• A Profitability Formula You Need for your Business

  • Feb 18 2024
  • Length: 16 mins
  • Podcast

A Profitability Formula You Need for your Business

  • Summary

  • Revenue formula: The page explains how to calculate the revenue of a business using the formula [ Revenue x Profit Margin %] - Growth /Scale %. Revenue components: The page breaks down the revenue into two parts: labor and overhead and gives examples of each. Profit margin: The page defines the profit margin as the percentage of revenue that remains after the owner’s salary and suggests that it should be shown above the bottom line in the profit and loss statement. Growth/Scale: The page shows how to measure the growth or scale of a business by comparing the current and desired revenue and gives an example of 100% growth. Links: Troupe Enterprises Inc.: Home - Troupe Enterprises Inc. (troupeenterpriseinc.com) Book a Free 15 Min call https://troupeenterpriseinc.com/book-online Book Online - Troupe Enterprises Inc. (troupeenterpriseinc.com) Podia Course:Startup Pioneer's (podia.com) Teachable Course WordPress Blog: All About Nuance – I make How to/Tutorials videos about business systems, mindset, and self-publishing. Helping others build their dream businesses and teaching about the Pitfalls of entrepreneurship. Because I believe I can save you time, money stress, and Aggravation on your entrepreneurial journey. (wordpress.com) https://allaboutnuance.wordpress.com/2023/12/09/unlock-your-financial-freedom-monetize-your-mind/ Facebook: https://www.facebook.com/TroupeEnterprisesInc?mibextid=ZbWKwL Instagram: https://instagram.com/troupeenterprises2023?igshid=MzMyNGUyNmU2YQ== Ticktok: @systemslt Twitter/X: @troupeenterprises2023 Linkedin: https://www.linkedin.com/company/troupe-enterprises-inc/

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