A Quote by Sam Zell
When all is said and done, what must be remembered is a newspaper is a business. It used to be a fabulous business that made extraordinary margins. It's now a very good business with appropriate margins.
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Payments is a hard business. It's a messy business, with not necessarily the largest of margins.
My understanding from talking to a lot of people in the business has been that it used to be that a newspaper was considered a community service. Now they're being run as profit centers, and they're trying to get pretty high profit margins. As a result, investigative reporting has been seen as a problem.
The margins for restaurants to make money are very, very narrow. It's a tough business, and to be a chef is a little bit masochistic.
Our business is strong and enjoys high margins.
But you were always a good man of business, Jacob,' faltered Scrooge, who now began to apply this to himself. Business!' cried the Ghost, wringing its hands again. "Mankind was my business; charity, mercy, forbearance, and benevolence, were, all, my business. The deals of my trade were but a drop of water in the comprehensive ocean of my business!
Every film may not be appropriate for a theatrical release, and the theatrical business is not a very good business for anybody except the distributor.
I mean the business is just so rough man, people always think the business is easy, and the business is very rough. This is probably the worst business that you can get in, as far as, business-wise.
Every time I started a business and the people told me I was an idiot, I ended up making a lot of money. Si Redd used to say me, "Boy, you gotta be where they ain't." What that means is that you find areas of low competition because high competition means lower margins, and lower margins mean less profit. So we were always looking for places where we can be unique. If the thinking is out-of-the-box, people may not understand because they have not seen it before... Therefore you are an idiot.
It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling to parlay their existing advantage into dominance on the Internet. But it is way less sure [that this will occur] than the certainty 20 years ago that the basic business would grow steadily, so there's more downside risk. The perfectly fabulous economics of this business could become grievously impaired.
In a family business, you grow up with close contact to the business, whatever it is, and the beer business is certainly a very social type of business.
Call on a business man only at business times, and on business; transact your business, and go about your business, in order to give him time to finish his business.
Business dispatched is business well done, but business hurried is business ill done.
I am a big believer that you can have a successful business and give back; it's just about the intention behind starting your business. Of course, your margins aren't going to be as good as they would be if you were just a straight consumer goods fashion company, but obviously the purpose is so much greater. It takes some balancing to figure out how much you can afford to give, but it's definitely possible - and all the more meaningful, if you can strike that balance.
Wherever you go in the galaxy, you can find a food business, a house-building business, a war business, a peace business, a governing business, and so forth. And, of course, a God business, which is called 'religion,' and which is a particularly reprehensible line of endeavor.
The digital premium business content model is broken and we should all be taking appropriate steps now to ensure the viability of this business is preserved by other means.
Percentage margins don't matter. What matters always is dollar margins: the actual dollar amount. Companies are valued not on their percentage margins, but on how many dollars they actually make, and a multiple of that.
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