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In the discussion thread: The Meaning of Black Friday [View all]

Response to TBF (Original post)

Fri Nov 28, 2014, 12:47 PM

4. I had 'always' heard the line about 'the day they go into the black'

which is pretty nonsensical on its face, given that (non-seasonal) businesses have expenses all year long and income all year long. Simply anticipating your overall costs and taxes for the year doesn't have any magic power. Sure, your sales might bump up pre-Christmas, but it's a damn poor 'businessman' who is willing to lose money 11 months of the year and 'hope' that extra December sales will pull him out of the red for the year. That's a person (or company) that needs a management overhaul.

I had a boss who ran both year round enterprises and seasonal ones, and his 'season' was determined by the time during which he actually made money - there was no incentive to stay open when demand didn't warrant it. He didn't create jobs, demand created jobs, and determined when the business was open.

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TBF Nov 2014 OP
djean111 Nov 2014 #1
TBF Nov 2014 #2
djean111 Nov 2014 #3
LineNew Reply I had 'always' heard the line about 'the day they go into the black'
Erich Bloodaxe BSN Nov 2014 #4
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