Comments for Cash Flow Management For Small Business http://cashflowmanagementblog.com Real world cash flow tips Tue, 10 Apr 2012 06:43:34 +0000 hourly 1 http://wordpress.org/?v=3.3.2 Comment on Causes of Low Gross Margins by Sachin http://cashflowmanagementblog.com/2009/11/02/causes-of-low-gross-margins/#comment-4457 Sachin Tue, 10 Apr 2012 06:43:34 +0000 http://cashflowmanagementblog.com/?p=119#comment-4457 Very informative and helpful. Thanks. Very informative and helpful. Thanks.

]]> Comment on The Open to Buy Book 2: Multiply gross margin by Turnover for a money making equation. by Skip http://cashflowmanagementblog.com/2011/02/16/the-open-to-buy-book-2-a-power-tool-in-the-small-business-tool-box/#comment-4023 Skip Thu, 02 Feb 2012 16:59:00 +0000 http://cashflowmanagementblog.com/?p=238#comment-4023 Hey Daniel, You are totally right. I must have been thinking about the inverse. Thanks for catching that. Hey Daniel,
You are totally right. I must have been thinking about the inverse. Thanks for catching that.

]]> Comment on The Open to Buy Book 2: Multiply gross margin by Turnover for a money making equation. by Daniel http://cashflowmanagementblog.com/2011/02/16/the-open-to-buy-book-2-a-power-tool-in-the-small-business-tool-box/#comment-4016 Daniel Wed, 01 Feb 2012 19:21:35 +0000 http://cashflowmanagementblog.com/?p=238#comment-4016 "Calculate your gross margin percentage by dividing the cost of the item by the retail price multiplied by 100" Is that right?? That means the lower your retail price the higher your gross margin percentage. Surely if you bought something for $50 and managed to sell it for $90 you divide the margin amount ($40) by the sale price ($90) to get 0.44 and times that by 100 to get 44% “Calculate your gross margin percentage by dividing the cost of the item by the retail price multiplied by 100″

Is that right?? That means the lower your retail price the higher your gross margin percentage.

Surely if you bought something for $50 and managed to sell it for $90 you divide the margin amount ($40) by the sale price ($90) to get 0.44 and times that by 100 to get 44%

]]> Comment on The Open to Buy Book 2: Multiply gross margin by Turnover for a money making equation. by Skip http://cashflowmanagementblog.com/2011/02/16/the-open-to-buy-book-2-a-power-tool-in-the-small-business-tool-box/#comment-1788 Skip Thu, 26 May 2011 19:44:03 +0000 http://cashflowmanagementblog.com/?p=238#comment-1788 Hi Kathleen, Thanks for the suggestion, it's a great idea. I will definitely add it the documents. Hi Kathleen,
Thanks for the suggestion, it’s a great idea. I will definitely add it the documents.

]]> Comment on The Open to Buy Book 2: Multiply gross margin by Turnover for a money making equation. by Kathleen http://cashflowmanagementblog.com/2011/02/16/the-open-to-buy-book-2-a-power-tool-in-the-small-business-tool-box/#comment-1787 Kathleen Thu, 26 May 2011 18:30:01 +0000 http://cashflowmanagementblog.com/?p=238#comment-1787 eek, I wonder if I was not clear. I mean to include your site url in the footer or header of the document itself. Sorry for the duplicate posting. eek, I wonder if I was not clear. I mean to include your site url in the footer or header of the document itself. Sorry for the duplicate posting.

]]> Comment on The Open to Buy Book 2: Multiply gross margin by Turnover for a money making equation. by Kathleen http://cashflowmanagementblog.com/2011/02/16/the-open-to-buy-book-2-a-power-tool-in-the-small-business-tool-box/#comment-1786 Kathleen Thu, 26 May 2011 18:28:25 +0000 http://cashflowmanagementblog.com/?p=238#comment-1786 I have a suggestion. On any collateral (pdfs, spreadsheets, mind maps etc) you create for download, please include the url of the entry it came from (or from the main page with a working title of the entry because you don't always have a direct url while in the writing stage). Other than that it is good to maintain authorship of your work, it will help readers to return to your site later. Which they may want to do but forget where they got the document. Just so I'm clear on this, I haven't been doing this either but only noticed it just now, so I will certainly start. This is a great site. I'll pass the word along about it. I have a suggestion. On any collateral (pdfs, spreadsheets, mind maps etc) you create for download, please include the url of the entry it came from (or from the main page with a working title of the entry because you don’t always have a direct url while in the writing stage). Other than that it is good to maintain authorship of your work, it will help readers to return to your site later. Which they may want to do but forget where they got the document.

Just so I’m clear on this, I haven’t been doing this either but only noticed it just now, so I will certainly start.

This is a great site. I’ll pass the word along about it.

]]> Comment on In The Critical Number Playground, Everyone Plays by business printing online http://cashflowmanagementblog.com/2010/04/27/the-critical-number-playground-everyone-plays/#comment-1536 business printing online Thu, 31 Mar 2011 21:56:28 +0000 http://cashflowmanagementblog.com/?p=162#comment-1536 Appreciating the time and effort you put into your website and in depth information you provide. It's nice to come across a blog every once in a while that isn't the same out of date rehashed information. Wonderful read! I've saved your site and I'm including your RSS feeds to my Google account. Appreciating the time and effort you put into your website and in depth information you provide. It’s nice to come across a blog every once in a while that isn’t the same out of date rehashed information. Wonderful read! I’ve saved your site and I’m including your RSS feeds to my Google account.

]]> Comment on Gross Margin – Does It Get Its Share of Attention? by KC Truby http://cashflowmanagementblog.com/2010/07/22/gross-margin-%e2%80%93-does-it-get-its-share-of-attention/#comment-1377 KC Truby Fri, 18 Feb 2011 12:12:22 +0000 http://cashflowmanagementblog.com/?p=188#comment-1377 The best cash flow builder I know of is to cut cost by moving fixed overhead to variable overhead by embracing the virtual business concept. Most of us can’t move all our overhead to ‘variable’ but it’s amazing how many things we wish we had time for like client birthday cards or scraping prospect list from the web can be done by work at home or offshore staff at very low cost. If you go to www.kctruby.com he provides a weekly 5 minute video on how he runs 65 people from his home office. The best cash flow builder I know of is to cut cost by moving fixed overhead to variable overhead by embracing the virtual business concept. Most of us can’t move all our overhead to ‘variable’ but it’s amazing how many things we wish we had time for like client birthday cards or scraping prospect list from the web can be done by work at home or offshore staff at very low cost. If you go to http://www.kctruby.com he provides a weekly 5 minute video on how he runs 65 people from his home office.

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