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re: Are king cakes from Dong Phuong Bakery really that good?
Posted on 1/29/22 at 10:48 am to SixthAndBarone
Posted on 1/29/22 at 10:48 am to SixthAndBarone
quote:
If you can sell 20% more at the same price, why in the hell would a business leave that money on the table?
What if you can sell the same amount of king cakes at 20% higher price?
Work smarter, not harder.
Price isn't what matters. Profit is what matters. And really, marginal profit is what matters.
quote:
Working with food processors for 25 years, I understand how production works.
I have a number of restaurant / food production clients. 98% of them are terrible businessmen and have little to no financial sense.
1
Posted on 1/29/22 at 12:25 pm to LSUFanHouston
quote:
What if you can sell the same amount of king cakes at 20% higher price?
Because they are selling out at the price they are at now. And can still sell more at that price. So their price needs to increase another 20% if they are selling out at an already higher price.
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