Tuesday, April 24, 2012

How To Increase PROFIT

How to Increase Profit Increase Volume or increase Sales Price? If you increase the volume sold you will also increase the cost of good sold. Cost of good sold means: The buying cost of producing the product Operating expenses means: The cost of operating the business to produce the product Therefore increasing volume will require further cash flow. If you increase price there is no further increase in cost of good sold or operating

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