RECENTLY ON TOL:
- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
on Measure 67
A very important thing for people to realize about business revenue is that "revenue" is completely different than "profit". I learned this from a struggling farmer when I was younger who told me his farm did over $4 million in annual revenue. I instantly jumped to the conclusion that he was a millionaire. He then explained to me what turn-over meant and showed me how much it costs to run a farm. Having that little nugget of understanding I have gone from seeing a $500,000 a year company as being filthy rich to looking at their operation and wondering how some of them even survive! Many of them won’t if this bill is passed.
posted 3 years, 4 months ago
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