Small Business Owners Should "Think at the Margin:" Here's How

Posted by airabongco under Strategy
From http://smallbiztrends.com 3829 days ago
Made Hot by: logistico on October 30, 2013 8:30 am

Don't know how to decide for that necessary step for your business? Here is a basic strategy from economists - think about the margin. Think costs and benefits and see where that takes you.

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Comments

Written by bloggerpalooza
3828 days ago

Setting goals are what a businessmen should have. He or she should not make hasty decisions that may ruin the business.

Margins should be made, whether you want to risk or you want to stay in the safe zone, that is determined by your margin. The margin also shows your potential danger in which you can see which way are you heading, the right or the wrong way.

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