What's a Profit Center - Business Management

Описание к видео What's a Profit Center - Business Management

To properly keep the score of your profitability, you need to have the ability to track the gross profit (GP) for each area of your business in both dollars and as a percentage of profit. GP is the earnings before any labor or taxes are taken out of your sale. This video illustrates how a collision repair shop may want to divide their profitability by departments; however, every business can view their operation as having profit centers.

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