Posts Tagged ‘profitability’
By Ellen O’Hara We’ve been busy working through lots of financial health checks with the makers here at Cockpit this month. So we’ve been having lost of discussions around net profit and the net profit margin. This ratio looks at net profit as a percentage of turnover. Net profit is calculated by subtracting all business expenses […]
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Tags: Finances, financial health check, net profit, profit, profitability, sales target
By Ellen O’Hara In the first post of this series we looked at assessing general financial performance, but how can we help plan better for growth? In the next two posts we’ll be breaking down profitability into bite sized chunks and de-mystifying the profit and loss account a little. So to begin with you’ll need […]
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Tags: Finances, financial health check, profitability
By Ellen O’Hara This post is the first in a series on how to give your business a quick financial healthcheck, so should come in very handy. Get your figures together for this year and the previous year(s) if you’ve been trading for a while and begin by assessing your overall performance. Start by looking at the total […]
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Tags: Finances, financial health check, planning, profitability, sales
Interview by Ellen O’Hara, Head of Business Development at Cockpit Arts During Collect 2010, I took part in a panel discussion organised by Crafts Magazine. The theme was ‘Crafting a Career’. Also on the panel was ceramist Jacob van der Beugel, who touched on a theme close to my heart – the important relationship between pricing, value […]
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Tags: funding, goals, Industry Experts, makers, planning, profitability, sales, top tip, values
