Why Good Pitches Beat Good Ideas in Business
Given a choice between a great idea and a great pitch, most of us would say we want the great idea. That is the right instinct. But in practice, it...
Ever feel like pricing is more art than science? You're not alone. In this episode of Kaizen Time, we break down one of the most common financial mix-ups: markup vs. profit margin. These two terms might seem interchangeable, but they serve very different purposes.
Markup helps you set a baseline price—so you’re not selling yourself short. Profit margin, on the other hand, reveals how much of your revenue actually turns into profit. Understanding both is crucial for pricing smarter, protecting your bottom line, and scaling your business.
By the end of this episode, you'll have a crystal-clear grasp of how to use markup and margin together to drive stronger profits and smarter decisions. Let’s turn your pricing strategy into a competitive advantage.
Is there a question you want answered? Send us an email at bsb@kaizencpas.com
Given a choice between a great idea and a great pitch, most of us would say we want the great idea. That is the right instinct. But in practice, it...
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Choosing the right business structure sounds simple until you’re the one making the call. You hear “you should be an S corp,” but no one really...