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The ABCs of Entrepreneurship and Business As an entrepreneur or business professional, it's important to have a solid understanding of key terms and concepts. Here are some essential terms you should know: 1. Profit Margin: - Formula: Profit Margi
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๐ฐLearn Start-up Maths โ( Concept - 2 )๐ ๐ฑ All details about โ COST โ Whenever someone asks you about the cost just tell him that โ Cost the amount of money that a business spends on the creation of something โ โข There are many types of cost #
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WTF is CAC (Customer Acquisition Cost)โ๐ค๐ Let me explain this, Customer Acquisition Cost (CAC) is a key business metric that represents the total cost of acquiring a new customer. So, This includes all the costs associated with sales and marketing
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Day 4 Business Terms Contribution Margin โ The Profit Clue Most Businesses Ignore Most founders talk about revenue and profitโฆ but ignore what really drives profitability: Contribution Margin. What is it? Contribution Margin = Revenue โ Variable C
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