What Is Margin? | Margin For Businesses Explained | nextAdvisory.nz

What Is Margin?

What Is Margin?

What Is Margin?

It is something that business owners often get confused. Especially when mistaking it for mark up.

Margin is the difference between the selling price and the cost price.

If we took a shirt that cost $100 to mate and sold it for $125, our margin is only 20%. ($25 divided by $125).

Understand more about margin in our video above.

 

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