By Cruz at July 30 2019 11:41:57
Writing business plan sample for angel investors mobile food ruck small. How to write small business plan sections and writing tips or dummies template word do i. Writing business plan how to write step by porsud developing for nonprofit example of food. How to write business plan for loan officer do i template sample angel investors restaurant writing. Camponotes com business plan writing guide for sba loan sample angel investors how to.
So, thinking about this principle, let me ask you a question. If your sales grew 10% and nothing else changed, would your profit margin be higher, the same, or less? Profit margin is % of profit against sales. If you said the profit margin would be higher, then you are right. Why would your profit be higher? If you said because of the fixed expenses, you would be right. Your material cost, labor cost, and variable expenses would have gone up 10% but your fixed expenses would have remained the same. You brought in more revenue because of more sales and you spent 10 % more on material, labor, and variable expense to cover the extra sales, but you didn't spend any more on your fixed expenses. So, less overall expenses, would give you higher profit margin. Make sense?