Gross Margin & Gross Profit Having Your Confused? If you have been wondering what the difference is between gross profit and gross margin then let’s take a look at why so many people get confused by these two terms. We will look at how to calculate the gross margin and the gross profit on both the business’s total sales as well as each product or service.

Gross Margin and Gross Profit do not need to be difficult as they are both easy to figure out. All you need are the sales and costs of goods sold.

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WANT TO DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS?
👉 Grab Your Free Know Your Business Numbers Reference Guide: [ Ссылка ]
👉 Check Out the AFFORDABLE - Know Your Business Numbers Course [ Ссылка ]

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WANT MORE? HERE ARE SOME OTHER VIDEOS TO HELP…
👉 Pricing Your Products Correctly – [ Ссылка ]
👉 Pricing Your Services Correctly - [ Ссылка ]
👉 How to Read a Profit & Loss Statement - [ Ссылка ]

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PLAYLISTS TO CHECK OUT:
👉 Learn How to Read Your Profit & Loss Income Statement: [ Ссылка ]
👉 PLAYLIST: Pricing Your Products & Services [ Ссылка ]
👉 PLAYLIST: Learning Your Business Numbers Better: [ Ссылка ]

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FREE GUIDES / TOOLS
👉 FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business - [ Ссылка ]
👉 FREE eGuide: How to Read a Profit & Loss Statement - [ Ссылка ]
👉 FREE Start Up Guide for Starting a Business - [ Ссылка ]
👉 Free Business Health Check: [ Ссылка ]
👉 Free eBook: 10 Questions to Ask in Your Business [ Ссылка ]

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Books I Recommend to All Small Business Owners – 5 Must Reads
👉 Profit First by Mike Michalowicz – [ Ссылка ]
👉 eMyth Revisited by Michael Gurber - [ Ссылка ]
👉 Building a Storybrand by Donald Miller - [ Ссылка ]
👉 The ONE Thing by Gary Keller & Jay Papasan - [ Ссылка ]
👉 The 12 Week Year - Brian Moran & Michael Lennington - [ Ссылка ]

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COURSES to HELP YOU
👉 Understanding Your Business Numbers - [ Ссылка ]
👉 Start a Local Small Business – [ Ссылка ]
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TOOLS TO HELP YOU RUN A BETTER BUSINESS

👉 Housecall Pro: [ Ссылка ] - Straightforward software for home service pros. Work simpler and grow smarter with Housecall Pro. Easily manage payments, link to Quickbooks, scheduling, dispatching, and more--all from one, convenient platform. Easy to Learn. Want more efficiency in your business? (not gonna lie – affiliate link) 😊 But I do believe in it’s ability to help your business!

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MORE:
👉 Check Out the Website: [ Ссылка ]
👉 Listen to the Badass Business Owner Podcast
👉 Want to Help Support the Channel? Click the Super Thanks! 
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👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.

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Local Small Business Owners are the Backbone of All of Our Communities!


WHO IS THIS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, appliance repair, dog walkers, insurance, pet business owners, cake makers & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money & know their business numbers better!


#BABOLearning #KnowYourBusinessNumbers #SmallBusinessOwner

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