How Do I Calculate Profit Margins to Succeed in Retail?

Pamela asked, how do I calculate profit margins to succeed in retail?
In this video Cathy Donovan Wagner from RETAILMavens breaks down how to calculate profit margins in your retail business, focusing on the concept of cash margin. 📊💰
In this bite sized video we'll explore:
✅ Determining profit margins in retail
✅ Cash margin vs. gross margin
✅ The impact of inventory changes on margin calculations
✅ How cash margin influences cash flow
💡 Whether you're a seasoned retail veteran or a budding entrepreneur, understanding cash margin could be the key to unlocking financial success in your business. Watch now to gain valuable insights and empower your retail journey!
📖 Read the full blog post for even more detailed information:
retailmavens.c...
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Wow amazing