REALITY CHECK: Franchise & Business
Question and answer follow-up to ‘Ep 3: Magic of Contribution Margin’ explores common viewer and listener questions. To get the most from this presentation, it is recommended to have viewed or listened to ‘Ep 3: Magic of Contribution Margin’ first, which discussed how to accurately calculate contribution margin, break-even and profitability, from individual products and promotions to the entire business. TIMESTAMPS: (0:00) Start & Disclaimer! (1:09) Introduction! (1:58) Is Contribution Margin The Same As Gross Profit? (5:01) Can Contribution Margin Be Used At Scale? (5:55) Can Contribution Margin Be Used For Service Businesses? (8:38) Why Did Formulas For Contribution Margin $ Sometimes Change? (11:44) Why Did Formulas For Contribution Margin % Sometimes Change? (14:32) How Do We Compare Product Sales At Different Price Points? (19:09) How Easy Is It To Substitute Sales Figures In Profitability Calculations? (22:31) How Easy Is It To Substitute Sales And Contribution Margin Figures In Profitability Calculations? (27:33) What Sort Of Businesses Is The Break-Even & Profit Calculator Designed For? (29:09) Can We Get The Presentations Out Quicker & What Is The Schedule? (29:48) Wrap-Up & Questions! Check us out at: www.fmssupportservices.com.au Contact us at: info@fmssupportservices.com.au Follow us on Facebook: www.facebook.com/profile.php?id=61562852799935 Follow us on LinkedIn: www.linkedin.com/company/76260689
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