01-13-2014, 10:31 PM
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#10
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All Star Starter
Join Date: Oct 2013
Location: canada
Posts: 1,736
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Quote:
Originally Posted by Le Grande Orange
I'm not sure the numerical dollar profit is the value to use. Which is more impressive: $1.5 million profit on $50 million in revenue, or $1.5 million in profit on $150 million in revenue? I'd consider using the profit margin (i.e. profit divided by revenue) as one of the measures instead of the numerical profit. The profit margin is an indicator of the efficiency at which a club turned revenue into profit.
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agree on this
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