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Revenue, Costs, and Profit: The Foundation of Business When running a business, understanding how money flows is crucial. The three essential elements are: Revenue: The total income from selling goods or services. Costs: Expenses incurred to operate

Reliance Jio has introduced its New Year Welcome Plan, offering 200 days of unlimited 5G, voice, SMS, and 500 GB of 4G data (2.5GB/day) for ₹2025. The plan is slightly more expensive per day compared to the older annual plan but includes benefits lik

I created this gift myself and want to sell it on Instagram, but the problem is that advertising is too expensive. When I decided to sell it on Instagram, I estimated the costs as follows: Advertising cost per sale: ₹25 Packing cost: ₹25 Delivery

💰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 #

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

Why Banks are preferring UPI for ATM cash withdrawal instead of traditional Cards No Physical Card Production: Issuing debit cards costs banks money (around Rs 150-200 per card for production, shipping, and activation). UPI eliminates this by workin

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

Transforming Agricultural Energy with Sustainable Solutions Problem: Farmers in rural India spend ₹1,000 per day on diesel-powered irrigation, increasing their operational costs. Despite abundant crop stubble, its disposal remains a challenge, often

It sounds like you have an interesting idea for a competition tournament app, where users pay an entry fee to participate, and prizes are awarded based on rankings. To attract investors, you'll need to clearly communicate key aspects of your idea. He

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