The DIFFERENCE between Markup and Profit

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Markup is DIFFERENT than PROFIT! Just because you're marking up your products by 90%, 80%, or 70%, that doesn't mean you're making that amount in PROFIT. You still have to do the math required to figure out how much you have to mark up your products in order to see your DESIRED PROFIT! It's the only way to figure it out sis!
#shorts #businessadvice #womeninbusiness #femaleentrepreneur #bakery #baker #businessowner
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Cheer~~~the amount added to the cost price of goods to cover overhead and profit.😊

Jason-os
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I have 25% mark up..what is my margin?how to calculate?thanks

kapadyakabikersUK