Selling products to YOURSELF is not a business!
What do you want to bet that Donald Trump is now receiving orders from others? LOL! Running for President and showing a profit! What a concept!
When I went to college, computers were just starting out. The College bought an IBM 1620 with 20,000 seven bit characters of core memory, a full electronic adder, and table-lookup multiplication! I was one of the first programmers and was eventually hired to complete the student billing and class scheduling programs. I held them up for $3.00/hr when the student wage was $1.25. The Business Manager said I was the only student who graduated showing a profit. So I appreciate Donald J. Trump. :-)
No but sourcing products to your business from another business you own is good business. It reduces your cost by eliminating the middle man.
I don’t think he he ever really planned on selling many of the steaks. I think they were a marketing tool. If you are aware that Trump steaks cost $50 a pound retail and see “Trump Steaks” cooked in the casino, hotel, strip club restaurant for $49.95 then you think “Ah, a discount! I wonder if they are as good as the adverts claim they are?” The whole purpose of the retail outfit was probably to drive sales in hotel an casino dinning venues
“Selling products to YOURSELF is not a business!”
Selling products from one company you own to another company you own that must buy those products anyway, is a moneymaking enterprise.
I see why you are not a multimillionaire.
You do realize that the products are sold to other people — or do you think that Trump himself eats all that steak, and drinks all those beverages? When you, yourself, have a string of hotels, casinos and golf courses; be sure to promote the fact that you don’t sell any “JediJones” branded items.