New answers tagged cost
Price per unit on its own is meaningless - what about all your running costs? You can't even begin to calculate your cost and sale price without factoring in all your static costs including staff costs - if marking something up by 2.5 and selling 100 a week means you don't break even overall regardless of how much you made on each unit relative to its ...
You must never calculate prices from the cost of materials. You must always attempt to, as best possible, calculate prices from the end user's benefit in using the product. Niel Ferguson, a highly successful entrepreneur, has written a really excellent free ebook called "Don’t just roll the dice: a usefully short guide to software pricing". I highly ...
You may want to consider using Outright, a cloud-based accounting service. It will eliminate the spreadsheet and categorize your income & expenses.
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