Business Analysis

What is a draw in business? An owner’s draw, also called a draw, is when a business owner takes funds out of their business for personal use. Business owners might use a draw for compensation versus paying themselves a salary. Read more on www.patriotsoftware.com A draw is a word frequently used in the business world … Read more

Is spa business profitable in India? It would not be an overstatement to claim that the salon and spa industry is one of the most profitable business ventures in today’s times, internationally as well as in India. As per a survey conducted by the cosmetic industry, it has experienced a growth of almost 60% in … Read more

Is opening a bookstore profitable? Bookstores need to have a gross margin of about 40 percent to be profitable, according to Michael Kaplan in an interview with the Miami Herald News. In other words, if the book is sold at $20 retail, the bookstore bought the book for $12. As a bookstore, you’re expected to … Read more

How profitable is an escape room Company? Escape Room is fun but it can also be a very lucrative business if done well: one of the owners in the United States (with several locations and about 34 games) makes an average 1.1 million USD turnover each month. Another owner recover his whole investment within 2 … Read more