Cost plus based pricing explained

Cost plus based pricing explained

Nov 27, 2022 | Podcast

      Many businesses use cost based pricing, or cost plus pricing but what is it?  How does it work, what are its advantages and disadvantages When it comes to pricing your goods or services, there are a few popular strategies that business owners...
Understanding gross profit

Understanding gross profit

Oct 30, 2022 | Business planning, Money

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

Explaining gross profit

Oct 30, 2022 | Podcast

    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...