Business Finance How to find 20% profit? January 30, 2026 by pups | Leave a Comment To find a 20% profit margin, focus on increasing revenue while efficiently managing costs. Understanding key financial metrics like gross profit, operating profit, and net profit margins is crucial for achieving your target. By strategically adjusting pricing, reducing expenses, and optimizing operations, you can improve your profit margin and reach your financial goals. How to […] Read more »
Business Finance What is the ABC technique? January 30, 2026 by pups | Leave a Comment The ABC (Activity-Based Costing) technique is a method used in managerial accounting to determine the cost of specific activities and allocate costs to products or services based on the resources they consume. It identifies activities that drive costs, estimates the costs driven by each activity, and states them as averages per unit of activity. This […] Read more »
Business Finance What is the #1 most profitable business? January 30, 2026 by pups | Leave a Comment The most profitable business isn’t a one-size-fits-all answer, as profitability depends on various factors like investment, market conditions, and your skill set. However, focusing on high-profit margin businesses and understanding key financial metrics can guide you. Businesses with high profit margins, where the difference between the cost of production and the selling price is substantial, […] Read more »