The Average Markup on Coffee: Explained

What is the average markup on coffee? On average, the markup on cups of coffee sold in a coffee shop is around 80%. This means you’ll take the cost it takes for you to make the coffee and add 80% on top of that to set your price per cup. The true cost includes all … Read more

Why Pawn Shops Offer So Little: Explained

Why do pawn shops offer so little? Pawn shops offer little for everything you try to pawn. It is called capitalism. They buy low and sell high. They have to be able to make money to support their building, employees and the ability to continue to buy other products. Read more on www.quora.com Pawn shops … Read more

The Market for Socks: Is It Worth the Investment?

Is there a market for socks? The global socks market size was estimated at USD 44.61 billion in 2019 and is expected to reach USD 47.22 billion in 2020. What is the socks market growth? b. The global socks market is expected to grow at a compound annual growth rate of 6.0% from 2019 to … Read more

The Price of Homemade Moonshine: Understanding the Market

How much does homemade moonshine sell for? The selling price is around $25 a gallon if sold in bulk, or $40 for retail price. “”They can make as much as $10,000 a month,”” the task force said. Producers make five to six gallons every seven days in the winter and 7 gallons every five days … Read more

Do Buyers Pay Auction Fees?

Does the buyer pay auction fees? The answer is that they charge fees – commission – to the seller and to the buyer. All you as the buyer need to do is know what those auction fees are and then take those charges into account when you decide how much to bid. The auction fees … Read more

Do Winemakers Make Good Money?

Do winemakers make good money? The short answer to this question is that independent winemakers struggle to make any money at all, and salaried head winemakers in California tend to make between $80k-100k a year with other key winemaking positions like cellar hands (who do a lot of the actual work) earning $30-40k. Read more … Read more

Why do Rich People Buy Art?

Why do rich people buy art? People purchasing art during times of risks and uncertainties and profiting, such as during WWII, and today in nations with unstable economies and currencies that are subject to depreciation, the wealthy frequently invest in art as a means of diversifying their risks. Read more on startuptalky.com It’s common to … Read more