Latest Business Tip

Monday, May 24, 2010

Not achieving gross profit?

Not achieving your gross profit may be as a result of one or more of the following factors:
  • sell price too low
  • sales volumes too low
  • purchase costs too high
  • incorrect costing
  • poor input controls
  • wasteage
  • theft
  • incorrect stock counts
  • incorrect data recording
Managing your gross profitability is critical to your business.

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