Hey Fastlaners,
I have been MIA for a minute, finishing up school, getting my company going, making connections. I'll make an update post later, but for now, to the point!
I have two products. One costs $9.75 (a t-shirt) and the other costs $12.50 (a patented product). I am having some problems in my head calculating the finances out for everything and was hoping my fellow entrepreneurs could steer me in the right direction... Here's my questions.
1. What profit margins do you look for?...
What margins and ratios do you use for product sales?
from What margins and ratios do you use for product sales?
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