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*Resource of HR>>>employee turnover

Hi. Can anyone explain business finance in terms of a market stall???? Eg gross profit, net profit, turnover!?

I find it hard to understand things! However, give me an example I'm familiar with and I get it just like that.

I need to know all the business terms, net profit gross margin, tax employee contributions etc as much as possible Please!!!!!!!!!

Thankyou guys!!!!!!!!

I sell sweets at a market.

I pay 拢15 rent and it costs me 拢5 in travel expenses to get to the market.
I spend 拢100 at a wholesaler, and I sell the sweets for 拢200

My turnover is 拢200
My gross margin is 50% (half of my turnover)
My mark-up is 100% (my selling price is 100% more than my cost price)
My gross profit is 拢100
My net profit is 拢80 (拢100 minus rent, car expenses etc.)

Tax is paid as a percentage of the net profit.

Dave - you are a star - Wanna tip - write a book on this! It would help thousands of people just like me. Cheers -

When you put it in these terms I got it just like that Report It

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