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Home Finance Co,

Markups & Gross Profits - simply explained

Markups & Gross Profits - simply explained

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This book is a primer for helping you with understanding the difference between business terms that are associated with pricing that are based upon good business pricing practices.

If you need to have an understanding of the basics in buying and selling goods for a profit, whether you have a ‘helping hands at home’ part time business, or a ‘cottage industry’ arts & crafts operation, I will explain it to you in very simple terms.

Here are the terms that we will be discussing:

1. Cost of goods sold
2. Break-even point
3. Markups
4. Gross profit
5. Discounts

Even if you don’t need to know this information, it would be nice to explain it
to your children or grandchildren in terms they can understand.
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