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 Is something better than nothing? Revenue vs. Profit.
Posted by JanetK_CA on 11/19/19 8:45pm

This is a copy of a message I posted a couple of weeks ago referring to a message from years ago. Some recent comments here have prompted me to post this again, especially since it probably got lost at the bottom of a thread. The first linked message offers one of the best perspectives I've read to help evaluate the economics of when "something is better than nothing" and when it's best to just let it go.

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I very strongly recommend that everyone [especially newbies] read this longish, but extremely instructive message: Msg #488879. (It's just one of several on how to look at expenses. Other messages get more into the details of how to come up with those numbers. [Anyone have other favorite old messages on this topic?])

There will probably be three different types of reactions to Marian's message:

1) Wow... Eye opening! I never thought of it that way;
2) Of course! Anyone with basic business knowledge and good sense knows this; and
3) ... [Rather than try to explain, read the post by jba/fl in the same thread with Marian's message listed above. Msg #488936. It's worth it... Wink]
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