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Ah, assuming a profit of $500 does make the maths make sense. But $500 profit a year from a single customer is way above the average for the majority of busine
by corin_ 16y ago
Ah, assuming a profit of $500 does make the maths make sense.
But $500 profit a year from a single customer is way above the average for the majority of businesses.
- martinkallstrom 16y agoSo it follows that the majority of businesses does not make trillions of dollars either. :) Still, there are several businesses that are making on average over $100-500/year profits on me. More or less my bank, car maker, gas station, energy company, furniture store, favorite soda brand, supermarket, fast food chain... what else? Scary thought.
- hessenwolf 16y agoYour bank might not be. They are often just acting as a middle man and lending money to you that they borrowed from the bond market, taking the spread as their admin expenses.