I'm sure you would want it to earn a profit. Otherwise you would start a charity instead.
Did you know some very successful businesses have never turned a profit, and never plan to?
You have my attention. :shock: No I did not know that.
Many companies, with Amazon being probably the best known, put all revenue into capital improvements and even borrow more to continue to grow. No profit, but still incredibly successful. The business world is far far far far far far far far far far far far far more complex than you seem to realize.
Were their investors bond holders? Amazon is huge. How did they get capital without the expectation of profit? I'm always open to learn. You certainly have my attention.
There is a bit of a difference between medical insurance and ceramic dolls. No one ever died for lack of a ceramic doll.
There is no law requiring you buy a ceramic doll.
There is no law requiring employers give their employees a ceramic doll every month - unless the president says a particular company doesn't have to.
There is a bit of a difference between medical insurance and ceramic dolls. No one ever died for lack of a ceramic doll.
There is no law requiring you buy a ceramic doll.
There is no law requiring employers give their employees a ceramic doll every month - unless the president says a particular company doesn't have to.
They take out loans, same as most businesses do. Most businesses these days always carry debt.
29 out of 30 businesses fail. Why do banks want to loan them money?
A business that fails still has assets.
What is the best way to run a ceramic doll company?
(This is the sequel to my poll titled, "What is the best way to run a cracker company?" It is my theory that both polls will yield similar results.)
A business that fails still has assets.
The banks hire lawyers to come in and strip the bodies, dig out the fillings and that kind of stuff. Nah, it's not profitable, but the lawyers love it.Often the debts to vendors and liabilities exceeds the value of the assets.
People die without medical treatment. Nobody has ever died because they didn't have health insurance. Insurance is a financial product to prevent bankruptcy. Contrary to popular belief hospitals do accept cash. Sure, it does confuse the hell out of them but they do take it. They even take credit cards. :shock:
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?