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Margin vs Markup. What is the Difference?

Retail Bound

To run a profitable business, a company must sell its products or services at a high-enough price to cover both its variable and fixed costs. Once those dynamics are established, you can analyze price setting through the lens of profit margins and markups. If the business makes more than it spends, it is a net profit.

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KPIs In Retail: 7 Essential Metrics to Level Up Your Retail Game

V Count

Sales per employee Measuring sales per employee is a valuable metric to consider when planning your staff’s schedules and initiatives. net sales/number of employees. This metric can be used when planning your store layout. Improve space planning & store layout. all revenues – all expenses.