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Learn about break-even point for effective business profitability
AUGUST 16, 2024
One of the important concepts that any business needs to master is the " break-even point ". So what is the break-even point? Why is it so important to the success of a business?
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Net profit and how to optimize efficiency for businesses
AUGUST 16, 2024
Net profit is one of the important indicators to evaluate the business performance of an enterprise. Therefore, enterprises need to carefully strategize to achieve an increasing net profit.
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Top easy-to-succeed business models and effective management methods
AUGUST 15, 2024
Business model is an important basis for the success of a business. Because it helps businesses determine their development strategies and goals.
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13 effective time management skills to help conquer goals
AUGUST 15, 2024
In modern life, time is a valuable asset that everyone wants to make the most of. Time management skills are the key to mastering our lives, achieving high efficiency at work and balancing our...
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What is Gross Profit Margin? How to Calculate It for Business Efficiency
AUGUST 15, 2024
Gross profit margin is a financial indicator commonly used in many businesses around the world. This is the main and important indicator that businesses need to consider to maintain profits in...
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What is customer journey? Steps to build an effective customer journey map
AUGUST 14, 2024
Customer journey is a method to help businesses better understand their customer journey to develop better business strategies to reach users. So what are the steps to build a customer journey map to...
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What is net revenue? How to determine and calculate net revenue
AUGUST 14, 2024
In business, net revenue is one of the important indicators that businesses always pay special attention to. So what is net revenue and how to determine and calculate it accurately?
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Profit and Loss Carryover: Detailed Guide from A to Z
AUGUST 14, 2024
Incorrect profit and loss transfer not only affects business results but also poses many legal risks. To avoid such situations, let's learn more about the concept of profit and loss transfer, how to...
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What is Accounts Receivable Turnover? Formula and Meaning
AUGUST 13, 2024
In business, financial management plays a key role in helping businesses maintain and develop. One of the important indicators to evaluate the effectiveness of financial management is the receivables...
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What is gross profit? Meaning and formula for calculating gross profit
AUGUST 13, 2024
Gross profit , also known as gross profit, is an important financial indicator used to evaluate the business performance of an enterprise. This indicator shows the level of profitability of the...