Margin or markup? Pricing your products without losing money
Why a 25% markup is not a 25% margin, how to work out a selling price from your cost, and where GST fits in.
The Billyng Journal · Topic
Pricing, stock and knowing when to reorder.
Why a 25% markup is not a 25% margin, how to work out a selling price from your cost, and where GST fits in.
A simple formula for when to reorder each product — daily sales, supplier lead time and a safety margin — and how to keep it honest.
GST worked out for you, a khata for every customer, and stock that counts itself — even offline.