Access this free video today: Managing your Prices: Lessons from the Convenience Store.
In this simple video, you will learn small business retail mathematical tools. They will help you plan and provide for the needs of your business.
- Learn the difference between margin and markup.
- Learn break-even analysis.
- Learn how to calculate your budget each month, setting accurate sales goals that cover all of your costs and desired profit.
- Learn basic accounting language.
- Learn basic financial ratios.
- Learn how to calculate prices accurately.
By watching the video toward the end, you will learn how to correctly set prices. Novice business owners can get this wrong, resulting in big losses…all because of a simple math error. This video will put the right tools in your hands.