Financial Breakdowns

Mattress retailing is brutal when it comes to profit margins. Especially the net profit margin. Look, mattress retailing involves, thanks to mattresses’ large sizes, huge showrooms with high rent and utilities. The bigger the showroom, the higher the rent and utility bills. And not to forget the large number of sales, delivery, and admin staff… Read more

Recently, Apple appointed John Ternus as the new CEO, and the news is that he’s going to get a compensation package of $58 million. Now, the problem is when people hear $58 million; they think the new Apple CEO is going to get a $58 million salary check each year. That means $58 million cash… Read more

Have you heard of a company called Encore Capital Group? Well, it’s one of the largest debt buyers in the world. Okay, so what does this debt buying mean? Why do they buy debt, and most importantly, from whom? As you know, people default on loans and credit cards, right? That means they can’t repay… Read more

Electricity bill defaults are a huge problem for governments around the world. The core reason is the post-paid electricity meters installed in most houses. Unlike other kinds of post-paid connections, installing electricity meters doesn’t require any credit checks. So, sometimes people cannot pay after consuming electricity, and that creates defaults. Needless to say, these defaults… Read more

You know central banks around the world keep changing their policies to control inflation and guide economic growth. For example, in the US, the Federal Reserve, during a high inflation environment, increases the federal funds rate. What’s this federal funds rate? Well, nothing but an interest rate at which a bank lends or borrows to… Read more

Electric vehicles have been popular in the past 7 to 8 years. And that’s a wonderful thing for planet Earth. Now, we can really see a future free of polluting vehicles. Now, since electric vehicles (EVs) are new to this world, we really don’t know how they’re going to age. Practically I mean. EVs bought… Read more

Who sends postcards these days? Probably no one. The reason is obvious. You’ve messenger apps to send any kind of message. For that matter, even gone are the days of physical letters, right? But have you noticed physical letters are still being sent by businesses or corporations, like bank statements or appointment letters. So, while… Read more

There’re some business ideas that sound dumb, but actually they’re smart ideas. Renting wooden pallets is one of those ideas. So, pallets are flat platforms made up of, generally, wood and designed to hold and transport goods. If you enter any warehouse or even stores like Costco, you’ll find them easily. They’re the backbone of… Read more

What comes to your mind when you think of screws? Yes, the screws used to fasten things like furniture. I’m sure you may not have given a second thought to it. Need to fix broken furniture? Go to the nearest Home Depot and get one. They’re very cheap, right? Don’t wanna visit a hardware store?… Read more