The best way to ensure that your pricing is competitive without pricing products too low for your business to survive is to understand your costs and the profit per piece. Once you can calculate how ...
Profit is the ultimate goal for any business. Business owners selling goods or services use the unit contribution margin to determine the profit per unit. It is calculated as a percentage or dollar ...
Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Q. Can you show me how ...
In accounting and business, the breakeven point (BEP) is the production level at which total revenues equal total expenses.
Even the most promising product can fail if its unit economics are off. Of course, all founders can make their own mistakes, but some missteps are more frequent — and dangerous — than others.
Do you have a mobile application but still cannot monetise it properly? Puzzled over what else to do to make your app earn? If you never ever calculated your unit economics, now is the perfect time to ...