Understanding Profit Margins for Retailers

High sales don't always mean high profits. You need to keep a close eye on your margins.

Gross Margin

The difference between the selling price and the purchase price. NammaBill calculates this automatically for every product.

Net Margin

Gross margin minus operating expenses (rent, salaries, electricity). Use the Expense tracker to get this figure.

Focus on selling high-margin products to boost your bottom line.

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