Knowing the profitability of you business is critical. As a new business you need to be able to test out your business model and understand what you can earn. Even if it's feasible to earn enough.
As an existing or growing business you need to know if you're going to hit those targets you've set, what's needed to do so and how. Or what entering new markets might bring your business in additional profits.
The only way is to understand these things is to understand profit in your business.
This week on Live with the Pricing Lady we took a look at the 4 things you need to know to understand profit in your business.
Enjoy!
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