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- Start by coming up with a sales revenue target. Make it your best estimate.
- Based on past experience, estimate your cost of goods sold (e.g., 70 percent of sales) and subtract it from the sales revenue to come up with your estimated gross margin.
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- Start by coming up with a sales revenue target. Make it your best estimate.
- Based on past experience, estimate your cost of goods sold (e.g., 70 percent of sales) and subtract it from the sales revenue to come up with your estimated gross margin.
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With the above posts, I know you are on experienced business person..
Because many business owners are not even aware of that.. seriously..
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