The Australian Small Business Blog

Tuesday, November 07, 2017

The Mathematics of Profit

For many people, math is hard, but I promise this post won’t be! (Perhaps I should have changed the title of this post?) Really the mathematics of profit are pretty simple. Where confusion occurs is treating turnover as a surrogate for profit.

Just focusing on Gross Profit, which includes ALL your variable Cost of Goods Sold, including labour, there is a pretty simple equation. More...

May Your Business this Year be - As You Plan It.

Subscribe to this Blog to be notified about more Small Business news and tips as soon as they are posted.

Share this article: The Mathematics of Profit

Over to You. What do You Think? Post Your Comments Below. [Note to those seeking a free ride on our google ranking, blog spam will be deleted, but genuine contributions will be happily approved.]

Dr Greg Chapman is the Director of Empower Business Solutions and is Australia's Lea ding Advisor on Emerging Businesses and provides Coaching and Consulting advice to Australian Small Business Owners in Marketing & Business Strategies Planning & Systems. He is also the author of The Five Pillars of Guaranteed Business Success and Price: How You Can Charge More Without Losing Sales.

Promote Your Business on our Facebook Fan Page


No comments :


Awarded Top 100 Small Business Blog

Award from Feedspot, the international RSS blog syndicator.

Featured Book

Dr. Greg Chapman is also the author of
The 5 Pillars of Guaranteed Business Success

The Five Pillars of Guaranteed Business Success




Goggle Plus

Atom Feed