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Product Demand and Supply for Maximum Profits

Every business owner should have knowledge of economics and the law of demand and supply, no matter how rudimentary it may be.In the study of economics, the law of demand and supply states that when demand of a product or commodity increases and the supply stays the same, then prices are expected to go up.In Read more

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Franchising as a Business Alternative

Franchising is one business alternative for any new entrepreneur.It is also a viable business strategy for an established business or company meant to generate an increased share of the market.A well-known business that has already instituted itself may decide to franchise some of its rights and business systems to a franchisee.This is done with the Read more

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Influences of Inflation: Worldwide Economic Recession

Declining-economy One of the realistic aspects of the modern day economy is the mounting inflationary rate and economic recession which is leading the world into depression as millions of people in the World are severely protesting against the regime of the United States why the prices of oil and gasoline are increasing and causing an Read more