I was actually thinking the 30% payback was the amount you had to pay back... so if you're running a business and you get this $5K loan and then sell the results for $7100. Here's what happens:
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Type: Posts; User: nealrm; Keyword(s):
For the 100% mark-up you are not net-negative....
I was actually thinking the 30% payback was the amount you had to pay back... so if you're running a business and you get this $5K loan and then sell the results for $7100. Here's what happens:
...
If they are taking 30% of sales, they are taking...
If they are taking 30% of sales, they are taking 30% of COG + 30% of the markup. So in order to keep a 30% profit margin you will need to have a markup of 85.7%. If you also want to recoup the $245...