Learn how overhead costs can impact a business. The problem is that businesses are often competing in a market where they are a price taker—not a price maker—making it difficult to recoup their overhead costs.
- We both work at Brigham Young University.…Our offices are within 50 feet of each other.…we teach similar classes.…We've been there together for almost two decades,…and, on occasion, we go to lunch together.…- [Kay] When we do, we walk down the street…and pass, what we affectionately call,…the Bermuda Triangle of eating establishments.…For years, we've watched restaurants…and fast food places come and go.…A new eating establishment will open up and,…within a year, it'll go out of business.…- As a result of this coming and going of businesses,…we thought a lot about why this keeps happening.…
It's not for lack of demand.…This Bermuda Triangle is sandwiched…between a major university and a local high school.…- There are other food establishments in the area…that have made it and have stayed in business.…So why do some make it, and some don't?…- These small business entrepreneurs have dreamed…of opening their own business for a long time.…They've scrimped and saved.…They've planned and thought things through.…They invest their life savings; and then it's gone,…
Skill Level Beginner
Q: Why can't I earn a Certificate of Completion for this course?
A: We publish a new tutorial or tutorials for this course on a regular basis. We are unable to offer a Certificate of Completion because it is an ever-evolving course that is not designed to be completed. Check back often for new movies.