If you're running a business, it's important to understand what gross profit margin is and how to calculate it. This figure tells you how much money your business is making after accounting for the costs of goods sold.
A good customer retention rate is essential to your small business. The more one-off customers you can convert into long-term patrons, the more profitable your business will be.
Digitising your small business comes with an array of lucrative benefits that can boost your bottom line and accelerate the growth of your company.
Your small business may be turning over a decent sum of money, but how much of it do you actually get to keep?
