How to Calculate Gross Profit Margin- A Guide For Retailers and SMB Owners
Korona
NOVEMBER 2, 2021
Let’s start by stating the obvious: the goal of any business, no matter its size, is to make a profit. And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . As an example of gross margin, a t-shirt retailer sells a shirt for $100.
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