“What would it take to double your profit?” I was talking to Brent, a contractor. We had rearranged his income statement, and his margins were visible for the first time.

“What do you mean?” he asked.

“I mean, based on last year, how much more would you have to sell to double your net profit?”

ADMINISTRATIONMartin HollandMarch 13, 2017BREAKEVEN, VARIABLE COSTS, GROSS PROFIT, FIXED COSTS, NET PROFIT, SALES, MARGINS Comment