If you calculate your sales margins by subtracting the cost of inventory from your retail sales amounts, you might feel that you have a handle on your true profitability. However, using a simple formula for determining whether a product is profitable for your company doesn't always reveal true profit margins. From factoring in advertising and marketing costs to understanding the human costs of service, you may very well be overlooking many factors when calculating your sales and profit margins. To make sure you have a full picture, consider the following:
Sweeping disruption of the accounting industry is imminent. Massive technological change and shifting consumer.
Cash flow has a major impact on sustainability. Take a look at what happened in the early 2000s with the dot-coms,.