Difference between revisions of "Determine Your Profit Margin"
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− | + | A business' profit margin is a key piece of information about whether or not the business is producing income, and if so, how much. You’ll need to monitor your business' profit margin to create a good business plan, keep track of your costs, adjust your prices, and measure the profitability of your business is over time. Your profit margin is expressed as a percentage: the higher the percentage, the more profitable your business is. | |
[[Category:Accounting and Regulations]] | [[Category:Accounting and Regulations]] | ||