Episode 56 | Marginal Differences – Holding the Line on Gross Profit

Welcome back to our Elevate Weekly Video Series.

 

In the last episode, we looked at seven key factors for getting the best out your family business and keeping it on track for sustainable growth. If you missed this, I’ve included the link for you here.

 

Gross profit is something that every business owner needs to have a working knowledge of, it is critical to good business management.

 

That’s why today there’s two things that I want to be able to cover off on – the first is how to accurately allocate costs. The second is to show how drilling down on your gross margin enables you to manage your business profitability in a methodical way.


Check out this week’s video to find out more. As always, if you have any questions please don’t hesitate to reach out to me.

 

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