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YouTube • 1y
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 Margin = (Net Profit / Revenue) × 100 - The percentage of revenue that a business retains as profit after expenses. 2. Break-Even Point: - Formula: BEP = Fixed Costs / (Selling Price per Unit - Variable Cost per Unit) - The level of sales/production where total revenue equals total costs. 3. Return on Investment (ROI): - Formula: ROI = (Gain from Investment - Cost of Investment) / Cost of Investment × 100 - The percentage of return on a particular investment. 4. Startup Costs: Expenses incurred when starting a new business, like legal fees, permits, inventory, etc. 5. Operating Expenses: Ongoing costs of running a business, like rent, utilities, marketing. 6. Cash Flow: The net amount of cash moving in and out of a business.
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The Institute of Chartered Accountants of India • 1m
How to Calculate Product Cost, Set Profit & Selling Price - Using a Cost Sheet 🤔 Ever wondered how businesses actually price their products? It all starts with one simple but powerful tool: the Cost Sheet. 🚀🔥 Here’s how it helps: 1️⃣ Calculate
See MoreCHAIRMAN - BITEX IND... • 5m
💰Learn Start-up Maths —( Concept - 2 )📊 💱 All details about “ COST ” Whenever someone asks you about the cost just tell him that “ Cost the amount of money that a business spends on the creation of something ” • There are many types of cost #
See MoreKeen Learner and Exp... • 3m
Complicated Business Terms Simplified PART: 1 ROI (Return on Investment): How much profit or value an investment generates compared to its cost. TAM (Total Addressable Market): The total demand for a product/service globally, assuming no competiti
See MoreExperimenting On lea... • 1y
WTF is CAC (Customer Acquisition Cost)❓🤔👀 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
See MoreDirector & CEO @ Exc... • 1m
Mastering Unit Economics Unit economics isn’t just a metric—it’s your startup’s financial DNA. It reveals whether each customer adds value or drains cash. Here’s how to build your unit economics from scratch: 1. Define Your Economic Unit What drives
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