Gross profit is one of the most important financial metrics to keep an eye on in your business. It has a significant impact on the overall profitability of your business and cash flow.
As businesses grow and develop multiple revenue streams, having visibility over gross profit can become difficult. Today, Dave and Stuart discuss why it’s important to focus on your gross profit, how you can start to get visibility of your gross profit, and the benefits of maximising your margin.
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Within the episode, we reference an episode on the Tim Ferris podcast, where he interviews James Dyson. Here is a link to the episode - https://tim.blog/2021/09/02/james-dyson/
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