Archive for August, 2021

Profit Margin vs Markup: What's the Difference?

Profit Margin vs Markup: What’s the Difference?

17/08/21

Before talking about margin and markup, let's see the setup of our problem. Let's say that your company produces a good paying a certain amount (that includes the raw materials, the manufacture, shipping, etc.). In order to stay afloat, you need to sell this good for a higher price than the one you spent in the production proce… Read More

Are Your Employees Assets Or Liabilities? That Depends On What You Reward

Are Your Employees Assets Or Liabilities? That Depends On What You Reward

10/08/21

In this type, companies pay their employees for every job they complete. For example, they reimburse them per house built in a house development contract. Your people are your biggest resource and can affect public perception of your brand. For example, as a frequent traveler, I specifically choose Southwest Airlines because of… Read More

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