#FinancialBasics
Ever wondered how much money a business REALLY makes? Today's video is about understanding the basics of evaluating a business’s financials i.e Gross Profit and Gross Margin!
Gross Profit means Money in your Pocket whereas Gross Margin means Efficiency Check. Remember Gross Profit is a dollar amount, Gross Margin is a percentage!
Here is how you calculate:
Gross Profit = Revenue - COGS
Gross Margin = (Gross Profit / Revenue) x 100 %
➡️ Subscribe to learn more!
Disclaimer:
This content is for entertainment and educational purposes only and should not be considered as financial, investment, tax, legal or insurance advice. Any opinions and views expressed in this video by the speaker are based on their own judgment and experience and may not be suitable for all. Any such views and opinions are subject to change without notice.
I am not a registered financial advisor, and nothing in this video should be interpreted as a recommendation to buy or sell any security. Before making any investment decisions, you should conduct your own research and consult with a qualified financial advisor.
Past performance is not necessarily indicative of future results, and investing involves inherent risks, including the possibility of losing your entire investment.
Investing in stocks, options, forex, and other financial instruments involves substantial risks and is not suitable for everyone. The speaker can not be held responsible for any direct, indirect, incidental or consequential losses incurred by applying any of the information provided.