When operating a camera business it is important to know how much of your sales actually contributes to your profit. You can figure this out by calculating the contribution margin of your products and ...
If you have ever looked at your revenue graph and thought, “We’re growing, but it still feels fragile,” gross margin is ...
Small and large businesses need to understand the relationship between cost, volume and profit to develop their pricing strategies. Setting prices too high might mean lost sales, while discounting ...
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 ...
Traditional and contribution margin income statements provide a detailed picture of a company's finances for a given period of time. While both serve the purpose of showing whether a company has a net ...
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 ...