Markup vs. Margin - Common MISTAKE | Difference explained for Beginners

What is the difference Between Markup Vs Margin?

Profit Margin versus Profit Markup, is a distinction that is often misunderstood by small business owners, sales people or finance students. In this video I am showing you how to calculate the difference between markup and profit margin.

Margin is Profit divided by Revenue/Selling Price, and #markup is Profit divided by Cost Price.

========================================================================

FOR MORE BUSINESS TIPS, SUBSCRIBE TO MY CHANNEL:
   / @nishamenonbusinesstalks  

Become a member of our Facebook Group (INDIA-UK IMPORTERS HUB):
  / 1856407194403544  
--------------------------------------------------------------------------------------------------------------------------------
ABOUT NISHA MENON:

Nisha Menon reveals her tools, tips & strategies for a smoother road to success. This channel aims to help you build your own business from scratch, using the experience, lessons and pitfalls Nisha has learnt in her 12 years of entrepreneurial life.

Nisha is the Director of NIKASU Foods & founder of JACK & CHILL. NIKASU is a family run business with 2 factories based in India manufacturing Frozen food for over 25 years. She has been managing the UK office since 2008.

She
1) Has been featured in FEMINA magazine & Empowered Magazine.
2) Has contributed to TELEGRAPH newspaper articles
3) Has written review on BBC Dragon's Den episode
4) Was nominated to attend the FORTUNE Most Powerful Women summit in London
5) Was shortlisted 3 times in Croydon Business Awards
5) Gives talks at food exhibitions & seminars
6) Mentors university students & aspiring entrepreneurs

----------------------------------------------------------------------------------------------------------------------------------------
DISCLAIMER: Any information given on this channel and the videos are for educational/information purposes only.
This description may contain affiliate links to products, I have personally found useful. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support!

#nishamenon #margins #markup #profit