27 Sep 2018, 14:43 — 1 min read
Definition: The margin is the profit gained from a product or service after all expenses for selling that product or service are covered. A negative margin i.e. cost of good sold exceeding total revenue results in a loss. It is typically measured in percentage basis.
Example: The fast food retailer settled on a model of business growth with low margins while making a play on higher volumes.
Business Insight: Gross profit margin measures the difference in a company's revenues and its cost of goods sold.
Posted byGlobalLinker Staff
We are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
24 Oct 2021, 14:51
22 Oct 2021, 14:35
1 Oct 2021, 17:56