This week's cover story, Cheat Local!, explores how local businesses get crushed buy daily deals sites like Groupon. As the article explains:
"There is no upfront cost to the business running the promotion. Groupon typically keeps half of the discounted price, and reimburses halfâso, $5 of the original $20 price of [an item]âto the merchant."
We put together a tool to help you work out just how much a local business will make from that daily deal that just landed in your inbox.