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How to Determine a Business’ Health by its Net Profit Margin

When it comes to figuring out a company’s net profit margin, this calculation gives a business and its financial officers a much better picture of the company’s profitability. Read more

A group of businessmen and business women holding laptops and documents as they work on increasing their profit margins. They have a great CFO

5 Simple Ways to Increase your Profit Margins

By Mckenna Gustafson, blog writer at TOP CFOS

Much has been written about how to increase your profit margins, but it’s a lot easier said than done. Here are a few simple tips that you can start implementing in your business right now to start seeing an increase in your profit margins.

Remember that it is important to increase profit margins directly by directly manipulating the variables that will affect your profit margins. When you improve your variables as the bottom line, you will see the results come through in your profitability.

Here are a few examples:

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