Jump to Resources for the margin calculator. You know the margin has to cover a lot more than you and your employee’s salaries. Everything your business does, all the money it spends, from utilities to credit card processing, comes from that sliver of income. It’s vital to understand exactly what your costs and expenses are […]
When you’re selling products and services, the way to make money looks straightforward — Sell the item for more than you paid for it and pocket the difference. That difference, the “margin”, is what you rely on to stay in business.