Wednesday, November 5, 2025

Business models: how companies make money and sometimes they are hidden

Nation building via learning and being the best in business





I saw this post at SocMedia regarding a driving school.  The other schools were charging P34,000 and others lowered this to P24,000   Still no takers

One enterprising driving school entrepreneur offerred the course for free.    But will require a P24,000 deposit for safety of car being driven (to cover repairs just in case.  

1.   The refund of the deposit can be given back at the end of the course;

2.  P5,000 will be given as reward  for safe driving at the end of two years. and P10,000 can be given at the end of 5 years if the studdent is accident free

3   How can the driving history be tracked?   By selling insurance to the student bought in bulk,   The driving school gets a 40% gross margin on this as com.

4.  By tying up with car companies and dealers for com by referring students for services and sales

Crafty isnt it?