💡 Lesson 4: Financial Foundations - Unlocking the Path to Profitability

In today's session, we explored how understanding your costs is key to achieving profitability and operational efficiency.
We broke down critical concepts like cost-to-serve, direct vs indirect costs, sales margin calculations, and cost-cutting strategies.
💸 Key takeaways:
How to calculate your costs of customer acquisition and break-even analysis.
The importance of reducing operating expenses without compromising quality.
Effective ways to streamline operations and cut unnecessary costs.
Whether you're refining your pricing strategies or looking for creative ways to optimise your costs, this lesson has actionable insights for you to take back to your business.
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