Recognizing High Barriers to Entry to Enhance Returns

Barriers to entry are often one of the first concepts learned in business strategy classes. Barriers to entry describe the factors which would deter new competitors from entering a market. Barriers to entry can be natural or human-made obstacles that make it difficult for a new entrant to compete with established incumbent firms. Understanding barriers […]

5 Disadvantages of Credit Cards to Be Aware Of Prior to Opening One!

“Wait – Andy, are you telling me that there actually are disadvantages of credit cards?” Yes, I certainly am. I know that sounds facetious, and it mainly is, but everyone always talks about the advantages of credit cards, and that includes myself. I mean, there’s the obvious ways that you can make money with credit […]

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