Sunday, June 3, 2018

Gross Profit Margin #screenprinting #profit #margin #promos


Your gross profit margin is your company's pulse. Do you know how to calculate it? 

The formula for gross margin is:
Gross Margin = (Gross Sales Revenue – Cost of Goods Sold) ÷ Gross Sales Revenue
Gross Sales Revenue = total money collected from sales
Cost of Goods Sold = total materials and manufacturing labor costs
Simply stated, the gross margin is the difference between the cost to produce something and its selling price, divided by the product’s price, expressed as a percentage. For example, if you sell something for $1 and it costs $0.40 to produce, the gross margin for that product is 60 percent: ($1 – $0.40) ÷ $1 = 0.60 or 60 percent.

The industry average is 33% for contract shops, for others around 40 - 50%.
Email us for more info -
Maude and Dan, info@embroidme-catonsville.com

Monday, April 30, 2018

Spring Promo Specials #Quality #Logo #Products

#Quality #Logo #Products

www.embroidme-catonsville.com
410-744-6974
#Spring #Deals #Advertising #Specialties

About Me

My photo

Hello,
I enjoy being creative, helping people, gardening, love animals. Please visit my blog http://baltimorepromos.blogspot.com/! Come visit our store Embroidme Catonsville. I look forward to getting together with you.