Profit is Not a Bad Thing

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Businesses must make a profit.

This sounds reasonable doesn't it? Businesses offer products or services for a price, hopefully for more than they paid for them and the actual selling price should include their profit.

In today's economy it is difficult for small businesses to compete with the large box stores or with internet sellers who operate virtually, however if our small businesses are to survive and stay strong they must be competitive and offer something extra and that extra may vary from store to store or from one professional office to another and still make a profit. If the small business or professional offers nothing competitive, or different and does not have the personal touch, in this tough economy it will be difficult for them to survive.

The good news is that our local businesses throughout the Town of Huntington are smart, competitive and know what they have to do to prosper in these times. I exhort you to spend wisely, shop locally and give these merchants the opportunity to satisfy your needs and wants whether you are an individual or a large corporation.

Thomas J. Kehoe



 

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