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this is clearly not true in all cases; i think the more likely story is that like most industries, 80% of the profits are taken by 20% of the firms. also, sala
by notacontrarian 9y ago
this is clearly not true in all cases; i think the more likely story is that like most industries, 80% of the profits are taken by 20% of the firms.
also, salaries don't count toward margin so i wouldn't be surprised if most owner/managers make a reasonable living (albeit with long hours) even if their businesses aren't very profitable on paper.
- dogruck 9y agoWhat statement is "clearly not true in all cases?"
- TremendousJudge 9y agotautologies?