Every business relies on the maximising of their profits and by understand Gross Profit Margins you will be able to do just that!
On completion of this course you will have the knowledge and the skills to create a Gross Profit Calculator using Microsoft Excel.
Learn how to set your retail prices correctly based on the cost and the Gross Profit Margin will give you the best advantage to make the most profit off of your sales.
This course will enable you to be able to understand what Gross Profit is identify the difference better Gross Profit & Net Profit learn the formulas to calculate Gross Profit Margins.
Create an Excel spread sheet that will enable you to accurately calculate your Gross Profit Margins
Getting your profit margins wrong can be the difference between running a successful business and not.
By doing this course you will become confident in your pricing and be able to identify what products will deliver you the best returns.