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Sound advice Mr. Stricker.
A lot of small business owners tend to let the little nickel and dime things drop through the cracks when figuring overhead. Nickels and dimes make dollars. You don't want to eat up all the profits like in your knife show example.
Makers shouldn't forget to add things like unrecoverable materials drops into their overhead. 20 or 40 or however many a dollars a month in waste is cost that should be reflected in the cost of the knives just like the electric bill or grinding wheels.
chiger,
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