Who Is a Famous House Flipper?

House Flipping Celebrities Ellen DeGeneres is one of the most famous celebrity house flippers. She buys and sells luxury California properties, making huge profits from fixing them up. Tarek El Moussa and Scott Yancey are successful ‘professional’ house flippers. Diane Keaton, Jeremy Renner, and others are notable celebrity house flippers as well. Key Strategies in … Read more

Does Nike License Their Products?

Nike Licensing Agreements Nike licenses their products to manufacturers who produce Nike-branded items for retailers. Nike operates a franchise model in India, allowing local retailers to sell Nike products. Nike’s Profit Margin Nike signed a two-year licensing deal with New York City for apparel and shoes with city logos. The NFL, Nike, and Fanatics have … Read more

What Is the Average Markup at a Convenience Store? Key Factors Affecting Profitability of Convenience Stores

Location, stock, pricing, and great service are essential to success. Higher sales volume leads to a higher profit margin. Profitability and Strategies Average profit margin for a convenience store is 2-6%. Average net profit ranges from $60,000 to $100,000. Many factors affect the net profit. Chains can achieve a profit margin of 10% with multiple … Read more