Business owners, Understanding gross profit should be on your list of need to know . Gross profit is one of the most important financial measures, this video will Firstly, explain what it is Secondly, tell you how to calculate it Thirdly, contrast mark up and margin...
Explaining gross profit is my mission this week. Gross profit is the amount of money you make after subtracting the cost of goods sold from your total revenue. This number tells you how much money is left over after you've covered the costs associated...
Have you ever wondered how to calculate customer lifetime value? Or what it even is? Above all CLV, as it is often called, measures how much a customer is worth to your business over the course of their relationship with you. Most importantly it considers all of the...