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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

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

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

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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🎯 Top 130 Most Consumed Financial Terms In Business or Startup World 🌍 ( PART - 1 ) 1. EBITDA 2. ROI 3. Revenue 4. Profit Margin 5. Cash Flow 6. Net Income 7. Gross Profit 8. Operating Expenses 9. Balance Sheet 10. Income State

🚀 Demystifying Marketing Part 8: Leveraging Data and Analytics Previously, we covered the significance of maintaining Consistency and Frequency in your marketing efforts. Today, we move on to our final key point: Leveraging Data and Analytics. 8.

Musk’s favorite thinking framework: First-principles thinking. Sadly, few people understand how it works & how important it is. Here's a 2-minute breakdown that will make you a genius thinker: Elon Musk’s favorite way of thinking is first-princip

📖 DAILY BOOK SUMMARIES 📖 🚀 12 Lessons from 👉 🔥 Essentials Of Economics 🔥 ✨ By N - Gregory Mankiw ✨ 1. Ten Principles of Economics Mankiw starts by introducing the ten basic principles that form the foundation of economic thinking • Peo

𝗧𝗼𝗽 𝟭𝟬 𝗠𝗶𝘀𝘁𝗮𝗸𝗲𝘀 𝗡𝗼𝗻-𝗧𝗲𝗰𝗵 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗠𝗮𝗸𝗲 𝗶𝗻 𝗠𝗩𝗣 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 . 𝟭. 🔍 𝗢𝘃𝗲𝗿𝗰𝗼𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗠𝗩𝗣 Trying to build a fully-featured product from the start. 𝗜𝗺𝗽𝗮𝗰𝘁: Increases develop