Business Budgeting Software Guide: Budgeting Software for Small to Enterprise Business
Snyder
DECEMBER 21, 2022
Profit margin analysis. Understanding your gross profit margin is essential when creating your budget. To calculate your gross profit margin, you need to subtract the cost of goods sold (COGS) from the net sales (which is gross revenues minus returns, allowances, and discounts) and divide the result by the net sales.
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