What is an “Automatic” Business?

By Hoke - Last updated: Sunday, August 1, 2010 - Save & Share - Leave a Comment

Like the proverbial money tree, the Automatic Business makes money steadily and regularly. These are the most desirable form of small business. The Profits of an Automatic Business are not proportionate to the amount of effort the Owner exerts. The Owner may do little work. Some established retail stores, manufacturers and wholesalers could be classified as Automatic Businesses. The opposite of an Automatic Business is one where the profits are in direct proportion to the effort made by the Owner.

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