Showing posts with label loss. Show all posts
Showing posts with label loss. Show all posts

Monday, July 15, 2024

Theft prevention

Every generation needs a revolution - an entrepreneurial revolution

Reduce employee theft -  losses
Make wealth creation effective.     

Employee theft account for most bankruptcies.   In US, $50 billion is lost annually on employee theft.  33% are bachelor's degree


Wednesday, July 3, 2024

Why do investors still flock to retailing business despite thin margins and risks?

Every generation needs a revolution - an entrepreneurial revolution

One wonders at sudden surge in investment in retailing business.  There are Dali and Save branching out furiously aside from 7-11 and Alfa Mart.   I have former employee having a new retailing outlet and now putting up a second one.

We had a small grocery before but we excited this because of :  1.  paper thin margins.    2.  inventory shrinkage from shoplifting and inside theft.   3 stiff competition who undersell you.   Thats the strategy of a huge retailing firm, they undersell you at a loss and then  resume normal prices when you have closed.

Thats the same phenomenon say at USA where new civil rights embolden thieves and looters.   Thus retailers are leaving NYC. Chicago and San Francisco in droves.   

What do they see that we  dont?

Will you invest in retailing business

Dali Reports P1.88 billion loss  (Dali is discount retailer which is funded by ADB)  They are every where.  In our municipality, they have 3 outlets.  








Friday, June 7, 2024

US banks took a $517 billion hit, 63 banks to collapse?

Every generation needs a revolution - an entrepreneurial revolution

This is huge.  This is disturbing.  How will this affect US world economic stability?

How will this affect quality of life in US?   World stability