question archive As a small-business owner, you are faced with rising costs, particularly employment costs, insurance, and the like
Subject:BusinessPrice: Bought3
As a small-business owner, you are faced with rising costs, particularly employment costs, insurance, and the like. You decide to hire Leo, your good friend to save on these costs and insurance. Leo works for 6 months and wears the business shirt, deals with vendors and customers on the phone, and tells his family that he is the company's best employee. One day at lunch, Leo heads to 7-11 for a Slurpee and befriends the owner, Dan. Leo makes a deal with Dan to sell your product, Widgets spinners, at the 7-11 in exchange for a free Slurpee every day. The store sells out of Widgets spinners the next day and Dan calls to demand you restock because it is bringing in lots of customers.
Discuss the following: