Daily Deals Killing the businesses & competition or making people rich.
Every time, I see a daily deal, especially in the cleaning industry it astonishes me.
How can these guys survive with what they are offering the public?
Are they insured if something goes wrong during the service (this can happen)?
Are they keeping their equipment maintained? ( Can burn down your property at your expense, May have no business insurance).
How can they afford to buy cleaning chemicals or are they using them at all…?
How are they managing to pay their dues ie taxes, GST or compliance costs as every good business should do?
I did tried to sell our service once & there is no way we can do it again, because as a responsible business, we will not survive for very long.
The only winners are the promoters with no risks & no strings attached.
I calculated once that a poor Chappy offering a service was only making $3.50 per hour, if he ought to cover all reasonable expenses. Now is that morally fair…..?
So buying goods and services at a reasonable price is the right ingredient for sustainability. ( Customers & Businesses)