Markup or Margin: Be Logical
If they tell you the formula to use will make you more profit, that’s baloney. It’s the numbers you use that determines your profit.
If they tell you the formula to use will make you more profit, that’s baloney. It’s the numbers you use that determines your profit.
Are markup and margin interchangeable? Is a 1.55 markup the same as a 55% gross margin?
Yesterday markup – today gross margin. Let's look at using your gross margin to calculate the correct sales price for your work.
There’s a lot of confusion over using markup vs margin to price jobs.
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