We would all like to be able to magically know which business we should start on our own, which business would make us the most money, which business would be the easiest to control, how we should set up our business to give us all the information that we need, and what details we should cover while planning all of these items, and, most importantly, how do we “Cover our Nut”.
“Cover Your Nut” – to cover all costs relative to income. The cost is referred to as the “Nut” and the income is referred to as the “Cover”.
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