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A Home Business Franchise Essential--Making A Budget
Whether you're new to home based businesses or a home business veteran, there's no denying that having a good budget for your business is essential to maintaining order in your business and tracking profits and expenses. Here's some practical ways to put your budget together and get your home based business on the right track financially.
Double Marginalization and the Point of Ideal Price Viability
Referencing my last post (Double Marginalization and the Decentralized Supply Chain, August 9, 2007) double marginalization “DM” is defined as the “exercise of market power at successive vertical layers in a supply chain.” The problem that arises as a result of DM is tied to an impetus to mark up the product’s price above marginal cost. The sequence of mark-ups “leads to a higher retail price and lower combined profit for the supply chain.” In short, DM drives the paradoxical outcome of higher buy prices with lower sell profits.

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