What if your business is losing money and you don’t even know it? Your sales numbers may look great, but without tracking operating profit, you could be on a path to financial burnout.
Operating profit goes beyond your sales and gross profit. Understanding your operating profit is about seeing the real picture of your business’s financial health. You might be selling more than ever, but if your operating profit is low, it means your day-to-day expenses are eating away at your potential profits.
In this video, you'll learn:
👉 Operating profit margin - what it is and how to calculate it
👉 A high margin vs. a low margin, and what that implies
👉 How to calculate operating profit and your operating profit margin so you can understand exactly where your business stands
Timestamps:
00:00 Intro
00:53 What is operating profit?
02:11 Operating profit margin
02:45 How to calculate operating profit and operating profit margin
04:58 Understanding operating profit margin
07:42 Final thoughts
08:45 Outro
If you want to take control of your business’s financial future, paying attention to this metric is important in order to measure your business's success and growth over time.
Useful resources that can help you and your business:
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Access your free 7-day trial of your online cash flow and financial planning tool BudgetWhizzⓇ that helps you get to grips with your business finances [ Ссылка ]
Business Finance Coach, Storyteller and Accountant helping ambitious business owners develop and deliver their financial stories worldwide so that you make more money, increase your financial understanding, reduce your stress and anxiety. Author of I Hate Numbers [ Ссылка ]
| Podcast, I Hate Numbers | Ac| Tax|
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