Lesson 7: The Three Important Margins

Your customer’s favorite pie is MONEY! How can your offering help the customer keep more pie?

 

You’ve learned about ‘GON’, that’s where your money goes! So, you won’t forget the three levels of profit on a manufacturer’s income statement. This video lesson takes the three levels one step further, teaching you the important calculations behind margins every manufacture is trying to improve. How much of the customer pie can you help save?  Manufacturers watch these margins like a hawk. Public firms see their top management teams “dance” on quarterly earnings calls if any of these margins go down! And because I helped raise four kids and am not a big percent guy.  Because you can’t spend percentages at the grocery store. I show you how to turn percentages into making cents inside this video lesson.

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Lesson 6: The Income Statement and Financial Costs

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Lesson 8: Improving the Manufacturer's Income Statement through Cost Reduction