Tracking margin means higher profits!
All businesses have one thing in common; revenue make the owner happy! The problem is that revenue goals are meaningless if variable costs are rising without us noticing. Here are 3 ways how tracking your gross margin can lead to higher profits. 1. Revenue goals are meaningless without tracking your gross margin. If your costs are rising, but your prices aren’t, your are eating 100% of added costs! This means that everyone else is making