What is a brick and mortar business?
What is a “brick and mortar” business?
Well brick and mortar is where you have a physical presence outside of the home. The overhead is monies that you have to spend, and it doesn’t necessarily contribute directly to your business. In other words, if, I spend, I have to spend this money whether or not I make a single sale. That’s overhead. So, if I’m working out of the home, well, pretty easy, because, you know, I’m going to live here one way or the other. But, if I have to, if I have to have an office outside, that’s overhead, that’s money that I’m spending. It doesn’t, it doesn’t do anything for me whatsoever. So I’m not suggesting everybody move into their home or have a home business. Not always desirable, you know, for different reasons. But there is a, the overhead is a major reason, I think, plus a convenience factor, that people are, or they can, and especially because of the Internet they can, are working out of their home and not working outside.
VideoJug: What is a “brick and mortar” business?
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This entry was posted on Monday, September 15th, 2008 at 12:07 am and is filed under Entrepreneurs Success Tips, Useful Videos. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
