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Old 07-29-2010, 10:50 PM
StanWilhite StanWilhite is offline
LawnSite Bronze Member
 
Join Date: Apr 2010
Location: Decatur AL
Posts: 1,789
figuring your profit margin

Good points, just had one additional thing to offer. Marking your expense up 20% is not operating on a 20% profit margin. Your (20%) profit margin would be 20% of your total income, not 120% of your cost. Small difference, but a difference. Good luck to all, Stan
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