Formula for Ecommerce Profitability
Revenue from sales minus Refunds, minus VAT on remaining sales revenue minus Product costs minus Fixed business costs (Ex. VAT) minus Flexible business costs (Ex. VAT) equals Profit. Profit / Revenue = Profitability %
Understanding Ecommerce Profitability
Revenue from sales minus Refunds, minus VAT on remaining sales revenue minus Product Costs minus Fixed Business Costs (Ex. VAT) minus Flexible Business Costs (Ex. VAT) equals Profit. Profit / Revenue = Profitability %
Planning my walk along The Ridgeway
I received this book as a gift after mentioning that I’d like to walk along the Ridgeway. So, with this to help my planning I’ve decided I’m going to walk it in sections over the next few months.
Learning about tech in schools
I was chatting to an old school friend about how we’re both in jobs that we couldn’t have even imagined when we were at school. Back then, the Internet become mainstream and sending an email was a big deal.
It made me think about tech education in schools and wonder whether teachers get the message across to their students that whatever subject they are learning they need to learn how to use technology, that whatever job they get when they are older it will involve technology.