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Introducing transparent pricing
- pbowyer 12y agoI'm surprised by how low their profit margin is - at least on these $10 plans.
- deleted 12y ago[deleted]
- nhance 12y agoThere are lots of ways to run a business and this is one. It reads like what you'd expect to read from a charity.
- Artemis2 12y agoThey are probably more transparent that a lot of charities, the approach is great and the whole culture seems very neat.
- settsu 12y agoI admire the idea of transparency on principle but wonder how practical it is long term or under likely scenarios in the future of a company. And I wonder how that profit compares to similar businesses? And if it is sustainable? (Just to start...) A quick search provides some rough "data" on other small businesses: "The average net profits of a small manufacturing wood products business, with $2 million in revenue annually, according to the website "Biz Stats," is 14.56 percent per year. Medical equipment and suppliers, with $2 million in revenue, have a net profit margin of 26.95 percent annually. By contrast, computer and electronics products return a net profit of 53.94 percent, and the food processing sector, according to "Biz Stats," has a net profit margin of 10.28 percent." (http://smallbusiness.chron.com/average-profit-margin-small-business-23368.html http://smallbusiness.chron.com/average-profit-margin-small-b...)