Dilemma
I recently started my own business. In my field, my salary is derived in two ways: 1) an hourly charge, and 2) a mark-up on materials that I personally purchase for the construction projects. Since I am a business owner, I am able to buy supplies at wholesale rates; it is customary in my field not to tell clients the profit made on these purchases.
I think I should be honest with my clients, though. Since I am already making money by the hour, it seems excessive to also make a profit on purchases. However, I worry that if I tell my clients about the customary mark-ups I am revealing a secret of my industry, which will create complications for my colleagues in this field.
Should I follow my own ethical code and be honest with my clients? Or be loyal to my industry and follow its customs?
–Unnatural Capitalist