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Increase turnover whilst maintaining margins but without increasing fixed costs, or reduce costs, or increase margins without losing any volume sales, or any combination of the above.
There is always a trade off between volume sales and margins. You need to calculate and compare the range of differences in net profit for low margin and high volume, with high margin and low volume.
What else can I help you with?
What does bottom line mean?
Bottom Line The last line of a company's profit and loss ledger sheet. The bottom line usually refers to the net profit or loss of a company at any given time. The bottom line is a figurative term meaning "the basic information," "the essentials," as in "What's the bottom line of this situation?"
What does bottom mean?
Bottom Line The last line of a company's profit and loss ledger sheet. The bottom line usually refers to the net profit or loss of a company at any given time. The bottom line is a figurative term meaning "the basic information," "the essentials," as in "What's the bottom line of this situation?"
What is top line and bottom line with respect to IT industry?
In simple terms Top Line is Sales and Bottom Line is revenue or profit in IT industry or with respect to any industry.
What is nett profit?
Net Profit is known as the bottom line. It is how much money is earned after all costs of production, expenses, and taxes are removed.
Is profit maximization necessarily the best path to sustainability?
No.. Sustainability requires the adoption of Triple bottom line which includes profit, people and plant.
Why should you hire you as an Asset coodinator?
Because I have the knowledge and experience to see the big picture and increase the bottom line profit. I can also productively train teams to assist with asset protection in order to improve customer service and deter theft.
What is a different way to say revenue growth?
improve your bottom line
What is the Difference entrepreneurial profit and accounting profit?
Accounting profit is simply the bottom line of a business income statement and is an absolute number, whereas an entrepreneurial profit uses the economic concept of opportunity cost. It is the profit that the entrepreneur would have earned if he or she had invested both time and money in some other enterprise.
What is top line vs bottom line?
Both of these terms come from the accounting document known as the income statement, or Profit/Loss account. Top line is the first line of that document, and bottom line is the last line in that document. When companies talk about the need to increase their top line, they are talking about the need to focus on generating/increasing sales. Bottom line efforts are usually aimed toward cost reduction to increase the margin and therefore increase the results.
What is the bottom line on an income statement?
The bottom line of the income statement will either report the net profits or net losses. In regards reports the end result of an economic period of activity for a company or business. The bottom line determines the health of an organizations ability to generate profit - it is only the total revenues minus the expense to generate and reveals if a company is make a profit or it's expenses are too vast to generate profit. It is one of the key followed items and compared frequently in various time period readings either weekly, monthly, quarterly and yearly to view specific changes either negative or positive affects of managing the affairs of business to be self sufficient the secondary next to the bottom line review is the statement of cash flows for monitoring business economic health to how this profit is generated and at what precise intervals.
What does multiple bottom line means?
The multiple bottom line (MBL) concept expands the traditional financial bottom line to include social and environmental performance alongside economic outcomes. It emphasizes that organizations should measure success not only by profit but also by their impact on society and the environment. This holistic approach encourages sustainable practices and responsible decision-making, aligning business goals with broader societal values. Ultimately, MBL promotes a balanced consideration of profit, people, and the planet.
Where did the bottom line come from?
The term "bottom line" originates from accounting and financial statements, where the final line of a profit and loss statement summarizes a company's net income or loss. This line is typically positioned at the bottom of the report, hence the name. Over time, the phrase has evolved to broadly refer to the most important outcome or conclusion in various contexts, emphasizing the essential takeaway from a situation or decision.
