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<p>[QUOTE="cdcda, post: 11712, member: 941"]Longacre, as with any type of business, the majority of those that fail do so due to a mismanagement. Frequently a lack of profits does not indicate that the profits did not exist, but rather that the principals who ran the company were unable to find them.</p><p><br /></p><p>That being said, the coin business is not wildly profitable. As a matter of fact, I would guess that overall the profit margins in this business are relatively low when compared to your average retail sales business.[/QUOTE]</p><p><br /></p>
[QUOTE="cdcda, post: 11712, member: 941"]Longacre, as with any type of business, the majority of those that fail do so due to a mismanagement. Frequently a lack of profits does not indicate that the profits did not exist, but rather that the principals who ran the company were unable to find them. That being said, the coin business is not wildly profitable. As a matter of fact, I would guess that overall the profit margins in this business are relatively low when compared to your average retail sales business.[/QUOTE]
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