Nancy Spruiell

Article

Why Many Entrepreneurs Don't Make Enough Money

Are you making hand crafted products and wondering why you're working hard but not making enough money? I might have the answer for you. A Common MistakenA common mistake entrepreneurs and handcrafters make is thinking that if you’re selling your product at double your cost, you’re making 100% profit. Surprise - there is no such thing as 100% profit. Profit is always figured as a percentage of your selling price, not by comparing it to your costs. Here's a handy formula fo

April 5, 2007