The concept of a contribution margin comes from the need for business managers to understand how profitable their businesses have become. For most managers, this is as simple as looking at something ...
When you run a small business, it's important to always know your break-even point -- the amount of sales needed to pay for all of your costs in a period. Below break-even, you generate a loss; above ...
When you run a company, it’s obviously important to understand how profitable the business is. Many leaders look at profit margin, which measures the total amount by which revenue from sales exceeds ...
With ever-increasing costs of farm inputs, it becomes more important to determine what inputs will be best to control weeds and other detriments to your crops. Although I am not an agronomist, one ...
One of the most crucial aspects to keep track in your business is the profit margin formula. Not only is it an essential measure of your business's financial viability, but it's also a crucial factor ...
Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...
In a previous article I discussed the importance of tracking gross to net sales, deduction management systems and how 80% of a company’s profits are generated by 20% of its customers and 20% of its ...