The best way to ensure that your pricing is competitive without pricing products too low for your business to survive is to understand your costs and the profit per piece. Once you can calculate how ...
Profit is the ultimate goal for any business. Business owners selling goods or services use the unit contribution margin to determine the profit per unit. It is calculated as a percentage or dollar ...
The largest size of a product isn’t always the best buy. Compare unit prices. To figure the unit price, divide the price by the number of units. Which costs less per unit? Foods that cost less per ...