Start with the basics
The Numbers Table
Get comfortable with the numbers, one small decision at a time.
First activity · Gross profit
Understanding
gross profit
No timer.
- What belongs?
- What’s left?
- Which keeps more?
- What would change it?
- Move the numbers
- Compare businesses
- Make a decision
Gross profit is what remains from sales after subtracting the cost of buying or making what you sold. It still needs to cover the other expenses of running the business.
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