Markups and margins: Know the difference!

By |2017-05-19T12:03:36+10:00January 14th, 2015|Pricing policy|

As the heading suggests, understanding the difference between Markup and Margin calculations is essential for your business. Markup is the additional amount added to third party costs, to arrive at the total amount charged on to your client. Margin is the difference between the cost and the sale. So, with this is mind: What is [...]