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Imporant metric for Start-ups - Break Even Units Suppose we are a shoe brand and we want to calculate our units to be sold for break even (No profit No Loss) Fixed Cost - 4,00,000 Selling Price per Unit - 1200 Variable Cost per Unit - 800 Contributi

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

How do companies calculate software running costs for a project ? Is ther a standard method/procedure followed to estimate the cost ? How can we calculate per user cost?

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

Should I make an app for selling street dogs, branded dogs, cows, birds and other animals at an affordable price with proper logistics. Anyone want to make it with me?

Profitability Metrics These are the stages of profitability every founder should be familiar with (Refer the table below) In the beginning, Start with Contribution margin (CM)- measure if your revenue covers variable costs. Next, target transacti

What are your thoughts of doing lab grown saffron farming? It's worth it but making of lab cost aproxx 10L and selling price in 1 year 8L to 10L (approx).

Gross margin is crucial for startups - but what is it exactly? ( Let's Discuss How You Consider Gross Margin ) Gross margin represents the percentage of revenue left after paying for direct costs associated with producing goods or services. It's ca

Elon Musk Has something called *Idiot Index* at spaceX! Its very simple thing. It calculates the ratio between Price Of Part and Cost of Raw Material used in that part. Like if a part cost $1000, and it takes raw material worth $100 to make it, the

Indian farms lack affordable automatic irrigation. They use manual gate valves which are inefficient. (Image of Old valve) You propose a solution using solenoid valves, GSM control and solar power for remote control. The market is huge (215M hectares