“Half-price wings on Tuesday's deal is driving customers into stores, but chicken prices are at an all-time high. The more wings they sell at half price, the more money they lose.”
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Said on Business Wars
Dick Whitman · AgCulture Podcast · How to Professionalize a Family Farm: with Dick Wittman | Ep. 148
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bought equipment and land at roughly half price during the 1985-87 agricultural downturn
half price
“Half-price wings on Tuesday's deal is driving customers into stores, but chicken prices are at an all-time high. The more wings they sell at half price, the more money they lose.”
“I always tell them, start your retail price should be roughly five times cost-ish.”
“Floor price agreements now cover more than half of Linus's production, helping lift its average selling price 88% to a record $102 Australian per kilogram”
“For six months, Jeff would be the salaried GM with nothing at risk but his time. After that, he could buy a third of the business at a pre-agreed price, and he'd have up to three years to buy the remaining two-thirds, half at that same price, and half at a pre-agreed multiple.”
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