Understanding Opportunity Cost + Interview with Shatoria Teague
If you have a business, then you probably have a certain budget to operate by. This budget has its constraints that may be a little confusing.
In this article we clarify and simplify these constraints so that you can run your business in most efficient way possible.
This podcast will discuss:
- What is an opportunity cost?
- Marginal decision making
- What are sunk costs?
We also have an amazing interview with Ms. Shatoria Teague own of Always & Forever Formal Wear in Beloit Wisconsin
317 State St Beloit, WI 53511.
In this interview she tells us about her experience as a small business owner, and how she has overcome all the challenges that came her way!
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