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GM Dollars vs GM Percent

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Gross Margin Dollars vs Gross Margin Percent

 

 

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Gross Margin Dollars vs Gross Margin Percent

Episode 277 – The Local Small Business Coach Podcast 

Gross Margin Dollars vs Gross Margin Percent

 

A question I get asked is, “Is it better to push for gross dollars or gross margin?”

 

In typical coaching speak, it depends. LOL

 

There is a time and place for both. There are some large companies that are extremely successful using the gross dollar approach and others using the gross margin approach.

 

They key is knowing both numbers so that you can make the best decision for your bottom line. Without the right amount of gross margin, with dollars or percentage, you will not have a chance to hit your bottom-line profit goal!

 

Listen below.

Tammy

 

 

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Don’t forget to shoot me an email on any topic or question you would love for me to cover in an upcoming episode of the show. Just send your ideas to tammy@localsmallbusinesscoach.com.

 


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