Many innovative people are seeking new ways to make additional money for their families in this struggling economy. One option, to generate some extra cash, is to cook that highly prized, old family recipe at home and sell it to the public.
One of the most difficult tasks an entrepreneur has is pricing their products. Pricing is one of those things that requires experience and experimentation. Set prices too high, and revenues fall. Set them too low, and though revenues increase, profits plummet.
Question: M.T., of Horseshoe Beach, writes, “I was stopped by a police officer the other night because I had kind of drifted through a stop sign. He said I didn’t come to a complete stop. He smelled alcohol on my breath and asked me to step out of the car and perform some field sobriety tests.