More money based on when and how much
Profits for vendor and client
There are three costs involved in a client-vendor relationship: the cost of creating the product, the amount that the vendor is charging and the amount that the client is paying.
This means that there are two sets of profit: 1) For the vendor, their profit is the sales price minus their production costs, 2) For the client, their profit is the value received, minus the amount paid.
The client is looking to receive the greatest value and pay the least amount for that value, while the vendor is seeking to reduce their costs and charge as much as possible. Let’s examine why this
Merager Financial Solutions can assist you with your small business and personal finances. We will create value, help bring in more money and stop money leakage. Put your finances on auto-pilot and reduce your stress!