For the profitability of your business, price markup and profit margin are two calculations you should know cold. Adding a profit margin to the cost you pay for goods for resale is what makes your ...

Most companies mark up their products or services to determine the selling price. The markup acts as an internal indicator that the company sells its product or service at a higher price than it cost.

Confusion frequently surrounds the meaning of gross margin and markup, probably because they are two different ways of expressing the same thing. Both measure the difference between the price that you ...

QUESTION: I’m working on pricing for the products I sell. I’m getting confused about the difference between gross margin and markup. Would you please explain this? Also, if I know the gross margin I ...