This helped a lot! Thanks Worked out my LER is 3 😅
@evelynechristie71815 ай бұрын
I read Greg's book. He mentioned in the book that subcontractors are included in the COGS. Direct labor is on a separate line below gross profit. Gross profit minus direct labor is the contribution margin. In your video, you said subcontractors are direct labor. Can you please explain?
@dr.carolineware2 ай бұрын
How is this number different for e-commerce based businesses? Or do you do a different calculation? Thank you so much for your videos. You're a blessing.
@AromaRetail5 ай бұрын
Thank you so much for this video! I ran a manufacturing/retail business, so we do not provide services but products to our customers. Any available advice for me, and this type of business?
@ClaraCFO5 ай бұрын
Have you run this calculation? If your COGS are accounted for properly, this calculation should still be valuable.
@AromaRetail5 ай бұрын
I have, thank you. @@ClaraCFO
@naveenkgeorge20005 ай бұрын
Great Video...Could you please do a video on headcount planning and profit profitability(Software company)