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Wth is CM1, CM2???? CM - Contribution Margin Contribution margin is the selling price per unit minus the variable cost per unit. CM1 = Contribution margin one= selling price- material costs - logistics costs. CM2= Contribution margin two= sellin

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

Have you ever thought of this ? When you learn to drive, you are quite anxious at start how to control your steering, break, clutch and accelerator. In first few weeks your steering is often gets controlled by others, similarly while starting a busin

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

This image shows Google's Q3 2023 earnings, with $76.7 billion in revenue. Key contributors are search, YouTube, Google Play, and Google Cloud, with ad revenue being the largest at $59.6 billion. Google’s net profit is $19.7 billion (26% margin), whi

EPFO (employees have control over their data) If the login credentials are compromised, employee data can be accessed by anyone. It is essential for the employees to have control to their data. Only the employees should be allowed to enter their dat

What are your toughts on this? Lets discuss. Coffee's getting really popular, and Zerodha founders Nikhil Kamath and Nithin Kamath are getting more into it. They own a bit of Third Wave Coffee and just bought a big chunk of Subko Coffee. If we loo

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

Day 10 About Basic Finance and Accounting Concepts Here's Some New Concepts 3. Contingent Liabilities Contingent liabilities are potential obligations that may arise depending on the outcome of a future event. These liabilities are not always guar

The Hidden Costs of Scaling: What Startups Often Overlook Hey everyone, Let’s chat about scaling. We often get excited about expanding our startups—new customers, new products, and more revenue. But, scaling isn’t just about the big wins; there are