Learn how to maximise on profits and set retail prices. Understand Gross Profit & Net Profit for a better business
What you will learn:
- Be confident at choosing the right products, setting prices and making profits
- Create an Excel spread sheet that will enable you to accurately calculate your Gross Profit Margins
- By doing this course you will become confident in your pricing and be able to identify what products will deliver you the best returns.
- Learning how to set your retail prices correctly based on the cost and the Gross Profit Margin will give you the best advantage to make the most profit off of your sales.
- On completion of this course you will have the knowledge and the skills to create a Gross Profit Calculator using Microsoft Excel.
Description
Every business relies on the maximising of their profits and by understand Gross Profit Margins you will be able to do just that! On completion of this course you will have the knowledge and the skills to create a Gross Profit Calculator using Microsoft Excel. Learn how to set your retail prices correctly based on the cost and the Gross Profit Margin will give you the best advantage to make the most profit off of your sales.
This course will enable you to be able to understand what Gross Profit is identify the difference better Gross Profit & Net Profit learn the formulas to calculate Gross Profit Margins. Create an Excel spread sheet that will enable you to accurately calculate your Gross Profit Margins Getting your profit margins wrong can be the difference between running a successful business and not. By doing this course you will become confident in your pricing and be able to identify what products will deliver you the best returns.
Who this course is for:
- This course for creating and understanding Gross Profit Calculators is for managers and business owners who want to become more confident with pricing and profit margins. It is also for aspiring students looking to learn about the basics of profit margins
- This course will enable you to be able to understand what Gross Profit is identify the difference better Gross Profit & Net Profit learn the formulas to calculate Gross Profit Margins.
- Getting your profit margins wrong can be the difference between running a successful business and not.
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