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Business By The Numbers

Opportunity Cost [E066]

18 May 2023

Description

This week Hunt discusses the actual cost of that aging loaner fleet. Are they really as cheap as you think?• What is an opportunity cost? How does that impact the actual cost of my loaner fleet?• Does opportunity cost apply to me and my team equally?• So, you spend a couple hundred dollars in parts to keep that beater on the road, but is it really "cheaper than a car payment?"• How does opportunity cost apply to a tow truck that I also have off the road and not making me money?Thanks to our sponsor partner NAPA TRACSNAPATRACS.comPaar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online : www.paarmelis.comEmail Hunt: [email protected] a copy of my Book : Download Here

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