3 ms·
Retail is and always will be a low margin business. what would you rather invest in (assume there are no costs other than inventory to keep it simple). A stor
by riggins 12y ago
Retail is and always will be a low margin business.
what would you rather invest in (assume there are no costs other than inventory to keep it simple).
A store that has $100K of inventory that turns inventory once a year with a 20% profit margin
or
A store that has $100K of inventory that it turns 10 times a year with a 5% profit margin