OPTIMIZING PROFIT IMPROVEMENT POTENTIAL©
As business owners, you are constantly faced with challenges in your business that affects your profitability.
The main factors affecting your profitability consist of the following:
- The price you charge
- The quantity that you sell or volume
- The direct costs you incur to produce your product (i.e., direct costs)
- The costs you incur regardless of whether you make any sales (i.e., fixed or indirect costs)
Clarke, G. (2015). OPTIMIZING PROFIT IMPROVEMENT POTENTIAL©. Acta Hortic. 1085, 161-164
DOI: 10.17660/ActaHortic.2015.1085.26
https://doi.org/10.17660/ActaHortic.2015.1085.26
DOI: 10.17660/ActaHortic.2015.1085.26
https://doi.org/10.17660/ActaHortic.2015.1085.26
English
1085_26
161-164